The North Atlantic Alliance countries will create a special "Defense, Security and Resilience Bank" (DSRB) by 2027 to prepare for a military conflict with the Russian Federation, the Russian newspaper Izvestia writes, citing sources. Leading positions in the bank will be held by representatives of Great Britain, Focus reports.
The new financial institution should help NATO members reach the required 5% of GDP for military spending: they will be able to spend more on weapons than their own laws allow.
"Most NATO members are experiencing economic problems, facing high levels of public debt and large budget deficits. Therefore, the North Atlantic Alliance is looking for new ways to finance the military industry".
In December 2024, Rob Murray, former head of NATO's innovation department and a British career intelligence officer, proposed the creation of a "Defense, Security and Resilience Bank" for these purposes.
The full-fledged launch of the bank is planned for 2027, an informed source told the Russian publication. Plans to raise 100 billion pounds ($135.1 billion) were previously reported.
The DSRB board wants to finalize approval of the bank's charter in the first quarter of 2026, and the first bond issue on the capital markets is expected in the third or fourth quarter of this year. The organization is currently choosing a headquarters, with Ottawa and Toronto among the options. The latter is considered the favorite due to Canada's strong financial sector and its relative distance from Europe.
In Moscow: NATO creates bank for war with Russia with capital of over $100 billion
The new financial institution should help NATO members reach the required 5% of GDP for military spending: they will be able to spend more on weapons than their own laws allow
Jan 31, 2026 18:09 56
