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 as mandatary of the Federal Government.
Information on other foreign trade promotion instruments of the Federal Government can be found at www.bmwi.de.
28. August 2020
7. July 2020
The Federal Government adopts a 5-point package of measures to further support the German export industry
14. May 2020
Special Renewable Energies Initiative strengthening German companies’ position in international competition
30. March 2020
Demand for Federal Guarantees: The EU Commission extends the possibilities of state support for short-term business
The promotion scheme at a glance
Export Credit Guarantees (Hermes Cover) protect export transactions, in particular in difficult and high-risk markets, against a payment default for commercial / political reasons.
Investment Guarantees protect direct investments of German companies in emerging markets and developing countries against political risks.
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.
What are “state export credit guarantees”?
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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 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)
- 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 Energy for SME to support their way in new markets.
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”.