Investment Guarantees of the Federal Republic of Germany

well-established and proven foreign investment promotion scheme of the Federal Government. They hedge eligible German direct investments abroad against political risks that may occur. The promotion instrument contributes significantly to economic growth, as well as to safeguarding and creating Jobs.

The Federal Government has mandated PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft to manage this investment promotion scheme.

Information on other foreign trade promotion instruments of the Federal Government can be found at under the search term "Promotion of foreign trade and investment".


Solutions for small and medium-sized enterprises

The investment guarantees of the Federal Republic of Germany particularly support small and medium-sized enterprises with business activities abroad.


01. September 2022

DIA-Report Nr. 39 (German Version only)

10. August 2022

Interim Report Investment Guarantees 2022 - now available

10. August 2022

DIA-Report Nr. 38 (German Version only)

23. June 2022 

DIA-Report Nr. 37 (German Version only)

20. May 2022

Annual Report Investment Guarantees 2021 - now available

09. May 2022 

DIA-Report Nr. 36 (German Version only)

28. February 2022

Off cover for Russia and Belarus

On Thursday, 24th February 2022, the Federal Government suspended the granting of investment guarantees to Russia and Belarus until further notice. On Saturday, 26th February 2022, an EU-wide ban on investment guarantees for Russia also came into force.

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.               

     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.

Quick Links


Find your contact person                       

IMC Appointments

Information on the IMC and overview over the appointments

Application Form

Direct access to the application form


Overview over the country policy decisions