The Globe and Mail reports in its Thursday edition that all six of Canada's major banks have signed on to support a new multinational defence bank, which the country is helping to spearhead among a group of NATO members and their allies. The Globe's Pippa Norman writes that Bank of Montreal is the last of the Big Six to declare its support for the Defence, Security and Resilience Bank (DSRB), after announcements by its main competitors last week. The bank is being established by a group of 13 leading nations and is expected to have as many as 40 member countries. It will be dedicated to financing defence projects in participating countries through low-interest loans. Royal Bank of Canada was the first Canadian bank to sign on as a partner of DSRB late last year, joining other international institutions such as JPMorgan, ING Group NV, Deutsche Bank AG, Commerzbank AG and Landesbank Baden-Württemberg. Bank of Nova Scotia, CIBC and National Bank announced their support shortly after the federal government officially endorsed the DSRB on Jan. 30, and TD Bank joined the group late last week. Canada has assumed a leadership role in the establishment of the bank, which is being carried out by the DSRB's development group.