NATO member states are set to create an international defense bank named the Defense, Security and Resilience Bank (DSRB), specializing in financing defense procurement for NATO and partner countries.
A high-level working group led by UK Treasury Chancellor Rachel Reeves and Defense Secretary John Healey approved the bank’s creation in July, with strong backing from the European Parliament. The DSRB will be state-owned and supported by major financial institutions, including:
- Commerzbank (Germany)
- ING Group (Netherlands)
- JP Morgan Chase (USA)
- Landesbank Baden-Württemberg (Germany)
- RBC Capital Markets (Canada)










