AKA Bank Annual Report 2024
Despite global economic uncertainties, AKA achieved a solid operating result in 2024, with a pre-tax profit of €32.5 million. Its resilient business model, centred on Export & Agency Finance and Structured Finance and Syndication, proved its worth once again.
Against the backdrop of global challenges and changes in the business environment, AKA is proactively embracing change and taking forward-looking strategic steps.
Guest article
Export financing caught between tradition and transformation
Global trade in transition
by Dr. Markus Ampenberger and Dr. Erich Suess, Boston Consulting Group
Global trade is changing due to geopolitical tensions, protectionism, and technological developments. Supply chains are becoming more regional and strategic, particularly due to trends such as 'friend-shoring'. Digitalisation and new technologies, such as AI, present opportunities but still face challenges. Europe needs to realign itself by increasing domestic trade and diversifying its partners. Germany's export industry remains a leader, but must adapt to new market conditions. AKA aims to develop strategically by diversifying geographically and sectorally, and by expanding its range of financing options, in order to remain competitive in the face of change.
Outlook for 2025
Despite geopolitical risks and structural challenges, the global economic outlook for 2025 remains cautiously positive. AKA sees this as an opportunity for growth, supported by its new Strategy 2028, expansion of the ECA business, innovative financing approaches, and technological developments. These factors should also ensure a sustainable business model in the future.
