Interim and
Annual Reports

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In 2021, the Federal Government supported business worth 20.2 billion euros with export credit guarantees. The cover volume demonstrates the interest in this promotion instrument and proves that the Federal Government is willing to support exporting companies and banks in their activities abroad also in difficult times.

In 2021 the demand for export credit guarantees returned to its normal pre-crisis level: After a decline to 16.7 billion euros in 2020 due to a lack of big-ticket projects, the volume of cover rose by 20.6% to its normal level again in 2021. Cover was now sought for transactions, which had been postponed at the height of the Corona virus crisis. The majority of supplies and services covered were destined for emerging economies and developing countries.

In addition to basic details on Export Credit Guarantees and interesting project examples, the Annual Report also includes brief information on the Investment Guarantees of the Federal Republic and an interview about exports of services covered with a supplier credit guarantee for service providers.