Deutsche Bank has thrown its support behind the creation of the Defence, Security and Resilience Bank (DSRB), a global initiative designed to finance rearmament and strengthen national defence capabilities. The proposed bank, led by a coalition of former NATO advisors, senior military leaders, and banking professionals, aims to secure up to £100 billion ($137 billion) in funding. This would be used to support nations, particularly those with limited access to affordable finance, in bolstering their defence infrastructure.
The DSRB has already attracted the backing of several major financial institutions, including JPMorgan, Commerzbank, and ING, with Deutsche Bank joining the ranks as a key supporter. While Deutsche Bank has not outlined its specific role in the initiative, other financial institutions have indicated that their involvement may include providing technical advisory support to the bank.
Earlier this month, a meeting in London brought together representatives from 35 countries, including G7 nations, NATO members, and countries from the Indo-Pacific region, to discuss the DSRB proposal. However, the UK government has officially ruled out supporting the project, citing that the DSRB’s concepts do not have government backing.
Despite the UK’s stance, the DSRB continues to gain traction, with multiple nations and financial institutions showing interest in the initiative. The growing geopolitical challenges underscore the need for enhanced defence financing, and the DSRB aims to meet this demand on a global scale.
