# Ukraine to co-found defense bank to finance weapons production

https://mins.news/en/item/122630

- The Kyiv Independent, 2026-10-30 14:33 UTC
- Economy
- Original: https://kyivindependent.com/ukraine-to-co-found-defense-bank-aimed-at-financing-weapons-production/

> Ukraine, Canada and seven other partners plan to sign an agreement on Nov. 30 to establish the Canada-led Defense, Security and Resilience Bank, which aims to start operating in 2027. It would help governments fund defense needs and manufacturers expand production; the signing would not begin lending.

## Related coverage

- [German industry groups urge Berlin to join defence bank initiative](https://mins.news/en/item/120720) — Reuters, 2026-10-29
