| Verband deutscher Pfandbriefbanken | |
| Full Name: | Association of German Pfandbrief Banks |
| Native Name: | Verband deutscher Pfandbriefbanken |
| Native Name Lang: | de |
| Abbreviation: | vdp |
| Established: | --> |
| Founders: | --> |
| Defunct: | --> |
| Type: | Trade association |
| Status: | Eingetragener Verein (registered association) |
| Purpose: | Represent German Pfandbrief banks |
| Location City: | Berlin |
| Location Country: | Germany |
| Region Served: | Germany |
| Product: | --> |
| Membership: | 40 |
| Membership Year: | 2020 |
| Language: | German |
| Leader Title: | President |
| Leader Name: | Gero Bergmann |
| Former Name: | 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).
The association was named Verband deutscher Hypothekenbanken until July 2005.
The association represents 40 member institutions[3] and it is one of the five members of the German Banking Industry Committee that is defining the standards of the German financing sector.
The bond banks association runs a number of subsidiaries for specialized task such as the "vdp Research GmbH" (vdpResearch), the "vdp Pfandbriefakademie GmbH" (Pfandbrief Academy), the "Hyp Real Estate Rating Services GmbH" (HypRating) and the "Hyp-Zert-Gesellschaft" that is certifying real estate agents to take part in the "Beleihungswertermittlungen mbH" (HypZert - mortgage estimates), with all of them located in Berlin.