OTTAWA, Jan 30 (Reuters) - Canada will work with international partners to see what role ​it can play in setting up ‌a proposed new multilateral defense bank to help rearm European ‌and NATO member countries, Ottawa said on Friday.

Backers of the proposed Defence, Security and Resilience Bank want it to become a global state-backed institution ⁠with a triple-A ‌credit rating capable of raising $135 billion to fund defense projects.

Germany and Britain ‍have said they will not back the bank.

Finance Minister Francois-Philippe Champagne announced Canada's interest in a post ​on X after hosting talks with more ‌than 10 nations.

"In the months ahead ... (we) will be working closely with international partners to lead Canada's contribution in advancing the DSRB," he said.

Germany says increased defense financing should be achieved through ⁠the European Union's new Security ​Action for Europe scheme, which ​provides member states with loans of up to 150 billion euros ($175 billion) for ‍joint procurement.

In ⁠September, a British government source said officials were concerned the DSRB proposal would not ⁠meet the government's goals of increasing value from defense ‌spending.

(Reporting by David Ljunggren and Maria Cheng; ‌Editing by Chris Reese)