Export Credit Guarantees for the defence industry

The Federal Government extends support to certain export projects of the German defence industry through Export Credit Guarantees. These projects are secured using Supplier Credit Cover and/or Buyer Credit Cover. Additionally, a combination with other forms of coverage, such as Manufacturing Risk Cover, Contract Bond Cover and Counter-Guarantee, is possible.

Important note: A premium indication can be obtained at an early stage via an online inquiry.

Target Audience

For Supplier Credit Cover

• German export companies

For Buyer Credit Cover

• German banks
• Branches of foreign banks based in Germany
• Foreign banks (subject to certain conditions)

Payment Terms for Secured Transactions

• Short-term (up to 2 years)
• Medium/long-term (2 years +)

Special Features

Cover (PDF, EN) is available for defence projects involving various military goods and destination countries.

Premium

Premium rates are determined according to the applicable fees and premium rates. If a flexible repayment profile is utilized, it is duly considered in determining the horizon of risk period. For transactions in countries falling into OECD consensus category I, a market test is generally required.
 

Uninsured portion (percentage excess)

For Supplier Credit Cover

• 5% for political risks
• 15% for commercial risks (typically)

For Buyer Credit Cover

• 5% for all risks

Applications can be conveniently submitted online via the myAGA customer portal (DE). To apply for coverage of your export business with Supplier/Financial Credit Cover, please submit your digital application through the portal. Registration is a simple process requiring just a few steps. Existing myAGA users can log in directly with their credentials. For assistance with your application or inquiries about the most suitable product, please contact our business consultants.

Our business consultants will be happy to answer any questions you may have about financing for defence projects and, if desired, will guide you step by step through the application process.