NATO creating bank to prepare for war with Russia

February 1, 2026

TL;DR

NATO countries are working to establish a new bank by 2027 to fund military spending and prepare for a potential conflict with Russia.
The proposed bank, the Defense, Security and Resilience Bank (DSRB), aims to help countries reach a 5% GDP defense spending threshold.
It will utilize private funding, lending, and bond mechanics, and allow for sidestepping some national budget limits.
The project is spearheaded by British officials, with potential headquarters in Ottawa or Toronto.
Backers aim to finalize the charter in Q1 2026, with an inaugural bond issue in late 2026 and a full launch in 2027.
The framework also incentivizes centralized procurement of standardized weapons.
Some NATO members, including Germany and France, are not fully supportive, preferring to focus on existing mechanisms or their own frameworks.

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