Latvia, together with NATO partners, is establishing a Defense, Security and Resilience Bank 07.07.2026

Leaders of Canada, Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey, and Ukraine announced in Ankara, at a NATO summit, a joint commitment to establish a Defense, Security and Resilience Bank (DSRB). This initiative is aimed at maximizing the use of available public and private financial resources to more fully realize defense and resilience priorities. The goal of the DSRB is to improve access to financing, reduce costs, and support the expansion of member states' production capacities, complementing existing national and multilateral mechanisms. The countries have committed to providing high-level support to ensure the process is carried out efficiently and in response to the current geopolitical situation. The objective is to achieve full operational commencement of the Bank as early as the beginning of 2027, providing stable lending opportunities to help NATO allies increase defense investments and the pace of resource deployment.
















