Overview
- Christian Sewing, Deutsche Bank CEO, advocates for partial government guarantees on loans to defense companies to mobilize private capital more effectively.
- Deutsche Bank has established a specialized team to support small and medium enterprises in the defense sector, reflecting its strategic focus on the arms industry.
- The bank's credit portfolio in the defense sector is valued at a mid-double-digit billion euro figure, underscoring its significant engagement in the industry.
- Sewing cites the European Investment Bank's COVID-19 guarantees, which mobilized 186 billion euros in investments, as a model for defense financing mechanisms.
- Global military expenditures reached 2.72 trillion USD in 2024, with Germany's defense spending increasing by 28% to 88.5 billion USD, highlighting the sector's rapid growth.