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Sascha Kulling

Sascha Kulling

Sascha Kullig is Member of the Management Board and Head of Capital Markets, Investor Relations and Sustainable Finance at the Association of German Pfandbrief Banks (vdp), and a guest on the EMF-ECBC podcast "Mortgages Covered."

Sep 4, 2026

1:05
Sascha, what do you think is the overarching theme or overarching themes for this year, for this edition?
1:14
Well, I would say if you look at it from a market perspective, I would say the key words are, let's say, resilience, growth and ongoing globalisation.
1:28
I mean, we have a geopolitical situation, which is, to put it frankly, fragile.
1:35
There are a lot of countries where you have low economic growth, you have rising inflation concerns, but still the capital market, and especially the capital bond market, is doing very, very well.
1:46
So this is the main message from a market perspective.
1:49
If you look at it from a political angle, I would say the key word here is competitiveness.
1:57
I mean, the good news is the European politicians now place greater emphasis on competitiveness of the European banking sector, but so far it hasn't really translated into measures, into regulatory action.

13 MINS LATER

15:27
So,

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