SC Germany Auto 2016-2 Monthly Investor Report · Initial Number of Notes per Class 14.400 600...

SC Germany Auto 2016-2

Monthly Investor Report

SC Germany Auto 2016-2 Reporting Date 10.10.2017

Monthly Investor Report Payment Date 13.10.2017

Period No 15

Cover Sheet Monthly Investor Report Monthly Period Okt 2017

Interest Period from 13.09.2017 to 13.10.2017 = 30 days

Collection Period from 01.09.2017 to 30.09.2017

Index Page

1. Portfolio Information 1

2. Reserve Accounts 2

3. Delinquency Data 3

4. Default Data 4

5. Concentration Limits 5

6. Outstanding Notes 6

7. Original Principal Balance 7

7.1 Original PB (Graph) 8

8. Current Principal Balance 9

8.1 Current PB (Graph) 10

9. Borrower Concentration 11

10. Geographical Distribution 12

10.1 Geographical (Graph) 13

11. Object / Vehicle / Distribution 14

12. Insurances 15

13. Contract Type 16

14. Payment Methods 17

15. Downpayment 18

16. Customer Yield 19

16.1 Customer Yield (Graph) 20

17. Seasoning 21

17.1 Seasoning (Graph) 22

18. Remaining Term 23

18.1 Remaining Term (Graph) 24

19. Original Term 25

19.1 Original Term (Graph) 26

20. Manufacturer Brands 27

21. Priority of Payments + Transaction Costs 28

22. Retention 29

23. Counterparties 30

24. Issuer Information 31

25. Santander Consumer Bank 32

Santander Consumer Bank AG

Santander-Platz 1

41061 Mönchengladbach



Period No 15

1. Portfolio Information Monthly Period Okt 2017



current period previous period

Outstanding ReceivablesNo. of

Contracts

Aggregate Outstanding

Principal Amount

Aggregate Outstanding

Principal Amount

Beginning of Period 148.854 1.499.999.995,46 € 1.499.999.995,88 €

Scheduled Principal Payments 29.920.083,48 €

Prepayment Principal 14.337.600,46 €

Others 1.378.959,66 €

Total Principal Collections 45.636.643,60 € 49.437.147,08 €

Total Interest Collections 6.369.070,45 € 6.932.999,86 €

Defaults 200.074,93 € 260.746,44 €

Replenishment Amount 45.836.722,05 € 49.697.893,10 €

End of Period 149.691 1.499.999.998,98 € 1.499.999.995,46 €

Purchase Shortfall Amount 1,02 € 4,54 €

Total Assets (End of Period) 1.500.000.000,00 € 1.500.000.000,00 €

Current Prepayment Rate (annualised) 10,9%


Santander-Platz 1




Period No 15

2. Reserve Accounts Monthly Period Okt 2017



Note BalanceBeginning of Period 1.500.000.000,00 €

End of Period 1.500.000.000,00 €

Reserve AccountsReserve Account in % Trigger Event y/n

Beginning of Period 1,00% 15.000.000,00 €

Cash Outflow - €

Cash Inflow - €

End of Period 1,00% 15.000.000,00 €

Required Reserve Fund 1,00% 15.000.000,00 €

Commingling Reserve in %

Beginning of Period n/a no

Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Commingling Reserve Fund n/a

Set-Off Reserve (X) in %


Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Set-Off Reserve (X) Fund n/a

Set-Off Reserve (Y) in %


Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Set-Off Reserve (Y) Fund n/a

Current Set-Off (X) Amount 6.511.058,64 €

Current Set-Off (Y) Amount n/a

Set-Off Amount (Y) (per Loan) n/a

Set-Off Amount (Y) (in % of Outstanding Balance) n/a


Santander-Platz 1




Period No 15

3. Delinquency Data Monthly Period Okt 2017




End of Period 1.500.000.000,00 €

Delinquency Data and Ratios3-MRA* /

current ratio Amount at risk Overdue amount

Number of

Loans

3-MRA* 1- 30 days past due 0,20%

1- 30 days past due period before previous period 2.479.681,31 € 69.821,85 € 224

1- 30 days past due previous period 4.531.117,90 € 85.079,88 € 398

1- 30 days past due current period 0,14% 2.050.536,75 € 62.229,46 € 183

3-MRA* 31- 60 days past due 0,15%


31- 60 days past due previous period 1.993.612,21 € 68.452,03 € 180

31- 60 days past due current period 0,19% 2.821.982,96 € 126.489,29 € 271

3-MRA* 61-90 days past due 0,06%


61- 90 days past due previous period 856.071,62 € 50.449,31 € 82

61- 90 days past due current period 0,05% 793.455,39 € 47.992,33 € 79


91- 120 days past due period before previous period 731.418,08 € 59.442,03 € 62











* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 15

4. Default Data Monthly Period Okt 2017




End of Period 1.500.000.000,00 €

Default Data and Ratios Amount Number of Loans

Current Default

Current Period Gross Default 200.074,93 €

Current Period Recoveries 37.798,57 €

Current Period Net Default 162.276,36 €

New Number of Defaulted Contracts 18

Cumulative Default

Cumulative Gross Default 1.973.765,38 €

Cumulative Recoveries 115.623,92 €

Cumulative Net Default 1.858.141,46 €

Total Number of Defaulted Contracts 224

3-MRA* /

current ratio Ratio

3-MRA* Annualised Net Default Ratio (New Default) 0,15%

Annualised Loss Ratio period before previous period 0,12%

Annualised Loss Ratio previous period 0,20%

Annualised Loss Ratio current period 0,13% 0,13%

Principal Deficiency Trigger Event y/n

Principal Deficiency period before previous period - € no

Principal Deficiency previous period - €

Principal Deficiency current period - €

PDL Trigger 2.500.000,00 €

Repurchased Assets

Current Repurchased Asset Amount through breach of warranty or voluntary buyback - €

Cumulative Repurchased Asset Amount through breach of warranty or voluntary buyback - €

* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 15

5. Concentration Limits Monthly Period Okt 2017



Portfolio Concentrations Minimum-Trigger Maximum-Trigger Current Value Trigger Breach

New Vehicles (applicable for Replenishment Portfolio) 35,00% - 35,01% no

Average Yield (applicable for Total Portfolio) 3,10% - 3,93% no

Contracts with Balloon Rates (applicable for Total Portfolio) - 42,00% 39,51% no

Remaining Term (applicable for Total Portfolio) - 62,50 46,72 no

Loans with Original Term of more than 90 months (applicable for Total Portfolio) - 30,00% 22,93% no

Early Amortisation Events Maximum-Trigger Current Value Trigger Breach

Cumulative Loss Ratio

- prior to or on 30 June 2017 0,75% - -

- prior to or on 30 June 2018 1,20% 0,09% no



Purchase Shortfall Event no

Period before previous period 5,63 €

Previous period 4,12 €

Current period 4,54 €

Principal Deficiency Event no


Santander-Platz 1




Period No 15

6. Outstanding Notes Monthly Period Okt 2017



1. Note Balance All notes Class A Class BGeneral Note Information

ISIN Code XS1446535053 XS1446535301

Currency EUR EUR

Initial Tranching in % 96,00% 4,00%

Legal Maturity Jul 2032 Jul 2032

Expected Maturity Mrz 2024 Mrz 2024

Original Rating (DBRS / S&P) A(sf) / A(sf) Not rated

Current Rating (DBRS / S&P)* A(sf) / A(sf) Not rated

Initial Notes Aggregate Principal Outstanding Balance 1.500.000.000,00 € 1.440.000.000,00 € 60.000.000,00 €

Initial Nominal per Note 100.000,00 € 100.000,00 €

Initial Number of Notes per Class 14.400 600

Current Note Information

Class Principal Outstanding Balance Beginning of Period 1.500.000.000,00 € 1.440.000.000,00 € 60.000.000,00 €

Available Distribution Amount 67.043.517,16 €

Replenishment 45.836.722,05 €

Amortisation 0,00 €

Redemption per Class 0,00 € 0,00 € 0,00 €

Redemption per Note 0,00 € 0,00 €

Class Principal Outstanding Balance End of Period 1.500.000.000,00 € 1.440.000.000,00 € 60.000.000,00 €

Current Tranching 96,00% 4,00%

Current Pool Factor 1,00 1,00

2. Payments to Investors per Note All notes Class A Class B Interest Rate Basis: Fixed 1,072% 2,277%

DayCount Convention act/360 act/360

Interest Days 30

Principal Outstanding per Note Beginning of Period 100.000,00 € 100.000,00 €

> Principal Repayment per Note 0,00 € 0,00 €

Principal Outstanding per Note End of Period 100.000,00 € 100.000,00 €

> Interest accrued for the period 1.286.352,00 € 113.850,00 €

Interest Payment 1.286.352,00 € 113.850,00 €

Interest Payment per Note 89,33 € 189,75 €

3. Credit Enhancements Class A Class B Initial total CE (Subordination, Reserve) 5,00% 1,00%

Current CE (incl. Excess Spread) 7,81% 3,81%

Current CE (excl. Excess Spread) 5,00% 1,00%


Santander-Platz 1




Period No 15

7. Original Principal Balance Monthly Period Okt 2017



Original Principal Balance

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of

Total Balance Number of Loans

Percentage of Total

Loans

0: 999 25.146,66 0,00% 28 0,02%

1000: 1999 824.990,78 0,04% 505 0,34%

2000: 2999 5.251.314,11 0,25% 2.057 1,37%

3000: 3999 14.365.734,71 0,69% 4.100 2,74%

4000: 4999 26.606.476,86 1,28% 5.904 3,94%

5000: 5999 39.695.274,85 1,91% 7.234 4,83%

6000: 6999 51.425.479,91 2,47% 7.900 5,28%

7000: 7999 61.755.111,42 2,97% 8.223 5,49%

8000: 8999 72.208.459,40 3,47% 8.492 5,67%

9000: 9999 78.601.439,85 3,78% 8.269 5,52%

10000:10999 101.218.601,74 4,86% 9.646 6,44%

11000:11999 97.797.979,95 4,70% 8.499 5,68%

12000:12999 101.222.891,71 4,86% 8.100 5,41%

13000:13999 103.887.472,56 4,99% 7.699 5,14%

14000:14999 99.323.851,52 4,77% 6.847 4,57%

15000:15999 103.347.014,26 4,97% 6.672 4,46%

16000:16999 100.683.074,75 4,84% 6.107 4,08%

17000:17999 94.788.958,74 4,55% 5.419 3,62%

18000:18999 91.327.754,44 4,39% 4.939 3,30%

19000:19999 84.970.058,06 4,08% 4.360 2,91%

20000:20999 81.113.801,71 3,90% 3.963 2,65%

21000:21999 76.929.749,38 3,70% 3.582 2,39%

22000:22999 70.681.487,83 3,40% 3.143 2,10%

23000:23999 61.512.393,66 2,96% 2.618 1,75%

24000:24999 57.180.804,79 2,75% 2.334 1,56%

25000:25999 49.977.475,26 2,40% 1.961 1,31%

26000:26999 46.652.012,35 2,24% 1.762 1,18%

27000:27999 41.502.359,73 1,99% 1.510 1,01%

28000:28999 35.469.013,50 1,70% 1.245 0,83%

29000:29999 30.223.121,13 1,45% 1.025 0,68%

30000:30999 25.318.890,75 1,22% 831 0,56%

31000:31999 24.784.997,58 1,19% 787 0,53%

32000:32999 20.414.525,28 0,98% 628 0,42%

33000:33999 17.314.779,82 0,83% 517 0,35%

34000:34999 14.527.148,92 0,70% 421 0,28%

35000:35999 12.908.009,26 0,62% 364 0,24%

36000:36999 11.347.446,36 0,55% 311 0,21%

37000:37999 10.193.303,55 0,49% 272 0,18%

38000:38999 8.202.250,07 0,39% 213 0,14%

39000:39999 6.349.377,36 0,31% 161 0,11%

40000:40999 6.390.770,09 0,31% 158 0,11%

41000:41999 4.151.173,60 0,20% 100 0,07%

42000:42999 5.225.670,93 0,25% 123 0,08%

43000:43999 3.259.542,31 0,16% 75 0,05%

44000:44999 3.428.848,20 0,16% 77 0,05%

45000:45999 3.774.506,45 0,18% 83 0,06%

46000:46999 2.837.019,03 0,14% 61 0,04%

47000:47999 2.329.096,89 0,11% 49 0,03%

48000:48999 2.376.060,57 0,11% 49 0,03%

49000:49999 1.636.205,16 0,08% 33 0,02%

50000:50999 1.715.266,35 0,08% 34 0,02%

51000:51999 1.029.724,27 0,05% 20 0,01%

52000:52999 736.400,36 0,04% 14 0,01%

53000:53999 907.106,10 0,04% 17 0,01%

54000:54999 815.275,01 0,04% 15 0,01%

55000:55999 885.643,40 0,04% 16 0,01%

56000:56999 507.618,48 0,02% 9 0,01%

57000:57999 516.372,30 0,02% 9 0,01%

58000:58999 408.851,22 0,02% 7 0,00%

59000:59999 537.695,54 0,03% 9 0,01%

60000:60000 240.000,00 0,01% 4 0,00%60001: 5.819.714,40 0,28% 81 0,05%

Total 2.081.458.595,23 100,00% 149.691 100,00%

Statistics in EUR

Average Amount 13.905,04


Santander-Platz 1




Period No 15

7.1 Original PB (Graph) Monthly Period Okt 2017



0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

Ori

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cip

al B

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Santander-Platz 1




Period No 15

8. Current Principal Balance Monthly Period Okt 2017



Current Principal Balance

(Ranges in EUR)

Current Principal

Balance in EUR

Percentage of


Percentage of

Total Loans

0: 999 2.309.113,35 0,15% 4.963 3,32%

1000: 1999 10.325.487,68 0,69% 6.820 4,56%

2000: 2999 20.636.481,85 1,38% 8.226 5,50%

3000: 3999 31.823.474,93 2,12% 9.069 6,06%

4000: 4999 43.167.375,73 2,88% 9.596 6,41%

5000: 5999 52.134.482,28 3,48% 9.477 6,33%

6000: 6999 62.515.101,97 4,17% 9.612 6,42%

7000: 7999 71.078.757,97 4,74% 9.475 6,33%

8000: 8999 78.203.604,06 5,21% 9.202 6,15%

9000: 9999 84.200.879,20 5,61% 8.868 5,92%

10000:10999 85.305.042,50 5,69% 8.132 5,43%

11000:11999 86.113.780,31 5,74% 7.495 5,01%

12000:12999 83.697.168,32 5,58% 6.698 4,47%

13000:13999 82.106.193,84 5,47% 6.087 4,07%

14000:14999 77.981.688,24 5,20% 5.380 3,59%

15000:15999 72.539.135,13 4,84% 4.684 3,13%

16000:16999 66.936.665,06 4,46% 4.060 2,71%

17000:17999 61.468.722,09 4,10% 3.515 2,35%

18000:18999 56.388.474,23 3,76% 3.052 2,04%

19000:19999 51.001.463,35 3,40% 2.618 1,75%

20000:20999 46.297.091,33 3,09% 2.259 1,51%

21000:21999 37.060.477,10 2,47% 1.725 1,15%

22000:22999 35.327.284,32 2,36% 1.572 1,05%

23000:23999 28.767.714,63 1,92% 1.224 0,82%

24000:24999 25.777.607,30 1,72% 1.053 0,70%

25000:25999 21.850.384,81 1,46% 858 0,57%

26000:26999 17.790.368,96 1,19% 672 0,45%

27000:27999 16.324.128,64 1,09% 594 0,40%

28000:28999 14.039.964,79 0,94% 493 0,33%

29000:29999 10.489.012,46 0,70% 356 0,24%

30000:30999 10.234.700,44 0,68% 336 0,22%

31000:31999 8.461.960,40 0,56% 269 0,18%

32000:32999 6.824.595,13 0,45% 210 0,14%

33000:33999 5.693.284,80 0,38% 170 0,11%

34000:34999 5.099.730,66 0,34% 148 0,10%

35000:35999 4.436.333,80 0,30% 125 0,08%

36000:36999 3.574.051,93 0,24% 98 0,07%

37000:37999 2.996.770,05 0,20% 80 0,05%

38000:38999 2.576.182,32 0,17% 67 0,04%

39000:39999 2.209.327,75 0,15% 56 0,04%

40000:40999 1.581.890,31 0,11% 39 0,03%

41000:41999 1.533.169,48 0,10% 37 0,02%

42000:42999 1.357.142,54 0,09% 32 0,02%

43000:43999 1.089.419,02 0,07% 25 0,02%

44000:44999 1.111.246,91 0,07% 25 0,02%

45000:45999 500.070,25 0,03% 11 0,01%

46000:46999 324.941,34 0,02% 7 0,00%

47000:47999 1.045.067,22 0,07% 22 0,01%

48000:48999 484.694,92 0,03% 10 0,01%

49000:49999 395.924,92 0,03% 8 0,01%

50000:50999 352.396,85 0,02% 7 0,00%

51000:51999 359.364,01 0,02% 7 0,00%

52000:52999 420.116,83 0,03% 8 0,01%

53000:53999 426.903,83 0,03% 8 0,01%

54000:54999 217.284,26 0,01% 4 0,00%

55000:55999 277.535,78 0,02% 5 0,00%

56000:56999 451.669,43 0,03% 8 0,01%

57000:57999 230.330,95 0,02% 4 0,00%

58000:58999 176.128,15 0,01% 3 0,00%

59000:59999 59.235,75 0,00% 1 0,00%60001: 1.841.402,52 0,12% 26 0,02%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Statistics in EUR

Average Amount 10.020,64


Santander-Platz 1




Period No 15

8.1 Current PB (Graph) Monthly Period Okt 2017



0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

70.000.000

80.000.000

90.000.000

100.000.000

Cu

rre

nt

Pri

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ipa

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ala

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Santander-Platz 1




Period No 15

9. Borrower Concentration Monthly Period Okt 2017



No

Current Principal

Balance in EUR

Percentage of

Balance Number of Loans

1 98.755,65 0,0066% 1

2 91.615,25 0,0061% 1

3 84.900,26 0,0057% 1

4 79.736,23 0,0053% 1

5 79.162,11 0,0053% 1

6 78.351,04 0,0052% 1

7 78.226,55 0,0052% 1

8 75.320,33 0,0050% 1

9 74.356,56 0,0050% 1

10 73.773,42 0,0049% 1

11 72.843,47 0,0049% 1

12 70.657,22 0,0047% 1

13 68.784,93 0,0046% 1

14 68.020,15 0,0045% 1

15 67.063,85 0,0045% 1

16 65.295,65 0,0044% 1

17 65.271,98 0,0044% 1

18 62.413,94 0,0042% 1

19 61.982,36 0,0041% 1

20 61.748,65 0,0041% 1

21 61.107,30 0,0041% 1

22 60.904,81 0,0041% 1

23 60.604,67 0,0040% 1

24 60.352,29 0,0040% 1

25 60.117,04 0,0040% 1

1.781.365,71 0,1188% 25


Santander-Platz 1




Period No 15

10. Geographical Distribution Monthly Period Okt 2017



State

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Baden-Wuerttemberg 149.659.013,07 9,98% 14.516 9,70%

Bavaria 160.447.690,62 10,70% 15.247 10,19%

Berlin 26.834.470,08 1,79% 2.821 1,88%

Brandenburg 85.251.480,03 5,68% 8.685 5,80%

Bremen 8.232.063,75 0,55% 858 0,57%

Hamburg 15.556.023,07 1,04% 1.516 1,01%

Hesse 94.040.505,32 6,27% 9.186 6,14%

Lower Saxony 158.899.332,12 10,59% 15.901 10,62%

Mecklenburg-Western Pomerania 71.004.648,97 4,73% 7.300 4,88%

North Rhine-Westphalia 282.053.123,74 18,80% 28.302 18,91%

Rhineland-Palatinate 69.019.694,38 4,60% 6.698 4,47%

Saarland 20.014.995,73 1,33% 1.931 1,29%

Saxonia 102.026.441,06 6,80% 10.968 7,33%

Saxony-Anhalt 111.017.458,71 7,40% 11.101 7,42%

Schleswig-Holstein 54.388.177,42 3,63% 5.681 3,80%

Thuringia 88.989.953,82 5,93% 8.719 5,82%

n/a 2.564.927,09 0,17% 261,00 0,17%

Total 1.499.999.998,98 100,00% 149.691 100,00%


Santander-Platz 1




Period No 15

10.1 Geographical Distribution (Graph) Monthly Period Okt 2017



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

Cu

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Bala

nce


Santander-Platz 1




Period No 15

11. Object/Vehicle Type Monthly Period Okt 2017



Vehicle Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

New =<90 424.045.695,29 28,27% 36.643 24,48%New >90 128.242.810,15 8,55% 8.887 5,94%

New Vehicle 552.288.505,44 36,82% 45.530 30,42%

Used =<90 731.999.533,49 48,80% 88.382 59,04%Used >90 215.711.960,05 14,38% 15.779 10,54%

Used Vehicle 947.711.493,54 63,18% 104.161 69,58%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Object Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Car 1.457.243.686,14 97,15% 143.734 96,02%

Motorbike 21.596.788,60 1,44% 4.471 2,99%Leisure 21.159.524,24 1,41% 1486 0,99%

Total 1.499.999.998,98 100,00% 149.691 100,00%


Santander-Platz 1




Period No 15

12. Insurances Monthly Period Okt 2017



Payment Protection

Insurance

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 458.090.172,78 30,54% 45.536 30,42%Yes 1.041.909.826,20 69,46% 104.155 69,58%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Gap Insurance

(Santander Safe)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 1.008.612.281,06 67,24% 105.939 70,77%Yes 491.387.717,92 32,76% 43.752 29,23%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Repair Cost Insurance

(Santander AutoCare)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 1.357.399.535,65 90,49% 135.738 90,68%Yes 142.600.463,33 9,51% 13.953 9,32%

Total 1.499.999.998,98 100,00% 149.691 100,00%


Santander-Platz 1




Period No 15

13. Type of Contract Monthly Period Okt 2017



Contracts w/Balloon Payments

Current Principal Balance

in EUR

Percentage of Total


Percentage of Total

Loans

No 907.305.841,02 60,49% 106.060 70,85%

Yes 592.694.157,96 39,51% 43.631 29,15%

- of which balloon rates 334.257.088,32 22,28%

- of which regular installments 258.437.069,64 17,23%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Balloon Loans - Original Term in

months

Balloon Rates

in EUR

Balloon Rates in % of

Total Balloon Rates

Number of Balloon

Loans

Percentage of Total

Balloon Loans

0:12 131.437,20 0,04% 13 0,03%

13:25 5.333.209,36 1,60% 695 1,59%

26:38 32.919.489,55 9,85% 4.332 9,93%

39:51 106.987.164,68 32,01% 13.376 30,66%

52:64 188.534.301,64 56,40% 25.194 57,74%

65:72 219.699,69 0,07% 14 0,03%73: 131.786,20 0,04% 7 0,02%

Total 334.257.088,32 100,00% 43.631 100,00%

Balloon Loans - Remaining

Term in months

Balloon Rates

in EUR

Balloon Rates in % of

Total Balloon Rates

Number of Balloon

Loans

Percentage of Total

Balloon Loans

0:12 27.229.631,37 8,15% 3.675 8,42%

13:25 65.949.257,87 19,73% 8.681 19,90%

26:38 122.178.023,73 36,55% 15.932 36,52%

39:51 102.654.644,79 30,71% 13.331 30,55%

52:64 16.196.736,36 4,85% 2.009 4,60%

65:72 17.954,65 0,01% 1 0,00%73: 30.839,55 0,01% 2 0,00%

Total 334.257.088,32 100,00% 43.631 100,00%


Santander-Platz 1




Period No 15

14. Payment Methods Monthly Period Okt 2017



Payment Method

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Direct Debit 1.491.335.566,27 99,42% 148.764 99,38%Other 8.664.432,71 0,58% 927 0,62%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Cycle of Payment

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

15th of month 682.494.820,04 45,50% 68.558 45,80%1st of month 817.505.178,94 54,50% 81.133 54,20%

Total 1.499.999.998,98 100,00% 149.691 100,00%


Santander-Platz 1




Period No 15

15. Downpayment Monthly Period Okt 2017



Downpayment

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of


Percentage of Total

Loans

Downpayment /

Purchase Price in %

No Downpayment 560.834.334,12 37,39% 49.597 33,13% 0,00%

0: 999 54.965.065,76 3,66% 7.007 4,68% 5,12%

1000: 1999 120.795.089,01 8,05% 14.430 9,64% 10,60%

2000: 2999 138.850.919,83 9,26% 15.184 10,14% 16,00%

3000: 3999 119.280.727,97 7,95% 12.538 8,38% 20,80%

4000: 4999 89.636.711,39 5,98% 9.274 6,20% 25,16%

5000: 5999 107.235.969,20 7,15% 10.441 6,98% 27,95%

6000: 6999 60.518.044,81 4,03% 6.216 4,15% 32,81%

7000: 7999 48.562.492,14 3,24% 4.901 3,27% 35,81%

8000: 8999 39.192.490,44 2,61% 4.086 2,73% 38,97%

9000: 9999 21.539.444,71 1,44% 2.267 1,51% 42,24%

10000:10999 47.322.660,34 3,15% 4.515 3,02% 41,94%

11000:11999 14.659.567,76 0,98% 1.523 1,02% 46,37%

12000:12999 14.870.125,19 0,99% 1.599 1,07% 49,01%

13000:13999 9.895.937,36 0,66% 1.044 0,70% 50,98%

14000:14999 8.052.202,11 0,54% 870 0,58% 52,73%

15000:15999 13.384.849,77 0,89% 1.296 0,87% 51,98%

16000:16999 4.948.573,17 0,33% 522 0,35% 55,17%

17000:17999 4.039.894,84 0,27% 425 0,28% 56,80%

18000:18999 3.133.508,74 0,21% 345 0,23% 58,99%

19000:19999 1.817.613,90 0,12% 202 0,13% 59,92%

20000:20000 4.879.109,00 0,33% 404 0,27% 55,15%20001: 11.584.667,42 0,77% 1.005 0,67% 62,41%

Total 1.499.999.998,98 100,00% 149.691 100,00% 20,79%

Downpayment and

Purchase Price All Contracts

Contracts with

Downpayment

Average downpayment 3.393,51 € 5.075,02 €

Average Purchase Price 16.324,98 € 17.347,36 €

Mimimum Downpayment 100,00 €

Maximum Downpayment 85.000,00 €

Downpayment in % 20,79% 29,26%


Santander-Platz 1




Period No 15

16. Customer Yield Monthly Period Okt 2017



Yield Range*

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 0 648.872,93 0,04% 51 0,03%

1: 1 127.288.007,28 8,49% 9.749 6,51%

2: 2 302.779.523,34 20,19% 25.048 16,73%

3: 3 610.875.525,27 40,73% 56.488 37,74%

4: 4 291.023.667,38 19,40% 33.013 22,05%

5: 5 106.379.533,87 7,09% 15.220 10,17%

6: 6 40.089.692,52 2,67% 6.459 4,31%

7: 7 12.494.486,24 0,83% 2.218 1,48%

8: 8 5.446.402,62 0,36% 898 0,60%

9: 9 2.325.593,08 0,16% 435 0,29%

10:10 502.131,14 0,03% 89 0,06%11:11 146.563,31 0,01% 23 0,02%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Statistics in %

WA Interest 3,93%

*runs from .00 to .99


Santander-Platz 1




Period No 15

16.1 Customer Yield (Graph) Monthly Period Okt 2017



*runs from .00 to .99

0

100.000.000

200.000.000

300.000.000

400.000.000

500.000.000

600.000.000

700.000.000

0: 0 1: 1 2: 2 3: 3 4: 4 5: 5 6: 6 7: 7 8: 8 9: 9 10:10 11:11

Cu

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Bala

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Yield Range*


Santander-Platz 1




Period No 15

17. Seasoning Monthly Period Okt 2017



Seasoning in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 2 4.102.656,77 0,27% 294 0,20%

3: 5 50.617.797,78 3,37% 3.842 2,57%

6: 8 77.767.200,80 5,18% 6.225 4,16%

9:11 72.329.748,54 4,82% 5.912 3,95%

12:14 98.114.439,22 6,54% 8.537 5,70%

15:17 164.847.329,55 10,99% 14.705 9,82%

18:20 327.621.462,31 21,84% 31.264 20,89%

21:23 166.004.929,19 11,07% 16.557 11,06%

24:26 169.419.782,83 11,29% 17.770 11,87%

27:29 123.993.941,92 8,27% 13.464 8,99%

30:32 80.307.603,99 5,35% 9.238 6,17%

33:35 46.951.747,27 3,13% 5.653 3,78%

36:38 46.363.724,51 3,09% 5.727 3,83%

39:41 25.195.017,83 1,68% 3.070 2,05%

42:44 11.337.336,05 0,76% 1.464 0,98%

45:47 5.422.883,38 0,36% 724 0,48%

48:50 5.147.376,08 0,34% 668 0,45%

51:53 6.292.513,55 0,42% 977 0,65%

54:56 3.837.751,09 0,26% 664 0,44%

57:59 2.179.954,19 0,15% 384 0,26%

60:62 2.776.357,84 0,19% 469 0,31%

63:65 2.895.107,88 0,19% 497 0,33%

66:68 2.072.282,98 0,14% 415 0,28%

69:71 906.820,23 0,06% 182 0,12%

72:74 511.392,46 0,03% 123 0,08%

75:77 1.100.065,32 0,07% 251 0,17%

78:80 862.395,73 0,06% 223 0,15%81: 1.020.379,69 0,07% 392 0,26%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Statistics

WA Seasoning 21,51


Santander-Platz 1




Period No 15

17.1 Seasoning (Graph) Monthly Period Okt 2017



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

350.000.000

0: 2 3: 5 6: 8 9:11 12:14 15:17 18:20 21:23 24:26 27:29 30:32 33:35 36:38 39:41 42:44 45:47 48:50 51:53 54:56 57:59 60:62 63:65 66:68 69:71 72:74 75:77 78:80 81:

Cu

rren

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Bala

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Seasoning in Months


Santander-Platz 1




Period No 15

18. Remaining Term Monthly Period Okt 2017



Remaining Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 6 14.870.459,75 0,99% 6.667 4,45%

7: 13 42.645.824,95 2,84% 10.373 6,93%

14: 20 79.165.565,48 5,28% 13.868 9,26%

21: 27 111.752.792,65 7,45% 14.790 9,88%

28: 34 194.453.638,12 12,96% 20.824 13,91%

35: 41 226.314.223,23 15,09% 20.632 13,78%

42: 48 210.873.538,55 14,06% 18.051 12,06%

49: 55 132.695.779,00 8,85% 10.968 7,33%

56: 62 109.329.074,48 7,29% 8.816 5,89%

63: 69 130.198.735,17 8,68% 9.542 6,37%

70: 76 99.094.907,81 6,61% 6.477 4,33%

77: 83 95.962.360,86 6,40% 5.792 3,87%

84: 90 39.373.392,00 2,62% 2.198 1,47%

91: 97 11.649.766,48 0,78% 623 0,42%

98:104 1.360.847,38 0,09% 59 0,04%105:107 259.093,07 0,02% 11 0,01%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Statistics

WA Remaining Term 46,72


Santander-Platz 1




Period No 15

18.1 Remaining Term (Graph) Monthly Period Okt 2017



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

0: 6 7: 13 14: 20 21: 27 28: 34 35: 41 42: 48 49: 55 56: 62 63: 69 70: 76 77: 83 84: 90 91: 97 98:104 105:107

Cu

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Bala

nce

Remaining Term in Months


Santander-Platz 1




Period No 15

19. Original Term Monthly Period Okt 2017



Original Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 12 372.070,84 0,02% 191 0,13%

13: 25 14.866.543,36 0,99% 5.676 3,79%

26: 38 88.166.231,40 5,88% 18.102 12,09%

39: 51 255.581.115,98 17,04% 29.750 19,87%

52: 64 520.996.795,76 34,73% 46.279 30,92%

65: 77 138.770.232,10 9,25% 14.387 9,61%

78: 90 137.292.239,34 9,15% 10.640 7,11%

91:103 332.823.031,40 22,19% 24.096 16,10%

104:104 137.279,06 0,01% 8 0,01%

105: 10.994.459,74 0,73% 562 0,38%

Total 1.499.999.998,98 100,00% 149.691 100,00%

Statistics

WA Original Term 68,23


Santander-Platz 1




Period No 15

19.1 Original Term (Graph) Monthly Period Okt 2017



0

100.000.000

200.000.000

300.000.000

400.000.000

500.000.000

600.000.000

0: 12 13: 25 26: 38 39: 51 52: 64 65: 77 78: 90 91:103 104:104 105:

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Original Term in Months


Santander-Platz 1




Period No 15

20. Manufacturer Brands Monthly Period Okt 2017



Manufacturer

brands

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

1 162.249.879,07 10,82% 13.073 8,73%

2 143.572.485,84 9,57% 14.944 9,98%

3 142.544.018,67 9,50% 14.534 9,71%

4 135.955.808,66 9,06% 15.435 10,31%

5 116.608.573,11 7,77% 9.451 6,31%

6 113.962.886,43 7,60% 10.588 7,07%

7 70.871.331,13 4,72% 6.272 4,19%

8 59.972.619,88 4,00% 5.203 3,48%

9 58.100.206,66 3,87% 5.626 3,76%

10 57.994.896,14 3,87% 6.192 4,14%

11 50.727.022,06 3,38% 5.052 3,37%

12 38.986.960,04 2,60% 3.742 2,50%

13 35.503.095,17 2,37% 4.163 2,78%

14 33.031.674,10 2,20% 4.193 2,80%

15 31.672.722,99 2,11% 2.333 1,56%

1.251.754.179,95 83,45% 120.801 80,70%

TOP 15 manufacturer brands in alphabetical order:

Audi, BMW, Citroen, Ford, Hyundai, Kia, Mazda, Mercedes, Nissan, Opel, Renault, SEAT (E), Skoda, Volvo, VW


Santander-Platz 1




Period No 15

21. Priority of Payments + Transaction Costs Monthly Period Okt 2017



Priority of Payments

Available Distribution Amount 67.043.517,16 €

Senior Expenses - 6.746,12 €

Interest Notes Class A - 1.286.352,00 €

Interest Notes Class B - 113.850,00 €

Replenishment - 45.836.722,05 €

Payments to Purchase Shortfall Account - 1,02 €

Payments to Reserve Fund - 15.000.000,00 €

Principal Payments Class A - - €

Principal Payments Class B - - €

Payments to Commingling Reserve Ledger - n/a Payments to Set-Off Reserve Ledger - n/a

Interest Subordinated Loan - 35.962,50 €

Principal Payments Subordinated Loan - - €

Payments to Seller = 4.763.883,47 €

Transaction Costs All notes Class A Class B Senior Expenses 6.746,12 €-

Interest accrued for the Period 1.400.202,00 €- 1.286.352,00 €- 113.850,00 €-

Cumulative Interest accrued 20.630.400,00 €- 18.952.992,00 €- 1.677.408,00 €-

Interest Payments 1.400.202,00 €- 1.286.352,00 €- 113.850,00 €-

Cumulative Interest Payments 20.630.400,00 €- 18.952.992,00 €- 1.677.408,00 €-

Interest accrued on Subordinated Loan for the Period 35.962,50 €-

Cumulative Interest accrued on Subordinated Loan 529.847,50 €-

Interest Payments on Subordinated Loan 35.962,50 €-

Cumulative Interest Payments on Subordinated Loan 529.847,50 €-

Unpaid Interest for the Period - €

Cumulative Unpaid Interest - €


Santander-Platz 1




Period No 15

22. Retention Monthly Period 13.10.2017



1.499.999.950,68 €

1.499.999.995,46 €

1.499.999.998,98 €

15.000.000,00 €

15.000.000,00 €

15.000.000,00 €

60.000.000,00 €

60.000.000,00 €

60.000.000,00 €

5,00%

5,00%

5,00%Net Economic Interest Ratio as of the end of the Monthly Period:

Santander Consumer Bank AG confirms its compliance to have continuously retained a net economic interest in the SC Germany Auto 2016-2 securitisation transaction of at least 5% of the

securitised Purchased Receivables pursuant to Art. 405 of the CRR (Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013) by retaining the regulatory first

loss tranche which is represented by the Subordinated Loan of at least 1% and by retaining the regulatory second loss tranche which is represented by the Class B Notes of at least 4,0%.

Outstanding Balance of the Class B Notes as of the Offer Date:

Outstanding Balance of the Class B Notes as of the beginning of the Monthly Period:

Outstanding Balance of the Class B Notes of the end of the Monthly Period:

Net Economic Interest Ratio as of Offer Date:

Net Economic Interest Ratio as of the beginning of the Monthly Period:

Outstanding Principal Balance of Purchased Receivables as of the end of the Monthly Period:

Outstanding Principal Balance of the Subordinated Loan as of the Offer Date:

Outstanding Principal Balance of the Subordinated Loan as of the beginning of the Monthly Period:

Outstanding Principal Balance of the Subordinated Loan as of the end of the Monthly Period:

Outstanding Principal Balance of Purchased Receivables as of the Offer Date:

Outstanding Principal Balance of Purchased Receivables as of the beginning of the Monthly Period:


Santander-Platz 1


SC Germany Auto 2016-2 10.10.2017

Monthly Investor Report 13.10.2017

15

23. Counterparties Okt 2017

from 13.09.2017 to 13.10.2017 = 30 days

from 01.09.2017 to 30.09.2017

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

Counterpart

y status

Calculation Agent, Cash Administrator and Principal

Paying Agent: Bank of New York MellonAA R-1H STABLE AA- A-1+ STABLE

performing

One Canada Square

eMail: [email protected] London, E14 5 AL

Phone: +49 69 12014 1772 United Kingdom

Account Bank: Banco Santander S.A. A R-1L STABLE A- A-2 STABLE performing

Bockenheimer Landstraße 39

eMail: [email protected] 60325 Frankfurt am Main

Phone: +49 (0) 6959676 408 Germany

Transaction Security Trustee: Intertrust Trustees Limited - - - - - - performing

35 Great St. Helen's

[email protected] London EC3A 6AP

Phone: +44 (0) 20 7398 6324 United Kingdom

Data Trustee: Intertrust (Deutschland) GmbH - - - - - - performing

Grüneburgweg 58-62

[email protected] 60322 Frankfurt am Main

Phone: +49 (0) 69 643 50 8904 Germany

Rating Agencies: DBRS Ratings Ltd. Standard & Poor's Ratings Services

Structured Finance Structured Finance

1 Minister Court, 10th floor, Mincing Lane 20 Canada Square

EC3R 7 AA London E14 5LH London

United Kingom United Kingdom

Ratings as of 30.09.2017, data source: Bloomberg

DBRS S & P

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

Collection Period


Santander-Platz 1


mailto:[email protected]






Period No 15

24. Issuer Information Monthly Period Okt 2017



Deal Name: SC Germany Auto 2016-2

Issuer: SC Germany Auto 2016-2 UG (haftungsbeschränkt)

The Managing Directors

Grüneburgweg 58-62

60322 Frankfurt am Main

Germany

eMail [email protected]

fax +49 (0) 69 643 50 8925

Seller of the Receivables: Santander Consumer Bank AG

Servicer Name: Santander Consumer Bank AG

Reporting Entity: Santander Consumer Bank AG

Capital Markets

Santander-Platz 1

41061 MönchengladbachGermany


fax +49 69 643 50 8925

SPV-Administrator: Intertrust (Deutschland) GmbH

Grüneburgweg 58-62

60322 Frankfurt am Main

Germany


fax +49 (0) 69 643 50 8925


Santander-Platz 1


SC Germany Auto 2016-2 10.10.2017

Monthly Investor Report 13.10.2017

15

25. Santander Consumer Bank Okt 2017

from 13.09.2017 to 13.10.2017 = 30 days

from 01.09.2017 to 30.09.2017

Contact DetailsCapital Markets

Peter René Müller +49-2161-690-7337 [email protected]

Ralf Schüring +49-2161-690-5464 [email protected]

Bastian Menges +49-2161-690-7085 [email protected]

Stefan Zilligen +49-2161-690-6069 [email protected]

Tobias Daners +49-2161-690-7410 [email protected]

Ronja Dahmen +49-2161-690-9453 [email protected]

Team ABS [email protected]

Ratings Santander

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

A R-1L STABLE A- A-2 STABLE

- - - BBB+ A-2 STABLE

- - - BBB+ A-2 STABLE

Ratings as of 30.09.2017, data source: Bloomberg


S&PDBRS

Banco Santander S.A.

Santander Consumer Finance S.A.

Collection Period

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period


Santander-Platz 1







SC Germany Auto 2016-2 Monthly Investor Report · Initial Number of Notes per Class 14.400 600...

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