The Defence, Security and Resilience Bank Development Group has issued an official statement following a high-level meeting in London that brought together representatives from 37 nations, including all G7 members, as well as the European Commission, NATO, the European Parliament, global banks and ratings agencies.
The meeting, held on 8 September 2025 in the City of London, focused on the proposed Defence, Security and Resilience Bank, an international financial institution intended to mobilise global capital to support defence spending and long-term resilience investments. According to the Development Group, a number of countries have now indicated their intention to begin the formal steps required to bring the bank into existence.
The group noted that this phased pattern of engagement is typical in the formation of multilateral financial institutions, which often begin with a core group of anchor nations before expanding membership through charter negotiations and subsequent capital rounds.
The DSRB is designed to complement the European Union’s SAFE initiative by creating a broader multilateral platform involving NATO and Indo-Pacific nations. The aim is to strengthen allied industrial bases through long-term, scalable financing mechanisms capable of meeting rising defence and resilience requirements.
The initiative continues to progress within government channels, with a clear pathway emerging toward founding-nation discussions, charter development and capital formation. The DSRB Development Group reaffirmed its commitment to advancing the next phase of work and supporting a more resilient global defence ecosystem.
