What is JBIC?

JBIC is a Japanese governmental financial institution that aims at (i) stable and autonomous development of the economies and societies of countries in the world, and (ii) closer and stronger economic ties between Japan and the rest of the world. Established on October 1, 1999 as a result of a merger between The Export-Import Bank of Japan (JEXIM) and The Overseas Economic Cooperation Fund, Japan (OECF), and taking over their operations as its core operations, JBIC undertakes International Financial Operations and Overseas Economic Cooperation Operations (ODA Operations) that are strictly separated in terms of financial sources and accounts.

History of JBIC

1. International Financial Operations
2. Overseas Cooperation Operations ODA

The merger has resulted in more than 200 billion U.S. dollars of the total loans and investments outstanding, and the geographical coverage of over 160 countries with 27 overseas offices around the world. In these offices as well as in the head office in Tokyo and the branch office in Osaka, nearly 900 Japanese are currently working with JBIC together with many local professional and assistant staffs.

Financial Highlight

JBIC's operations in Indonesia dated back to 1960 when former JEXIM started export credit loan, followed by former OECF's ODA loan in 1968. The financial assistance through various credit facilities by former JEXIM and OECF to over 2,000 projects and programs in Indonesia

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