Method for the preparation of a monolithic catalyst for the reduction of nitrogen oxides, VOC and carbon monoxide in an off-gas, the catalyst comprises at least one platinum group metal, vanadium oxide and titania, the method comprises the steps of: a) providing a monolithic substrate; b) providing an aqueous solution of a vanadium compound; c) providing an aqueous solution of one or more compounds of the at least one platinum group metal; d) adding particles of titania to the aqueous solution of the vanadium compound to obtain a suspension comprising the titania particles suspended in the aqueous vanadium compound solution; e) precipitating at least part of the vanadium compound in the suspension of step d) on surface of the titania particles to obtain a suspension of titania supported vanadium compound particles; f) adjusting the pH value of the suspension to a value of at least 6 and adding the aqueous solution of the one or more compounds of the at least one platinum group metal to the pH adjusted suspension of the titania supported vanadium compound particles to obtain a wash coat slurry containing a suspended solid phase with the one or more compounds of the at least one platinum group metal adsorbed on the titania supported vanadium compound particles; or adding the aqueous solution of the one or more compounds of the at least one platinum group metal to suspension of the titania supported vanadium compound particles and subsequently adjusting the pH value of the suspension to a value of at least 6 to obtain a wash coat slurry containing a suspended solid phase with the one or more compounds of the at least one platinum group metal adsorbed on the titania supported vanadium compound particles; g) coating the monolithic substrate with a layer of the wash coat slurry of step f); h) decreasing the pH value of the layer coated on the monolithic substrate below 6 and dissolving the one or more compounds of the at least one platinum group metal from the titania supported vanadium compound particles on and into walls of the monolithic substrate; and i) drying and calcining the wash coated monolithic substrate. a) providing a monolithic substrate; b) providing an aqueous solution of a vanadium compound; c) providing an aqueous solution of one or more compounds of the at least one platinum group metal; d) adding particles of titania to the aqueous solution of the vanadium compound to obtain a suspension comprising the titania particles suspended in the aqueous vanadium compound solution; e) precipitating at least part of the vanadium compound in the suspension of step d) on surface of the titania particles to obtain a suspension of titania supported vanadium compound particles; f) adjusting the pH value of the suspension to a value of at least 6 and adding the aqueous solution of the one or more compounds of the at least one platinum group metal to the pH adjusted suspension of the titania supported vanadium compound particles to obtain a wash coat slurry containing a suspended solid phase with the one or more compounds of the at least one platinum group metal adsorbed on the titania supported vanadium compound particles; or adding the aqueous solution of the one or more compounds of the at least one platinum group metal to suspension of the titania supported vanadium compound particles and subsequently adjusting the pH value of the suspension to a value of at least 6 to obtain a wash coat slurry containing a suspended solid phase with the one or more compounds of the at least one platinum group metal adsorbed on the titania supported vanadium compound particles; g) coating the monolithic substrate with a layer of the wash coat slurry of step f); h) decreasing the pH value of the layer coated on the monolithic substrate below 6 and dissolving the one or more compounds of the at least one platinum group metal from the titania supported vanadium compound particles on and into walls of the monolithic substrate; and i) drying and calcining the wash coated monolithic substrate.