7 July 2026 16:24 UTC · NATO · NATO Transcript · Source · Email X Link

NATO says Allies and banks must increase defence financing

Key points

Allies and financial institutions must increase defence financing
Institutions have mobilised 217 billion dollars for Allied defence

TL;DR

NATO says the call for action asks Allies and financial institutions to strengthen domestic financing, promote public‑private co‑investment models, and support multinational initiatives to address financing gaps.
NATO reports institutions here have mobilised 217 billion dollars of capital for Allied defence, security and resilience.
NATO lists supporting financial institutions present, including Banco Santander, Barclays, BNP Paribas, Business Development Bank Canada, Citi, Danske Bank, Deutsche Bank, NATO Innovation Fund, NatWest, and PKO Bank Polski.

Original text

Create an account Reset password Already have an account? Log in From now on you can download videos from our website If you would also like to subscribe to the newsletter and receive our latest updates, click on the button below. Enter the email address you registered with and we will send you a code to reset your password. The password must be at least 12 characters long, no spaces, include upper/lowercase letters, numbers and symbols. Click the button to return to the page you were on and log in with your new password. 07 July 2026 1 MIN READ Allies and financial institutions have to do more, and we agree we can do more, so that is what we will do, and that's what the call for action is all about. It's about Allies playing their part to strengthen domestic financing mechanisms, promoting public-private co-investment models and supporting multinational initiatives to address financing gaps. At the same time, the call for action is about you, the financial institutions, playing your part to increase the capital allocated to defence and security, so that we can further strengthen defence industrial production across the Alliance. Here, listen, the institutions represented here today have mobilised over 200 billion dollars, to be precise, 217 billion dollars of capital for Allied defence, security and resilience. This is incredible stuff, and exactly the kind of support our security needs. Let's have a warm round of applause for this fact. And with this, I want to acknowledge these leading financial institutions that are here today to show their support for this initiative. Banco Santander, Barclays, BNP Paribas, Business Development Bank Canada, Citi, Danske Bank, Deutsche Bank, the NATO Innovation Fund, NatWest, and PKO Bank Polski. I want to thank you all for your valuable support, and please keep up the effort. And tell your banking friends this is really just the beginning, and the difference you are making will be profound. This is about safeguarding our freedom, and security and prosperity for years to come. We must open the floodgates of private capital into defence to unleash our production and innovation. So, again, thank you for your support. And now to action. Thank you so much. Link was copied to clipboard

Key tags

Topics

Keywords

Stats

Word count: 377

Summary words: 92

Compression: 24%

Boilerplate removed: Yes

Top phrases:

Entities

People

None found.

Organizations

Places