In the year 2010, the Pfandbrief Banks which together make up the vdp recorded a slight rise in new loan commitments, which totalled € 142 billion (+1.6%). This growth was driven by positive developments in property finance, whereas public-sector lending, ship finance and aircraft finance saw a decline.
Totalling € 77 billion, real estate finance accounted for more than half of commitments given. New loans to the public sector totalled € 53 billion. New lending activity for ships came to € 10 billion, while new loans to finance aircraft amounted to € 2 billion.