SC Germany Consumer 2016-1 Monthly Investor Report
Transcript of SC Germany Consumer 2016-1 Monthly Investor Report
SC Germany Consumer 2016-1
Monthly Investor Report
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
Cover Sheet Monthly Investor Report Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Index Page
1. Portfolio Information 1
2. Reserve Accounts 2
3. Performance Data 3
4. Concentration Limits 4
5. Outstanding Notes 5
6. Original Principal Balance 6
6.1 Original PB (Graph) 7
7. Current Principal Balance 8
7.1 Current PB (Graph) 9
8. Borrower Concentration 10
9. Geographical Distribution 11
9.1 Geographical (Graph) 12
10. Collateral 13
11. Insurances 14
12. Payment Methods 15
13. Effective Interest Rate 16
13.1 Effective Interest Rate (Graph) 17
14. Seasoning 18
14.1 Seasoning (Graph) 19
15. Remaining Term 20
15.1 Remaining Term (Graph) 21
16. Original Term 22
16.1 Original Term (Graph) 23
17. Loan Concentration 24
18. Priority of Payments + Transaction Costs 25
19. Swap Counterparty Data 26
20. Retention 27
21. Conterparties 28
22. Issuer Information 29
23. Santander Consumer Bank 30
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
1. Portfolio Information Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
current period previous period
Outstanding ReceivablesNo. of
Contracts
Aggregate Outstanding
Principal Amount
Aggregate Outstanding
Principal Amount
Beginning of Period 18.496 111.826.718,72 € 118.275.646,45 €
Scheduled Principal Payments 4.212.289,79 €
Prepayment Principal 2.339.410,60 €
Total Principal Collections 6.551.700,39 € 6.256.883,71 €
Total Interest Collections 586.792,99 € 621.769,54 €
Defaults 269.930,22 € 192.044,02 €
Replenishment Amount - € - €
End of Period 17.778 105.005.088,11 € 111.826.718,72 €
Purchase Shortfall Amount 3,57 € 2,88 €
Total Assets (End of Period) 105.005.091,68 € 111.826.721,60 €
Current Prepayment Rate (annualised) 22,4%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
2. Reserve Accounts Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Note BalanceBeginning of Period 111.826.721,60 €
End of Period 105.005.091,68 €
Reserve AccountsLiquidity Reserve in % Trigger Event y/n
Beginning of Period 0,7% 750.000,00 €
Cash Outflow - €
Cash Inflow - €
End of Period 0,7% 750.000,00 €
Required Liquidity Reserve Fund 0,7% 750.000,00 €
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 in %
Beginning of Period n/a no
Cash Outflow n/a
Cash Inflow n/a
End of Period n/a
Required Set-Off Reserve Fund n/a
Current Set-Off Amount n/a
Set-Off Amount (per Loan) n/a
Set-Off Amount (in % of Outstanding Balance) n/a
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
3. Performance Data Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Note BalanceBeginning of Period 111.826.721,60 €
End of Period 105.005.091,68 €
Delinquency Data and Ratios3-MRA* /
current ratioAmount at risk Overdue amount
Number of
Loans
3-MRA* 31- 60 days past due 0,97%
31- 60 days past due period before previous period 1.096.143,63 € 47.933,88 € 125
31- 60 days past due previous period 1.008.265,48 € 48.785,44 € 123
31- 60 days past due current period 1,03% 1.153.043,48 € 57.412,81 € 132
3-MRA* 61-90 days past due 0,37%
61- 90 days past due period before previous period 452.949,76 € 39.521,16 € 65
61- 90 days past due previous period 350.102,10 € 28.924,48 € 47
61- 90 days past due current period 0,39% 437.434,92 € 35.643,44 € 56
3-MRA* 91-120 days past due 0,26%
91- 120 days past due period before previous period 424.636,75 € 40.332,88 € 46
91- 120 days past due previous period 228.415,84 € 30.319,80 € 34
91- 120 days past due current period 0,20% 225.351,94 € 23.914,34 € 23
Default Data and Ratios Amount Number of Loans
Current Default
Current Period Gross Default 269.930,22 €
Current Period Recoveries 154.025,72 €
Current Period Net Default 115.904,50 €
New Number of Defaulted Contracts 16
Cumulative Default
Cumulative Gross Default 32.808.385,43 €
Cumulative Recoveries 4.476.640,61 €
Cumulative Net Default 28.331.744,82 €
Total Number of Defaulted Contracts 2.524
3-MRA* /
current ratioRatio
3-MRA* Annualised Loss Ratio (Neue Rechtsakten) 1,92%
Annualised Loss Ratio period before previous period 4,33%
Annualised Loss Ratio previous period 0,19%
Annualised Loss Ratio current period 1,24% 1,24%
Principial Deficiency
Principial Deficiency period before previous period 153.153,16 €-
Principial Deficiency previous period 0,00 €
Principial Deficiency current period 0,00 €
* 3-MRA stands for three months rolling average
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
4. Concentration Limits Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Current Transaction Status Amortizing
Portfolio Concentrations Minimum-Trigger Maximum-Trigger Current Value Trigger Breach
Average Yield (applicable for Total Portfolio) 6,20% - - no
Remaining Term (applicable for Total Portfolio) - 68,50 - no
Early Amortisation Events Maximum-Trigger Current Value Trigger Breach
Cumulative Loss Ratio
- prior to 30 September 2017 1,80% - no
Purchase Shortfall Event - no
Period before previous period
Previous period
Current period -
Principal Deficiency Event - no
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
5. Outstanding Notes Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
1. Note Balance All notes Class A Class B Class C Class D Class EGeneral Note Information
ISIN Code XS1489761558 XS1489762366 XS1489762523 XS1489763091 XS1489763331
Currency EUR EUR EUR EUR EUR
Initial Tranching in % 84,8% 5,8% 3,8% 1,5% 4,2%
Legal Maturity Sep 2029 Sep 2029 Sep 2029 Sep 2029 Sep 2029
Expected Maturity Okt 2020 Apr 2021 Apr 2021 Apr 2021 Apr 2021
Original Rating (DBRS / S&P) AA (sf) / AA (sf) A (sf) / A (sf) BBB (sf) / BBB(sf) BB (sf) / BB (sf) Not rated
Current Rating (DBRS / S&P)* D & S completely repaid AAA (sf) / AA (sf) AA (high) (sf) / A- (sf) AA (low) (sf) / BBB (sf) n.r. / n.r.
Initial Notes Aggregate Principal Outstanding Balance 750.000.000,00 € 635.800.000,00 € 43.200.000,00 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 €
Initial Nominal per Note 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €
Initial Number of Notes per Class 6.358 432 282 113 315
Current Note Information
Class Principal Outstanding Balance Beginning of Period 111.826.721,60 € - € 40.826.721,60 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 €
Available Distribution Amount 7.292.521,98 €
Replenishment - €
Amortisation 6.821.629,92 €
Redemption per Class 6.821.629,92 € - € 6.821.629,92 € - € - € - €
Redemption per Note - € 15.790,81 € - € - € - €
Class Principal Outstanding Balance End of Period 105.005.091,68 € - € 34.005.091,68 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 €
Current Tranching 0,0% 32,4% 26,9% 10,8% 30,0%
Current Pool Factor 0,00 0,79 1,00 1,00 1,00
2. Payments to Investors per Note All notes Class A Class B Class C Class D Class E Interest Rate Basis: 1 M-Euribor / Fixed / Floating -0,535% 0,150% 0,650% 1,000% +500 bps +945 bps
DayCount Convention 29 act/360 act/360 act/360 act/360 act/360
Interest Days
Principal Outstanding per Note Beginning of Period - € 94.506,30 € 100.000,00 € 100.000,00 € 100.000,00 €
> Principal Repayment per Note - € 15.790,81 € - € - € - €
Principal Outstanding per Note End of Period - € 78.715,49 € 100.000,00 € 100.000,00 € 100.000,00 €
> Interest accrued for the period - € 21.375,36 € 22.717,92 € 40.643,84 € 226.217,25 €
Interest Payment - € 21.375,36 € 22.717,92 € 40.643,84 € 226.217,25 €
Interest Payment per Note - € 49,48 € 80,56 € 359,68 € 718,15 €
3. Credit Enhancements Class A Class B Class C Class D Class EInitial total CE (Subordination, Reserve) 15,23% 9,47% 5,71% 4,20% 0,00%
Current CE (incl. Excess Spread) 103,09% 70,71% 43,85% 33,09% 3,09%
Current CE (excl. Excess Spread) 100,00% 67,62% 40,76% 30,00% 0,00%
* Last rating action as of 07.10.2020
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
6. Original Principal Balance Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Original Principal
Balance (Ranges in
EUR)
Original Principal
Balance in EUR
Percentage of
Total BalanceNumber of Loans
Percentage of Total
Loans
0: 1999 262.582,20 0,09% 188 1,06%
2000: 3999 4.179.545,48 1,47% 1.393 7,84%
4000: 5999 11.024.658,96 3,88% 2.236 12,58%
6000: 7999 12.770.931,04 4,49% 1.874 10,54%
8000: 9999 12.165.716,01 4,28% 1.373 7,72%
10000: 11999 21.002.689,42 7,38% 1.971 11,09%
12000: 13999 16.763.870,04 5,89% 1.311 7,37%
14000: 15999 13.405.905,80 4,71% 893 5,02%
16000: 17999 13.381.225,97 4,70% 789 4,44%
18000: 19999 12.588.165,41 4,42% 663 3,73%
20000: 21999 13.573.291,03 4,77% 647 3,64%
22000: 23999 13.325.566,92 4,68% 580 3,26%
24000: 25999 12.755.026,29 4,48% 511 2,87%
26000: 27999 13.459.164,68 4,73% 499 2,81%
28000: 29999 13.042.621,87 4,58% 450 2,53%
30000: 31999 10.981.380,43 3,86% 355 2,00%
32000: 33999 9.262.895,22 3,26% 281 1,58%
34000: 35999 8.951.856,04 3,15% 256 1,44%
36000: 37999 7.531.047,16 2,65% 204 1,15%
38000: 39999 7.561.070,09 2,66% 194 1,09%
40000: 41999 6.846.660,42 2,41% 167 0,94%
42000: 43999 5.028.990,36 1,77% 117 0,66%
44000: 45999 5.530.651,83 1,94% 123 0,69%
46000: 47999 5.357.714,36 1,88% 114 0,64%
48000: 49999 5.087.132,80 1,79% 104 0,58%
50000: 51999 3.461.468,21 1,22% 68 0,38%
52000: 53999 3.710.325,18 1,30% 70 0,39%
54000: 55999 3.896.952,37 1,37% 71 0,40%
56000: 57999 3.134.237,20 1,10% 55 0,31%
58000: 59999 2.825.315,13 0,99% 48 0,27%
60000: 61999 2.429.517,06 0,85% 40 0,22%
62000: 63999 1.945.105,03 0,68% 31 0,17%
64000: 65999 1.371.548,33 0,48% 21 0,12%
66000: 67999 1.337.721,98 0,47% 20 0,11%
68000: 69999 1.105.405,17 0,39% 16 0,09%
70000: 71999 780.467,85 0,27% 11 0,06%
72000: 73999 803.255,90 0,28% 11 0,06%
74000: 75999 300.716,72 0,11% 4 0,02%
76000: 77999 306.822,58 0,11% 4 0,02%
78000: 79999 473.236,70 0,17% 6 0,03%
80000: 81999 81.642,19 0,03% 1 0,01%
82000: 83999 248.461,52 0,09% 3 0,02%
84000: 85999 254.226,14 0,09% 3 0,02%
86000: 91999 90.756,47 0,03% 1 0,01%
92000: 99999 99.140,59 0,03% 1 0,01%
Total 284.496.682,15 100,00% 17.778 100,00%
Statistics in EUR
Average Amount 16.002,74
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
6.1 Original PB (Graph) Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
0
5.000.000
10.000.000
15.000.000
20.000.000
25.000.000
Ori
gin
al P
rin
cip
al B
ala
nc
e
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
7. Current Principal Balance Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Current Principal
Balance (Ranges in
EUR)
Current Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans
0: 1999 5.496.930,34 5,23% 5.987 33,68%
2000: 3999 9.900.637,50 9,43% 3.393 19,09%
4000: 5999 11.411.818,25 10,87% 2.315 13,02%
6000: 7999 9.782.856,37 9,32% 1.410 7,93%
8000: 9999 9.751.657,57 9,29% 1.088 6,12%
10000:11999 10.145.424,79 9,66% 924 5,20%
12000:13999 8.673.480,65 8,26% 669 3,76%
14000:15999 8.005.587,51 7,62% 536 3,01%
16000:17999 6.573.312,71 6,26% 388 2,18%
18000:19999 5.700.324,24 5,43% 301 1,69%
20000:21999 4.369.695,64 4,16% 209 1,18%
22000:23999 3.718.764,86 3,54% 162 0,91%
24000:25999 2.963.920,35 2,82% 119 0,67%
26000:27999 2.401.020,13 2,29% 89 0,50%
28000:29999 1.944.393,03 1,85% 67 0,38%
30000:31999 1.364.426,61 1,30% 44 0,25%
32000:33999 756.747,79 0,72% 23 0,13%
34000:35999 595.980,72 0,57% 17 0,10%
36000:37999 669.044,90 0,64% 18 0,10%
38000:39999 428.998,83 0,41% 11 0,06%
40000:41999 40.036,61 0,04% 1 0,01%
42000:43999 171.691,14 0,16% 4 0,02%
44000:45999 91.192,10 0,09% 2 0,01%
46000:47999 47.145,47 0,04% 1 0,01%
Total 105.005.088,11 100,00% 17.778 100,00%
Statistics in EUR
Average Amount 5.906,46
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
7.1 Current PB (Graph) Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
0
2.000.000
4.000.000
6.000.000
8.000.000
10.000.000
12.000.000
Cu
rre
nt
Pri
ncip
al B
ala
nc
e
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
8. Borrower Concentration Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
NoCurrent Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
1 47.145,47 0,0449% 1
2 45.988,13 0,0438% 1
3 45.203,97 0,0430% 1
4 43.521,36 0,0414% 1
5 43.514,14 0,0414% 1
6 42.562,46 0,0405% 1
7 42.093,18 0,0401% 1
8 40.036,61 0,0381% 1
9 39.923,29 0,0380% 1
10 39.866,06 0,0380% 1
11 39.593,43 0,0377% 1
12 39.401,65 0,0375% 1
13 39.155,01 0,0373% 1
14 39.042,36 0,0372% 1
15 38.895,79 0,0370% 1
16 38.507,44 0,0367% 1
17 38.404,88 0,0366% 1
18 38.127,35 0,0363% 1
19 38.081,57 0,0363% 1
20 37.974,68 0,0362% 2
21 37.803,09 0,0360% 1
22 37.740,50 0,0359% 1
23 37.738,79 0,0359% 1
24 37.687,45 0,0359% 1
25 37.493,79 0,0357% 1
1.005.502,45 0,9576% 26
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
9. Geographical Distribution Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
StateCurrent Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans
Baden-Württemberg 11.260.750,02 10,72% 1.841 10,36%
Bayern 11.355.791,45 10,81% 2.008 11,29%
Berlin 4.767.258,36 4,54% 844 4,75%
Brandenburg 5.043.509,59 4,80% 912 5,13%
Bremen 704.696,81 0,67% 122 0,69%
Hamburg 1.840.835,81 1,75% 296 1,66%
Hessen 7.435.707,33 7,08% 1.161 6,53%
Mecklenburg-Vorpommern 4.063.573,44 3,87% 702 3,95%
Niedersachsen 10.387.228,08 9,89% 1.746 9,82%
Nordrhein-Westfalen 21.931.961,32 20,89% 3.630 20,42%
Rheinland-Pfalz 5.752.674,48 5,48% 907 5,10%
Saarland 1.466.993,97 1,40% 231 1,30%
Sachsen 5.477.843,26 5,22% 1.073 6,04%
Sachsen-Anhalt 5.676.791,93 5,41% 901 5,07%
Schleswig-Holstein 3.461.768,61 3,30% 622 3,50%
Thüringen 4.109.782,09 3,91% 746 4,20%
n/a 267.921,56 0,26% 36 0,20%
Total 105.005.088,11 100,00% 17.778 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
9.1 Geographical Distribution (Graph) Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
0
5.000.000
10.000.000
15.000.000
20.000.000
25.000.000
Cu
rren
t P
rin
cip
al
Bala
nce
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
10. Collateral Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
CollateralCurrent Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans
secured 24.779.270,33 23,60% 2.246 12,63%
unsecured 80.225.817,78 76,40% 15.532 87,37%
Total 105.005.088,11 100,00% 17.778 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
11. Insurances Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Payment Protection
Insurance
Current Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans
No 17.668.219,63 16,83% 5.434 30,57%
Yes 87.336.868,48 83,17% 12.344 69,43%
Total 105.005.088,11 100,00% 17.778 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
12. Payment Methods Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Payment MethodCurrent Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans
Direct Debit 97.497.725,30 92,85% 16.919 95,17%
Other 7.507.362,81 7,15% 859 4,83%
Total 105.005.088,11 100,00% 17.778 100,00%
Cycle of PaymentCurrent Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans
15th of month 31.109.204,60 29,63% 5.568 31,32%
1st of month 73.895.883,51 70,37% 12.210 68,68%
Total 105.005.088,11 100,00% 17.778 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
13. Effective Interest Rate Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Yield Range* Current Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans 0: 0 1.178,41 0,00% 4 0,02%
1: 1 68.151,50 0,06% 38 0,21%
2: 2 1.158.251,24 1,10% 528 2,97%
3: 3 14.358.816,38 13,67% 4.579 25,76%
4: 4 12.088.096,15 11,51% 1.800 10,12%
5: 5 15.398.916,39 14,66% 2.008 11,29%
6: 6 12.594.215,23 11,99% 1.691 9,51%
7: 7 27.020.271,46 25,73% 3.640 20,47%
8: 8 12.864.521,90 12,25% 2.040 11,47%
9: 9 8.441.869,07 8,04% 1.276 7,18%
10:10 917.295,37 0,87% 150 0,84%
11:11 74.296,81 0,07% 16 0,09%
12:12 19.208,20 0,02% 8 0,04%
Total 105.005.088,11 100,00% 17.778 100,00%
Statistics in %
WA Interest 6,77%
*runs from .00 to .99
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
13.1 Effective Interest Rate (Graph) Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
*runs from .00 to .99
0
5.000.000
10.000.000
15.000.000
20.000.000
25.000.000
30.000.000
0: 0 1: 1 2: 2 3: 3 4: 4 5: 5 6: 6 7: 7 8: 8 9: 9 10:10 11:11 12:12
Cu
rren
t P
rin
cip
al
Bala
nce
Yield Range*
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
14. Seasoning Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Seasoning in
Months
Current Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans
39:41 1.213.618,32 1,16% 215 1,21%
42:44 6.871.711,93 6,54% 1.162 6,54%
45:47 8.160.537,77 7,77% 1.567 8,81%
48:50 13.796.552,45 13,14% 2.280 12,82%
51:53 26.700.309,92 25,43% 4.279 24,07%
54:56 24.959.586,41 23,77% 3.921 22,06%
57:59 10.203.633,32 9,72% 1.817 10,22%
60:62 5.315.514,02 5,06% 1.026 5,77%
63:65 2.383.281,27 2,27% 389 2,19%
66:68 1.943.271,61 1,85% 347 1,95%
69:71 1.240.340,39 1,18% 255 1,43%
72:74 1.327.286,49 1,26% 294 1,65%
75:77 538.854,08 0,51% 118 0,66%
78:80 73.891,86 0,07% 20 0,11%
81: 276.698,27 0,26% 88 0,49%
Total 105.005.088,11 100,00% 17.778 100,00%
Statistics
WA Seasoning 53,45
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
14.1 Seasoning (Graph) Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
0
5.000.000
10.000.000
15.000.000
20.000.000
25.000.000
30.000.000
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
t P
rin
cip
al
Bala
nce
Seasoning in Months
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
15. Remaining Term Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Remaining Term in
Months
Current Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans 0: 6 1.678.862,77 1,60% 2.559 14,39%
7: 13 5.986.130,53 5,70% 2.882 16,21%
14: 20 9.937.656,34 9,46% 2.376 13,36%
21: 27 12.850.562,30 12,24% 2.092 11,77%
28: 34 18.118.262,48 17,25% 2.568 14,44%
35: 41 18.043.321,91 17,18% 1.965 11,05%
42: 48 24.283.827,34 23,13% 2.278 12,81%
49: 55 11.111.220,60 10,58% 876 4,93%
56: 62 2.060.666,55 1,96% 134 0,75%
63: 69 447.378,66 0,43% 21 0,12%
70: 76 146.129,84 0,14% 7 0,04%
77: 83 159.163,86 0,15% 9 0,05%
84: 90 17.052,40 0,02% 1 0,01%
91: 97 85.499,76 0,08% 4 0,02%
98:104 22.657,67 0,02% 1 0,01%
105:108 40.216,65 0,04% 3 0,02%
109: 16.478,45 0,02% 2 0,01%
Total 105.005.088,11 100,00% 17.778 100,00%
Statistics
WA Remaining Term 34,82
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
15.1 Remaining Term (Graph) Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
0
5.000.000
10.000.000
15.000.000
20.000.000
25.000.000
30.000.000
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 98:104 105:108 109:
Cu
rren
t P
rin
cip
al
Bala
nce
Remaining Term in Months
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
16. Original Term Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Original Term in
Months
Current Principal
Balance in EUR
Percentage of Total
BalanceNumber of Loans
Percentage of Total
Loans
7: 13 8,31 0,00% 1 0,01%
14: 20 15,26 0,00% 3 0,02%
21: 27 1.134,80 0,00% 7 0,04%
28: 34 520,10 0,00% 10 0,06%
35: 48 38.195,86 0,04% 106 0,60%
49: 55 769.743,06 0,73% 1.083 6,09%
56: 62 6.206.887,51 5,91% 3.834 21,57%
63: 69 3.253.207,48 3,10% 839 4,72%
70: 76 12.882.382,93 12,27% 2.699 15,18%
77: 83 5.991.704,06 5,71% 682 3,84%
84: 90 22.791.665,92 21,71% 3.500 19,69%
91: 97 24.221.059,15 23,07% 2.548 14,33%
98:104 24.519.997,12 23,35% 2.183 12,28%
105:111 2.797.891,95 2,66% 191 1,07%
112:118 874.764,21 0,83% 49 0,28%
119:120 90.879,56 0,09% 7 0,04%
121: 565.030,83 0,54% 36 0,20%
Total 105.005.088,11 100,00% 17.778 100,00%
Statistics
WA Original Term 88,27
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
16.1 Original Term (Graph) Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
0
5.000.000
10.000.000
15.000.000
20.000.000
25.000.000
30.000.000
7: 13 14: 20 21: 27 28: 34 35: 48 49: 55 56: 62 63: 69 70: 76 77: 83 84: 90 91: 97 98:104 105:111 112:118 119:120 121:
Cu
rren
t P
rin
cip
al
Bala
nce
Original Term in Months
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
17. Loan Concentration Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Loan ConcentrationCurrent Principal
Balance in EUR
Percentage of
Total BalanceNumber of Loans
Percentage of Total
LoansNumber of Debtors
Percentage of Total
Debtors
1: 1 104.630.402,20 99,64% 17.643 99,24% 17.643 99,63%
2: 2 357.258,71 0,34% 122 0,69% 61 0,34%
3: 3 14.822,02 0,01% 9 0,05% 3 0,02%
4: 4 2.605,18 0,00% 4 0,02% 1 0,01%
Total 105.005.088,11 100,00% 17.778 100,00% 17.708 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
18. Priority of Payments + Transaction Costs Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Priority of Payments
Available Distribution Amount 7.292.521,98 €
Senior Expenses - 1.102,00 €
Net Swap Payments - 3.964,94 €
Interest Notes Class A - - €
Interest Notes Class B - 21.375,36 €
Interest Notes Class C - 22.717,92 €
Interest Notes Class D - 40.643,84 €
Interest Notes Class E - 226.217,25 €
Replenishment - - €
Payments to Purchase Shortfall Account - - €
Principal Payments Class A - - €
Principal Payments Class B - 6.821.629,92 €
Principal Payments Class C - - €
Principal Payments Class D - - €
Principal Payments Class E - - €
Payments to Commingling Reserve Ledger - n/a
Payments to Set-Off Reserve Ledger - n/a
Payments to Seller = 154.870,75 €
Transaction Costs All notes Class A Class B Class C Class D Class E Senior Expenses 1.102,00 €-
Interest accrued for the Period 310.954,37 €- - € 21.375,36 €- 22.717,92 €- 40.643,84 €- 226.217,25 €-
Cumulative Interest accrued 18.143.685,92 €- 2.004.804,56 €- 1.150.826,40 €- 1.156.986,78 €- 2.133.265,98 €- 11.697.802,20 €-
Interest Payments 310.954,37 €- - € 21.375,36 €- 22.717,92 €- 40.643,84 €- 226.217,25 €-
Cumulative Interest Payments 18.143.685,92 €- 2.004.804,56 €- 1.150.826,40 €- 1.156.986,78 €- 2.133.265,98 €- 11.697.802,20 €-
Unpaid Interest for the Period - €
Cumulative Unpaid Interest - €
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
19. Swap Counterparty Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Swap Counterparty Swap Counterparty Banco Santander S.A., London Branch
Swap Rating Trigger Breach noRTG_DBRS_LT_BANK_DEPOSITS RTG_DBRS_ST RTG_SP_LT_LC_ISSUER_CREDIT RTG_SP_ST_LC_ISSUER_CREDIT
Rating Trigger & Current Ratings ConsequensesLong
Term
Short
TermOutlook
Long
Term
Short
TermOutlook
Trigger
breachRTG_DBRS_SENIOR_UNSECURED RTG_DBRS_ST RTG_DBRS_OUTLOOK RTG_SP_LT_LC_ISSUER_CREDIT RTG_SP_ST_LC_ISSUER_CREDIT RTG_SP_OUTLOOK
1st Rating TriggerCollateral, Guarantee
or ReplacementBBB R-1M BB A-1 no
Current Counterparty Ratings AH R-1M STABLE A A-1 NEG
Current Swap Data Swap Counterparty Details Counterparty Replacement Swap Type Fixed Floating Interest Rate Swap Banco Santander S.A., London Branch Old Counterparty Abbey National Treasury Services plc
Notional Amount 42.799.997,12 € FI Structuring Current Counterparty Banco Santander S.A., London Branch
Fixed Rate -0,4200% 2 Triton Square
Floating Rate (Euribor) -0,5350% Regent's Place
Net Swap Payments - 3.964,94 € London, NW1 3AN
Notional Amount next period 42.799.996,43 € United Kingdom
Ratings as of 30.09.2020, data source: Bloomberg
DBRS S & P
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
20. Retention Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Outstanding Balance of the Class A Notes as of the Offer Date: 635.800.000,00 €
635.800.000,00 €
0,00 €
0,00 €
Outstanding Balance of the Class B Notes as of the Offer Date: 43.200.000,00 €
43.200.000,00 €
Outstanding Balance of the Class B Notes as of the end of the Monthly Period: 34.005.091,68 €
34.005.091,68 €
Outstanding Balance of the Class C Notes as of the Offer Date: 28.200.000,00 €
28.200.000,00 €
Outstanding Balance of the Class C Notes as of the end of the Monthly Period: 28.200.000,00 €
28.200.000,00 €
Outstanding Balance of the Class D Notes as of the Offer Date: 11.300.000,00 €
600.000,00 €
Outstanding Balance of the Class D Notes as of the end of the Monthly Period: 11.300.000,00 €
600.000,00 €
Outstanding Balance of the Class E Notes as of the Offer Date: 31.500.000,00 €
1.600.000,00 €
Outstanding Balance of the Class E Notes as of the end of the Monthly Period: 31.500.000,00 €
1.600.000,00 €Outstanding Balance of the retained Class E Notes 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 Consumer 2016-1 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 no less than 5 % of the nominal value of each of the tranches sold or transferred to the investors.
Outstanding Balance of the Class A Notes as of the end of the Monthly Period:
Outstanding Balance of the retained Class B Notes as of the Offer Date:
Outstanding Balance of the retained Class A Notes as of the Offer Date:
Outstanding Balance of the retained Class A Notes of the end of the Monthly Period:
Outstanding Balance of the retained Class B Notes of the end of the Monthly Period:
Outstanding Balance of the retained Class C Notes as of the Offer Date:
Outstanding Balance of the retained Class C Notes of the end of the Monthly Period:
Outstanding Balance of the retained Class D Notes as of the Offer Date:
Outstanding Balance of the retained Class D Notes of the end of the Monthly Period:
Outstanding Balance of the retained Class E Notes as of the Offer Date:
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 09.10.2020
Monthly Investor Report 13.10.2020
49
21. Counterparties Okt 2020
from 14.09.2020 to 13.10.2020 = 29 days
from 01.09.2020 to 30.09.2020
RTG_DBRS_LT_BANK_DEPOSITS RTG_DBRS_ST RTG_SP_LT_LC_ISSUER_CREDIT RTG_SP_ST_LC_ISSUER_CREDIT
Long
Term
Short
TermOutlook
Long
Term
Short
TermOutlook
Counterparty
status
RTG_DBRS_SENIOR_UNSECURED RTG_DBRS_ST RTG_DBRS_OUTLOOK RTG_SP_LT_LC_ISSUER_CREDIT RTG_SP_ST_LC_ISSUER_CREDIT RTG_SP_OUTLOOK
Join Lead Managers: UniCredit Bank AG - - - BBB+ A-2 NEG performing
Arabellastraße 12
81925 München
Germany
Banco Santander S.A. AH R-1M STABLE A A-1 NEG performing
Santander Global Banking and Markets
2 Triton Square
Regent's Place
London NW1 3AN
United Kingdom
Paying Agent: Bank of New York Mellon AAH R-1H STABLE AA- A-1+ STABLE performing
Corporate Trust Administration
One Canada Square
London E14 5AL
England
Transaction Account: Bank of New York Mellon AAH R-1H STABLE AA- A-1+ STABLE performing
Messeturm
Friedrich-Ebert-Anlage 49
60327 Frankfurt am Main
Germany
Transaction Security Trustee: Wilmington Trust (London) Limited - - - - - - performing
Third Floor, 1 King's Arms Yard
London EC2R 7AF
United Kingdom
Data Trustee: Wilmington Trust (London) Limited - - - - - - performing
Third Floor, 1 King's Arms Yard
London EC2R 7AF
United Kingdom
Rating Agencies: Standard & Poor's Ratings Services DBRS
Structured Finance Surveillance Team
20 Canada Square 1 Minster Court
E14 5LH London London EC3R 7AA
United Kingdom United Kingdom
Ratings as of 30.09.2020, data source: Bloomberg
DBRS S & P
Reporting Date
Payment Date
Period No
Monthly Period
Interest Period
Collection Period
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 Reporting Date 09.10.2020
Monthly Investor Report Payment Date 13.10.2020
Period No 49
22. Issuer Information Monthly Period Okt 2020
Interest Period from 14.09.2020 to 13.10.2020 = 29 days
Collection Period from 01.09.2020 to 30.09.2020
Deal Name: SC Germany Consumer 2016-1
Issuer: SC Germany Consumer 2016-1 UG (haftungsbeschränkt)
The Managing Directors
Steinweg 3-5
60313 Frankfurt am Main
Germany
eMail [email protected]
fax +49 (0) 69 2992 5387
LEI: 529900I59NL2I7OQ7H90
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 Mönchengladbach
Germany
eMail [email protected]
fax +49 (0) 2161 690 7077
SPV-Administrator: Wilmington Trust SP Services (Frankfurt) GmbH
Steinweg 3-5
60313 Frankfurt am Main
Germany
eMail [email protected]
fax +49 (0) 69 2992 5387
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 09.10.2020
Monthly Investor Report 13.10.2020
49
23. Santander Consumer Bank Okt 2020
from 14.09.2020 to 13.10.2020 = 29 days
from 01.09.2020 to 30.09.2020
Contact DetailsCapital Markets
Tomasz Osipowicz +49-2161-690-7046 [email protected]
Robert Westermann +49-2161-690-7424 [email protected]
Michael Evers +49-2161-690-5761 [email protected]
Bastian Menges +49-2161-690-7085 [email protected]
Stefan Zilligen +49-2161-690-6069 [email protected]
Team ABS [email protected]
Ratings Santander
Long
Term
Short
TermOutlook
Long
Term
Short
TermOutlook
AH R-1M STABLE A A-1 NEG
- - - A- A-2 NEG
- - - A- A-2 NEG
Ratings as of 30.09.2020, data source: Bloomberg
Santander Consumer Bank AG
Santander Consumer Finance S.A.
DBRS
Banco Santander S.A.
S & P
Interest Period
Collection Period
Reporting Date
Payment Date
Period No
Monthly Period
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2016-1 09.10.2020
Monthly Investor Report 13.10.2020
49
24. Glossary Okt 2020
from 14.09.2020 to 13.10.2020 = 29 days
from 01.09.2020 to 30.09.2020
Aggregate Outstanding Principal Amount: Shall mean in respect of all Purchased Receivables at any time, the aggregate of the Outstanding Principal Amounts of all Purchased Receivables
which, as of such time, are not defaulted receivables.
Defaulted Contracts/Defaults: Shall mean as of any date, any purchased receivable which has been declared due and payable in full in accordance to the Credit and Collection Policy
which in principal is between 120 and 180 calendar days after the due date.
Delinquent Receivable: Shall mean as of any date, any purchased receivable which is more than 30 days overdue and not a defaulted contract.
Legal Maturity: Final Payment date on which all outstanding notes will mature.
Expected Maturity: Maturity date of the notes under the assumption of inter alia (a) a 30% constant prepayment rate, (b) an exercised Clean-Up Call at 10%,
and (c) 0% cumulative gross losses.
Payment Protection Insurance: Insurance, composed of life insurance and/or accident insurance and/or temporary disability insurance and/or unemployment insurance, which covers
the risk that a Debtor in its capacity as insured person is unable to pay the Loan Instalments owed by such Debtor life insurance
Recoveries: Any amount received on defaulted contracts
Set-Off Reserve: Protection against set-off risks due to deposits
Collection Period
Reporting Date
Payment Date
Period No
Monthly Period
Interest Period