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Association of German Pfandbrief Banks | |
Verband deutscher Pfandbriefbanken | |
Abbreviation | vdp |
---|---|
Type | Trade association |
Legal status | Eingetragener Verein (registered association) |
Purpose | Represent German Pfandbrief banks |
Location | |
Region served | Germany |
Membership (2020) | 40 |
Official language | German |
President | Gero Bergmann |
Website | www |
Formerly called | Verband deutscher Hypothekenbanken |
The Verband deutscher Pfandbriefbanken (vdp, in English Association of German Pfandbrief Banks[1]) is the interest group of German banks which issue a form of property-backed covered bond known as Pfandbrief. vdp member institutions are also engaged in ship and aircraft finance.[2] The vdp takes the judicial form of an Eingetragener Verein (registered association).