LPEI and the Expensive Lessons from Export Financing

JAKARTA — Indonesia Eximbank, or Lembaga Pembiayaan Ekspor Indonesia (LPEI), is currently undergoing a transformation process. As a result, non-performing loans have shrunk significantly.

This change is part of the state-owned export financing institution’s efforts to emerge from the shadow of issues that burdened its performance and reputation in recent years. After addressing credit problems and alleged corruption cases involving several debtors, LPEI is now striving to build a new foundation through improvements in governance, risk management, human resources, and digitalisation.