US EditionING and JP Morgan commit support to multilateral defence bank
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ING and JP Morgan commit support to multilateral defence bank
Five commercial lenders including ING and JP Morgan have pledged support for a multilateral defence bank aimed at bolstering military financing for Nato countries and their allies. The Defence, Security and Resilience Bank (DSRB), a not-for-profit institution launched earlier this year will seek to significantly boost financing for military buyers and suppliers, through both loans and bank guarantees. The bank is still in the early phases of dev…
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