Ukraine and eight countries plan to establish international defense bank
Canada-led Defense, Security and Resilience Bank aims to begin operations in 2027, with founding agreement planned for Nov. 30
Ukraine and eight partner countries plan to sign an agreement on Nov. 30 establishing a new international defense bank, the Defense, Security and Resilience Bank (DSRB), which aims to begin operations in 2027 and could provide another source of long-term financing for weapons production and military purchases, the governments announced Oct. 29.