Support for German enterprises’ activities abroad
Export Credit Guarantees and Untied Loan Guarantees have been well established and tried and tested foreign trade promotion instruments of the German Federal Government for decades. They are managed on behalf of the Federal Republic of Germany by Euler Hermes Aktiengesellschaft.
Information on other foreign trade promotion instruments of the Federal Government can be found at www.bmwi.de.
News
14. September 2022
Interim Report 2022 of the Federal Export Credit Guarantees
Out now
10. February 2022
Test our new premium calculator and get your financing schedule
The promotion scheme at a glance
Exports
Export Credit Guarantees (Hermes Cover) protect export transactions, in particular in difficult and high-risk markets, against a payment default for commercial / political reasons.
Investments
Investment Guarantees protect direct investments of German companies in emerging markets and developing countries against political risks.
Raw materials
Untied Loan Guarantees support the external financing of raw materials projects abroad which are eligible for cover and secure the supply of the German industry with raw materials.
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Solutions for small and medium-sized enterprises
The Export Credit Guarantees of the Federal Republic of Germany support in particular small and medium-sized enterprises in establishing trade relations with business partners abroad.
The main purpose of Hermes Cover is to provide protection against bad debt losses in connection with supplies to difficult and risky markets.
Besides, as a small or medium-sized enterprise you will also benefit from easier access to export finance.
Foreign business – yes, but on a safe basis

myAGA
myAGA is our customer portal for exporters and banks.
Submitting applications, reporting losses or sharing documents with us in a simple way.
At the moment there are the following apps available:
- Exporters application (all products for individual cover)
- Bank application (Buyer Credit Cover, Covered Bond Guarantee, Securitisation Guarantee)
Indemnification application
- Wholeturnover Policy (APG)
- Wholeturnover Policy light (APG light)

Market development programme for small and medium enterprises
A programme of the Federal Ministry for Economic Affairs and Climate Action for SME to support their way in new markets.
Quick Links
Application forms
Direct access to the application forms
IMC meeting dates
IMC information and overview over the meeting dates (DE)
Countries
Overview over the country policy decisions
Contacts
Looking for contacts for all three support instruments


Your way to buy 'Made in Germany'
There are about 50,000 export-oriented companies in Germany offering:
- Highest quality standards and expertise
- Innovation combined with long-term experience and
- Trustful business partnerships.
The German industry landscape offers the broadest range of sectors in the world! For sure there are products and services “Made in Germany” that fit your business needs.
The Export Credit Guarantees of the Federal Republic of Germany – also known as Hermes Cover – enable you to buy “Made in Germany”.