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Thursday, February 05, 2026 2:00:13 PM
TD confirms support for the Defence, Security and Resilience Bank
February 5, 2026 1:45 PM
PR Newswire (Canada)
TORONTO, Feb. 5, 2026 /CNW/ - The Toronto-Dominion Bank ("TD Bank Group" or "TD") announced today that it has confirmed its role as a partner bank of the Defence, Security and Resilience Bank (DSRB) Development Group.
The DSRB Development Group supports the advancement of the DSRB, an international financial institution whose goal will be to mobilize the capital needed to help NATO members and allied nations finance their capabilities for defence, security and resilience. The DSRB will give governments access to affordable funding and strengthen opportunities across defence, security and resilience supply chains, including small and medium enterprises.
"As Canada and its allies increase their focus on advancing defence, security and resilience, TD is committed to supporting the financial foundation that helps drive this progress forward," said Raymond Chun, Group President and Chief Executive Officer, TD Bank Group. "Drawing on TD's more than 170-year history, deep sector knowledge, and full-service platform, we are focused on ensuring these national initiatives have the backing, guidance, and support needed to reinforce our country's economic resilience for decades to come."
"TD's engagement reflects a forward-looking approach to the financing challenges at the heart of defence, security and resilience. DSRB is being established to work with banks like TD, alongside a growing network of institutions, to provide the long-term, scalable financing that allows industry to respond effectively to allied commitments," said Kevin Reed, President and COO of the DSRB Development Group.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves over 28.1 million clients in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among North America's leading digital banks, with more than 13 million active mobile users in Canada and the U.S. TD had $2.1 trillion in assets on October 31, 2025. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto Stock Exchange and New York Stock Exchange.
SOURCE TD Bank Group
Original: TD confirms support for the Defence, Security and Resilience Bank
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