Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) today announced its support for the establishment of the Defence, Security and Resilience Bank (DSRB), as part of a wide range of ongoing initiatives to increase the bank’s support to European governments and the defence industry.
The DSRB’s ambition is to become a new multilateral AAA-rated bank that will provide loans to allied member states and guarantees on commercial loans to fund investment across the supply chain for defence, resilience, and security.
Earlier this year, Deutsche Bank formed a cross divisional working group to bring together its expertise across products, drive the firm’s expanded commitment to the sector, and coordinate a wide-ranging programme of engagement with stakeholders across the public and private sector.
In June, the Bank became the first bank to sign an agreement with the European Investment Bank to increase liquidity to the supply chain of the European defence industry under the EIB’s expanded programme of support.
In July, the Bank hosted a European defence conference in London with more than 200 participants bringing together senior leaders from government, the aerospace and defence industries, institutional investors and military experts to discuss how Europe’s defence landscape is evolving.
Deutsche Bank is committed to continuing to support ongoing efforts by the EU, the German government, the UK government and others to enhance defence resilience in Europe.
For further information please contact:
Deutsche Bank AG
Media Relations
Jo Court
Tel. +44 (0) 7879 272651
E-Mail: Joanne.Court@db.com
Frank Hartmann
Tel. 0049-69-91042744
E-Mail: Frank.Hartmann@db.com
Investor Relations
Phone: +49 800 910-8000
Email: db.ir@db.com
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
Forward-looking statements
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.
Such factors are described in detail in our SEC Form 20-F of 14 March 2024 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
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Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) today announced its support for the establishment of the Defence, Security and Resilience Bank (DSRB), as part of a wide range of ongoing initiatives to increase the bank’s support to European governments and the defence industry.
The DSRB’s ambition is to become a new multilateral AAA-rated bank that will provide loans to allied member states and guarantees on commercial loans to fund investment across the supply chain for defence, resilience, and security.
Earlier this year, Deutsche Bank formed a cross divisional working group to bring together its expertise across products, drive the firm’s expanded commitment to the sector, and coordinate a wide-ranging programme of engagement with stakeholders across the public and private sector.
In June, the Bank became the first bank to sign an agreement with the European Investment Bank to increase liquidity to the supply chain of the European defence industry under the EIB’s expanded programme of support.
In July, the Bank hosted a European defence conference in London with more than 200 participants bringing together senior leaders from government, the aerospace and defence industries, institutional investors and military experts to discuss how Europe’s defence landscape is evolving.
Deutsche Bank is committed to continuing to support ongoing efforts by the EU, the German government, the UK government and others to enhance defence resilience in Europe.
For further information please contact:
Deutsche Bank AG
Media Relations
Jo Court
Tel. +44 (0) 7879 272651
E-Mail: Joanne.Court@db.com
Frank Hartmann
Tel. 0049-69-91042744
E-Mail: Frank.Hartmann@db.com
Investor Relations
Phone: +49 800 910-8000
Email: db.ir@db.com
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
Forward-looking statements
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.
Such factors are described in detail in our SEC Form 20-F of 14 March 2024 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
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