History

1999   
 -  Bank Ekspor Indonesia (BEI) was established as a Public Bank by virtue of Government Regulation (PP) Number 37/1999

2000  
 -  The Government’s commitment to establish LPEI (Lembaga Pembiayaan Ekspor Indonesia/Indonesia Export Financing

     Institution) by virtue of the law, as referred to in item 98 of the Letter of Intent of Indonesia and the IMF, dated 20 January

     2000.
 -  The Ministry of Finance of the Republic of Indonesia proposed for permission to initiate the Bill on LPEI on 10 April 2000.
 -  The President issued the Initiation Approval on 5 June 2000.

 -  The Minister of Finance of the Republic of Indonesia formed the Inter Ministerial Committee (PAD) to be responsible for

     the drafting of the Bill on LPEI on 2 October 2000.    

2001   
 -  Deliberation of the LPEI Bill by the PAD Team.


2006   
 -  The meeting to finalize the LPEI Bill by the PAD Team on 19 October 2006.
 -  Harmonization of the LPEI Bill from 8 to 10 December 2006.

 2007   
 -  The Presidential Letter introducing the Bill on LPEI  was signed on 11 June 2007.
 -  The Bill on LPEI was declared as a Priority Bill at the Plenary Session of the House of Representatives of the Republic of

     Indonesia (DPR-RI) on 25 September 2007.
 -  The Plenary Session of the DPR-RI on 13 October 2007 agreed that the LPEI Bill be presented and deliberated at the

     meetings in 2008
    
2008   
 -  Presentation of the Government Explanation introducing the LPEI Bill before the meeting of the Special Committee

     (Pansus) for the LPEI Bill on 17 January 2008.
 - 10 fractions of the DPR-RI stated their approval to deliberate the LPEI Bill on 31 January 2008.
 -  The General Hearing (RDPU) between the Special Committee and various parties involved was held from March to June

    2008.
 - Formation of the Working Committee (Panja) for the LPEI Bill in July 2008.
 - Deliberation of the LPEI Bill by the Working Committee was held from July to December 2008.
 - Deliberation of the LPEI Bill by the Formulating Team (Timus) and the Synchronizing Team (Timsin) was held in December

    2008.
 - The Deliberation Board (Bamus) of the DPR-RI on 4 December 2008 stated that the Bill on the Indonesian Export

   Financing Institution (LPEI) had been placed on the agenda for deliberation at the Second Level Deliberation/Decision

   Making at the Plenary Session of the DPR-RI on 16 December 2008.
 - First Level Decision Making (Mini Fraction View) was held on 15 December 2008.
 - The DPR-RI accepted the LPEI Bill as the Act on LPEI on 16 December 2008.
    
2009   
 - Passing of the Act of the Republic of Indonesia Number 2/2009 on Indonesian Export Financing Institution on 12 January

    2009.
 - Announcement of the Operationalization of Indonesia Eximbank by the Minister of Finance of the Republic of Indonesia on

   1 September 2009.
    
2010  
 - Inauguration of the Minister of Finance of the Republic of Indonesia and handing over of the position of the Chairman of the

   Board of Directors concurrently holding the position of the Executive Director, from Mahendra Siregar to I Made Gde Erata

   on 6 January 2010.