AKA at a glance
Extensive market expertise and reliable risk management form the basis for success in export business. Since its establishment in 1952, AKA has been working on this as a powerful partner hand-in-hand with other banks and companies. Our joint goal is to ensure successful international export finance.
AKA offers its business partners optimum support in organising and managing their international trade finance transactions. With its focus on emerging markets, AKA covers risks in more than 70 countries.
Out of its strong domestic market, AKA has been pursuing a course of strategic expansion for a number of years in order to become a European trade finance institution. It is broadening its joint activities with European export credit agencies (ECAs). As a result, AKA is widening its funding base across the programs offered by European ECAs.
AKA at a glance
Legal form: GmbH (originally incorporated as an AG)
Shareholders: 17 banks in Germany
Registered offices: Frankfurt am Main
Banking permit: AKA is subject to German banking supervision
Deposit guarantee fund: A member of the deposit guarantee fund of the Federal Association of German Banks (BDB)
Equity: EUR 287.7 million
CET1 capital: EUR 287.7 million
Total assets in 2022: EUR 3.9 billion
Business volumes: EUR 5.3 billion
Employees: 155
Acting sustainably
Sustainability and matching ESG criteria are becoming increasingly important and have already been an important part of AKA’s activities for a long time.
Especially in the main business area of Export Finance, the export credit insurances (ECA) have had strict rules for years now. Clearly defined criteria stand above granting loans, which are summarized in the so-called "OECD-consensus". Since 1978, the consensus has established consistent minimum standards for export credits, supported by federal export credit agancies or by financing from public funds. Governance and sustainability have therefore been the focus of international cooperation for a long time.
For this reason federal export credit agencies and refinancing banks have also agreed in the OECD to determine standard procedures that go beyond mere financing conditions and many of the "green criteria" currently used in the market. These are so-called "Common Approaches" for taking environmental and social aspects into account in publicly supported export credits.
We are convinced: The financial sector can be in a leading position transforming global trade towards sustainability. In its position paper AKA describes activities being implemented to contribute to a more sustainable world.
You can find out more about AKA in our magazine AKA Dialogue
