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4w ago

Deutsche Bank CEO Calls for State-Backed Guarantees on Defense Loans

Christian Sewing proposes an EU defense finance bank and highlights the need to replicate pandemic-era investment models to boost military-industrial capacity.

Christian Sewing Vorstandsvorsitzender Deutsche Bank AG mit ausschweifender Geste bei der Jahresmedienkonferenz 2025 der Deutsche Bank in Frankfurt, Frankfurt, 30.01.2025
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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.