Articles & interviews

The vdp conveys the common standpoints of German Pfandbrief banks to legislators, the government, authorities, as well as banking and financial-sector institutions at the national, European and international levels. In addition, it informs the media and the public. Below you’ll find positions by the vdp on statutory changes that have an impact on Pfandbriefe and the underlying business sectors of Pfandbrief banks.

Articles & interviews


Navigating the crisis

Dr. Louis Hagen

The Pfandbrief banks stand ready to play their part in overcoming the Covid-19 crisis and to ensure the urgently needed liquidity as well as the flow of credit to the real economy.

Immobilien & Finanzierung - Der langfristige Kredit

The Pfandbrief: a cornerstone of Germany’s long-term thinking – today and in future

Jens Tolckmitt

Anyone pondering the defining characteristics, historical roots, and past, present and future significance of Germany’s economic culture of long-term thinking can surely not ignore the Pfandbrief.


Sustainable finance can play a part in overcoming the Covid-19 crisis

Jens Tolckmitt: The Pfandbrief banks stand ready to continue supporting the transition to a climate-compatible, resource-efficient and sustainable economy.

Global Capital

Crisis Talk — VDP's Tolckmitt believes in strength of Pfandbrief bank liquidity

Jens Tolckmitt: "The Pfandbrief has shown its usefulness in a number of crises."


Banks’ value chains are getting greener

Jens Tolckmitt: Sustainability is becoming an important element of business strategy

Frankfurter Allgemeine Zeitung

Sustainable finance under threat from proliferation of regulatory control

By Jens Tolckmitt: Control sometimes overshoots the mark, with the level of detail in the regulations going well beyond any reasonable measure.