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european banks aim to boost defence financing amid us competition
European banks, including UniCredit and Commerzbank, assert their readiness to finance the defence sector, countering claims of structural barriers. They emphasize the need for government clarity on defence spending to enhance access to finance for smaller companies, while acknowledging challenges posed by ESG concerns. As competition with US banks intensifies, European lenders aim to support local defence players and adapt to emerging technologies in the industry.
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