Supports defense industry on our site
Deutsche Bank, the leading bank in Germany with strong European roots and a global network, has announced its support for the establishment of the Defence, Security, and Resilience Bank (DSRB). This new multilateral AAA-rated bank aims to provide loans to allied member states and guarantees on commercial loans.
The bank formed a cross-divisional working group earlier this year to expand its commitment to the sector and coordinate stakeholder engagement. This move is in line with Deutsche Bank's ongoing efforts to support the enhancement of defence resilience in Europe, which includes collaborating with the EU, the German government, the UK government, and others.
In June, Deutsche Bank signed an agreement with the European Investment Bank to increase liquidity to the European defence industry. This agreement is a testament to the bank's dedication to this sector.
In addition to its support for the DSRB, Deutsche Bank offers a wide range of products and services to various clients. These include retail and private banking, corporate and transaction banking, lending, asset and wealth management, and focused investment banking.
For those interested in learning more about Deutsche Bank's operations, risk factors, and strategic initiatives, detailed information can be found on the bank's website. The bank's SEC Form 20-F, dated 14 March 2024, provides comprehensive information about the risks facing Deutsche Bank.
For media inquiries, please contact Jo Court at +44 (0) 7879 272651 or Joanne.Court@our website, or Frank Hartmann, who can be reached at Tel. 0049-69-91042744 and E-Mail: Frank.Hartmann@our website. The name of the person responsible for media relations at the banking group is not provided.
It is important to note that this release contains forward-looking statements, which are subject to risks and uncertainties. Actual results may differ materially from these forward-looking statements due to various factors, including market conditions, potential defaults, and the implementation of strategic initiatives.
In July, Deutsche Bank hosted a European defence conference in London, bringing together over 200 participants from government, aerospace and defense industries, institutional investors, and military experts. This conference underscores Deutsche Bank's commitment to fostering dialogue and collaboration within the defence sector.
Copies of this document are readily available upon request or can be downloaded from www.our website/ir. For further information, contact Deutsche Bank AG's Media Relations.
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