SC Germany Auto 2016-2 Monthly Investor Report · 2020. 8. 5. · SC Germany Auto 2016-2 Reporting Date 10.11.2017 Monthly Investor Report Payment Date 13.11.2017 Period No 16 Cover

SC Germany Auto 2016-2

Monthly Investor Report

SC Germany Auto 2016-2 Reporting Date 10.11.2017

Monthly Investor Report Payment Date 13.11.2017

Period No 16

Cover Sheet Monthly Investor Report Monthly Period Nov 2017

Interest Period from 13.10.2017 to 13.11.2017 = 31 days

Collection Period from 01.10.2017 to 31.10.2017

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 16

1. Portfolio Information Monthly Period Nov 2017



current period previous period

Outstanding ReceivablesNo. of

Contracts

Aggregate Outstanding

Principal Amount

Aggregate Outstanding

Principal Amount

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

Scheduled Principal Payments 29.726.788,19 €

Prepayment Principal 16.021.510,62 €

Others 1.490.320,29 €

Total Principal Collections 47.238.619,10 € 45.636.643,60 €

Total Interest Collections 6.476.521,72 € 6.369.070,45 €

Defaults 298.109,94 € 200.074,93 €

Replenishment Amount 47.536.725,05 € 45.836.722,05 €

End of Period 150.460 1.499.999.994,99 € 1.499.999.998,98 €

Purchase Shortfall Amount 5,01 € 1,02 €

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

Current Prepayment Rate (annualised) 12,1%


Santander-Platz 1




Period No 16

2. Reserve Accounts Monthly Period Nov 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 6.232.031,54 €

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 16

3. Delinquency Data Monthly Period Nov 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 0,21%

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

1- 30 days past due previous period 2.050.536,75 € 62.229,46 € 183

1- 30 days past due current period 0,18% 2.729.633,56 € 87.732,57 € 259

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

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

31- 60 days past due previous period 2.821.982,96 € 126.489,29 € 271

31- 60 days past due current period 0,14% 2.071.520,94 € 77.014,72 € 190

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

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

61- 90 days past due previous period 793.455,39 € 47.992,33 € 79

61- 90 days past due current period 0,06% 932.273,98 € 57.390,90 € 103













* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 16

4. Default Data Monthly Period Nov 2017




End of Period 1.500.000.000,00 €

Default Data and Ratios Amount Number of Loans

Current Default

Current Period Gross Default 298.109,94 €

Current Period Recoveries 25.688,68 €

Current Period Net Default 272.421,26 €

New Number of Defaulted Contracts 37

Cumulative Default

Cumulative Gross Default 2.271.875,32 €

Cumulative Recoveries 141.312,60 €

Cumulative Net Default 2.130.562,72 €

Total Number of Defaulted Contracts 261

3-MRA* /

current ratio Ratio

3-MRA* Annualised Net Default Ratio (New Default) 0,18%

Annualised Loss Ratio period before previous period 0,20%

Annualised Loss Ratio previous period 0,13%

Annualised Loss Ratio current period 0,22% 0,22%

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 16

5. Concentration Limits Monthly Period Nov 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% - 3,92% no

Contracts with Balloon Rates (applicable for Total Portfolio) - 42,00% 39,90% no

Remaining Term (applicable for Total Portfolio) - 62,50 46,25 no

Loans with Original Term of more than 90 months (applicable for Total Portfolio) - 30,00% 22,85% 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% 0,10% no



Purchase Shortfall Event no

Period before previous period 4,12 €

Previous period 4,54 €

Current period 1,02 €

Principal Deficiency Event no


Santander-Platz 1




Period No 16

6. Outstanding Notes Monthly Period Nov 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 68.740.830,52 €

Replenishment 47.536.725,05 €

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 31

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 1.329.264,00 € 117.648,00 €

Interest Payment 1.329.264,00 € 117.648,00 €

Interest Payment per Note 92,31 € 196,08 €

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

Current CE (incl. Excess Spread) 7,80% 3,80%

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


Santander-Platz 1




Period No 16

7. Original Principal Balance Monthly Period Nov 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 24.804,66 0,00% 28 0,02%

1000: 1999 813.863,79 0,04% 498 0,33%

2000: 2999 5.085.406,86 0,24% 1.991 1,32%

3000: 3999 14.162.969,03 0,67% 4.043 2,69%

4000: 4999 26.260.267,77 1,25% 5.826 3,87%

5000: 5999 39.412.713,46 1,88% 7.182 4,77%

6000: 6999 51.665.662,77 2,46% 7.936 5,27%

7000: 7999 61.830.346,07 2,95% 8.232 5,47%

8000: 8999 71.955.863,52 3,43% 8.462 5,62%

9000: 9999 79.141.586,03 3,77% 8.325 5,53%

10000:10999 101.816.010,15 4,85% 9.702 6,45%

11000:11999 98.471.353,88 4,69% 8.558 5,69%

12000:12999 102.137.300,17 4,86% 8.173 5,43%

13000:13999 104.925.016,93 5,00% 7.776 5,17%

14000:14999 99.774.506,97 4,75% 6.878 4,57%

15000:15999 104.696.912,44 4,99% 6.759 4,49%

16000:16999 101.613.554,09 4,84% 6.163 4,10%

17000:17999 95.418.505,98 4,54% 5.455 3,63%

18000:18999 92.542.242,83 4,41% 5.005 3,33%

19000:19999 85.968.942,15 4,09% 4.411 2,93%

20000:20999 82.203.327,92 3,92% 4.016 2,67%

21000:21999 78.287.045,84 3,73% 3.645 2,42%

22000:22999 71.115.947,24 3,39% 3.162 2,10%

23000:23999 62.403.924,25 2,97% 2.656 1,77%

24000:24999 57.647.660,00 2,75% 2.353 1,56%

25000:25999 50.923.668,54 2,43% 1.998 1,33%

26000:26999 47.180.062,36 2,25% 1.782 1,18%

27000:27999 42.108.168,83 2,01% 1.532 1,02%

28000:28999 35.810.141,99 1,71% 1.257 0,84%

29000:29999 30.755.348,69 1,46% 1.043 0,69%

30000:30999 25.776.215,16 1,23% 846 0,56%

31000:31999 25.038.601,89 1,19% 795 0,53%

32000:32999 20.638.633,81 0,98% 635 0,42%

33000:33999 17.348.550,94 0,83% 518 0,34%

34000:34999 14.732.842,36 0,70% 427 0,28%

35000:35999 13.016.909,55 0,62% 367 0,24%

36000:36999 11.311.908,71 0,54% 310 0,21%

37000:37999 10.454.240,56 0,50% 279 0,19%

38000:38999 8.163.663,30 0,39% 212 0,14%

39000:39999 6.350.501,15 0,30% 161 0,11%

40000:40999 6.270.339,62 0,30% 155 0,10%

41000:41999 4.359.026,14 0,21% 105 0,07%

42000:42999 5.353.485,18 0,25% 126 0,08%

43000:43999 3.606.767,13 0,17% 83 0,06%

44000:44999 3.562.257,26 0,17% 80 0,05%

45000:45999 3.683.564,87 0,18% 81 0,05%

46000:46999 2.882.927,03 0,14% 62 0,04%

47000:47999 2.376.812,64 0,11% 50 0,03%

48000:48999 2.424.107,57 0,12% 50 0,03%

49000:49999 1.536.479,66 0,07% 31 0,02%

50000:50999 1.664.308,37 0,08% 33 0,02%

51000:51999 1.081.574,27 0,05% 21 0,01%

52000:52999 840.594,10 0,04% 16 0,01%

53000:53999 960.983,10 0,05% 18 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 478.695,54 0,02% 8 0,01%

60000:60000 300.000,00 0,01% 5 0,00%60001: 5.974.796,08 0,28% 83 0,06%

Total 2.099.475.671,61 100,00% 150.460 100,00%

Statistics in EUR

Average Amount 13.953,71


Santander-Platz 1




Period No 16

7.1 Original PB (Graph) Monthly Period Nov 2017



0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

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Santander-Platz 1




Period No 16

8. Current Principal Balance Monthly Period Nov 2017



Current Principal Balance

(Ranges in EUR)

Current Principal

Balance in EUR

Percentage of


Percentage of

Total Loans

0: 999 2.484.152,19 0,17% 5.123 3,40%

1000: 1999 10.573.284,78 0,70% 6.982 4,64%

2000: 2999 20.951.790,94 1,40% 8.344 5,55%

3000: 3999 32.356.780,27 2,16% 9.216 6,13%

4000: 4999 43.089.637,29 2,87% 9.577 6,37%

5000: 5999 52.390.594,42 3,49% 9.525 6,33%

6000: 6999 62.754.265,78 4,18% 9.656 6,42%

7000: 7999 71.907.700,07 4,79% 9.588 6,37%

8000: 8999 78.852.485,18 5,26% 9.275 6,16%

9000: 9999 84.780.961,49 5,65% 8.928 5,93%

10000:10999 85.770.462,62 5,72% 8.174 5,43%

11000:11999 85.465.188,62 5,70% 7.441 4,95%

12000:12999 85.331.806,89 5,69% 6.830 4,54%

13000:13999 81.044.425,45 5,40% 6.008 3,99%

14000:14999 78.968.451,84 5,26% 5.448 3,62%

15000:15999 71.761.104,94 4,78% 4.631 3,08%

16000:16999 65.946.239,94 4,40% 3.999 2,66%

17000:17999 63.002.778,11 4,20% 3.601 2,39%

18000:18999 55.497.054,88 3,70% 3.001 1,99%

19000:19999 50.019.054,33 3,33% 2.567 1,71%

20000:20999 45.270.032,68 3,02% 2.211 1,47%

21000:21999 38.556.596,15 2,57% 1.795 1,19%

22000:22999 33.628.930,95 2,24% 1.497 0,99%

23000:23999 29.437.933,51 1,96% 1.253 0,83%

24000:24999 25.597.833,97 1,71% 1.045 0,69%

25000:25999 21.075.791,06 1,41% 827 0,55%

26000:26999 17.913.330,64 1,19% 676 0,45%

27000:27999 15.697.437,13 1,05% 571 0,38%

28000:28999 13.844.636,51 0,92% 486 0,32%

29000:29999 10.985.271,61 0,73% 372 0,25%

30000:30999 10.067.362,35 0,67% 330 0,22%

31000:31999 7.549.909,92 0,50% 240 0,16%

32000:32999 6.917.638,68 0,46% 213 0,14%

33000:33999 5.864.289,13 0,39% 175 0,12%

34000:34999 4.694.272,13 0,31% 136 0,09%

35000:35999 4.539.548,59 0,30% 128 0,09%

36000:36999 3.430.293,65 0,23% 94 0,06%

37000:37999 3.111.241,50 0,21% 83 0,06%

38000:38999 2.579.430,36 0,17% 67 0,04%

39000:39999 1.658.686,69 0,11% 42 0,03%

40000:40999 1.904.063,33 0,13% 47 0,03%

41000:41999 1.535.609,49 0,10% 37 0,02%

42000:42999 1.102.460,14 0,07% 26 0,02%

43000:43999 1.349.295,81 0,09% 31 0,02%

44000:44999 800.797,32 0,05% 18 0,01%

45000:45999 499.795,16 0,03% 11 0,01%

46000:46999 698.699,97 0,05% 15 0,01%

47000:47999 805.722,18 0,05% 17 0,01%

48000:48999 435.539,26 0,03% 9 0,01%

49000:49999 445.183,65 0,03% 9 0,01%

50000:50999 556.743,52 0,04% 11 0,01%

51000:51999 258.203,03 0,02% 5 0,00%

52000:52999 472.338,86 0,03% 9 0,01%

53000:53999 427.675,04 0,03% 8 0,01%

54000:54999 163.775,45 0,01% 3 0,00%

55000:55999 389.100,26 0,03% 7 0,00%

56000:56999 282.257,26 0,02% 5 0,00%

57000:57999 172.869,39 0,01% 3 0,00%

58000:58999 175.082,86 0,01% 3 0,00%

59000:59999 178.805,86 0,01% 3 0,00%60001: 1.977.289,91 0,13% 28 0,02%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Statistics in EUR

Average Amount 9.969,43


Santander-Platz 1




Period No 16

8.1 Current PB (Graph) Monthly Period Nov 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

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Santander-Platz 1




Period No 16

9. Borrower Concentration Monthly Period Nov 2017



No

Current Principal

Balance in EUR

Percentage of

Balance Number of Loans

1 98.475,32 0,0066% 1

2 90.848,06 0,0061% 1

3 83.772,12 0,0056% 1

4 78.822,07 0,0053% 1

5 78.037,78 0,0052% 1

6 77.353,10 0,0052% 1

7 77.103,67 0,0051% 1

8 74.494,91 0,0050% 1

9 73.522,62 0,0049% 1

10 73.127,45 0,0049% 1

11 72.171,85 0,0048% 1

12 71.552,12 0,0048% 1

13 70.757,14 0,0047% 1

14 69.999,50 0,0047% 1

15 68.268,51 0,0046% 1

16 67.961,77 0,0045% 1

17 67.496,13 0,0045% 1

18 66.186,11 0,0044% 1

19 64.697,73 0,0043% 1

20 64.687,99 0,0043% 1

21 62.841,41 0,0042% 1

22 61.765,91 0,0041% 1

23 61.196,93 0,0041% 1

24 61.191,20 0,0041% 1

25 60.404,61 0,0040% 1

1.796.736,01 0,1198% 25


Santander-Platz 1




Period No 16

10. Geographical Distribution Monthly Period Nov 2017



State

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Baden-Wuerttemberg 149.625.018,60 9,98% 14.572 9,68%

Bavaria 160.729.359,06 10,72% 15.355 10,21%

Berlin 26.733.614,29 1,78% 2.823 1,88%

Brandenburg 84.957.932,00 5,66% 8.713 5,79%

Bremen 8.275.466,46 0,55% 863 0,57%

Hamburg 15.495.277,94 1,03% 1.529 1,02%

Hesse 93.677.708,67 6,25% 9.224 6,13%

Lower Saxony 158.718.828,23 10,58% 15.990 10,63%

Mecklenburg-Western Pomerania 71.159.403,37 4,74% 7.327 4,87%

North Rhine-Westphalia 282.038.950,27 18,80% 28.462 18,92%

Rhineland-Palatinate 69.416.407,14 4,63% 6.772 4,50%

Saarland 20.004.424,13 1,33% 1.935 1,29%

Saxonia 101.985.898,30 6,80% 10.976 7,29%

Saxony-Anhalt 110.925.130,11 7,40% 11.177 7,43%

Schleswig-Holstein 54.432.545,90 3,63% 5.710 3,80%

Thuringia 89.254.111,33 5,95% 8.773 5,83%

n/a 2.569.919,19 0,17% 259 0,17%

Total 1.499.999.994,99 100,00% 150.460 100,00%


Santander-Platz 1




Period No 16

10.1 Geographical Distribution (Graph) Monthly Period Nov 2017



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

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Santander-Platz 1




Period No 16

11. Object/Vehicle Type Monthly Period Nov 2017



Vehicle Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

New =<90 425.957.409,94 28,40% 36.964 24,57%New >90 126.947.923,88 8,46% 8.883 5,90%

New Vehicle 552.905.333,82 36,86% 45.847 30,47%

Used =<90 731.279.105,26 48,75% 88.736 58,98%Used >90 215.815.555,91 14,39% 15.877 10,55%

Used Vehicle 947.094.661,17 63,14% 104.613 69,53%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Object Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Car 1.457.294.471,74 97,15% 144.487 96,03%

Motorbike 21.435.316,70 1,43% 4.465 2,97%Leisure 21.270.206,55 1,42% 1508 1,00%

Total 1.499.999.994,99 100,00% 150.460 100,00%


Santander-Platz 1




Period No 16

12. Insurances Monthly Period Nov 2017



Payment Protection

Insurance

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 455.477.813,19 30,37% 45.625 30,32%Yes 1.044.522.181,80 69,63% 104.835 69,68%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Gap Insurance

(Santander Safe)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 1.006.664.512,69 67,11% 106.337 70,67%Yes 493.335.482,30 32,89% 44.123 29,33%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Repair Cost Insurance

(Santander AutoCare)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 1.357.450.988,55 90,50% 136.426 90,67%Yes 142.549.006,44 9,50% 14.034 9,33%

Total 1.499.999.994,99 100,00% 150.460 100,00%


Santander-Platz 1




Period No 16

13. Type of Contract Monthly Period Nov 2017



Contracts w/Balloon Payments

Current Principal Balance

in EUR

Percentage of Total


Percentage of Total

Loans

No 901.469.963,62 60,10% 106.220 70,60%

Yes 598.530.031,37 39,90% 44.240 29,40%

- of which balloon rates 339.782.295,85 22,65%

- of which regular installments 258.747.735,52 17,25%

Total 1.499.999.994,99 100,00% 150.460 100,00%

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

0:12 171.293,17 0,05% 19 0,04%

13:25 5.182.161,45 1,53% 670 1,51%

26:38 33.106.331,23 9,74% 4.355 9,84%

39:51 108.357.117,69 31,89% 13.540 30,61%

52:64 192.593.550,23 56,68% 25.635 57,95%

65:72 240.055,88 0,07% 14 0,03%73: 131.786,20 0,04% 7 0,02%

Total 339.782.295,85 100,00% 44.240 100,00%

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 29.100.079,49 8,56% 3.938 8,90%

13:25 68.524.044,89 20,17% 9.023 20,40%

26:38 123.809.676,95 36,44% 16.107 36,41%

39:51 100.644.103,73 29,62% 12.988 29,36%

52:64 17.655.596,59 5,20% 2.181 4,93%

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

Total 339.782.295,85 100,00% 44.240 100,00%


Santander-Platz 1




Period No 16

14. Payment Methods Monthly Period Nov 2017



Payment Method

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Direct Debit 1.491.239.558,56 99,42% 149.506 99,37%Other 8.760.436,43 0,58% 954 0,63%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Cycle of Payment

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

15th of month 683.518.078,31 45,57% 68.944 45,82%1st of month 816.481.916,68 54,43% 81.516 54,18%

Total 1.499.999.994,99 100,00% 150.460 100,00%


Santander-Platz 1




Period No 16

15. Downpayment Monthly Period Nov 2017



Downpayment

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of


Percentage of Total

Loans

Downpayment /

Purchase Price in %

No Downpayment 560.933.789,29 37,40% 49.909 33,17% 0,00%

0: 999 54.678.550,34 3,65% 7.005 4,66% 5,09%

1000: 1999 120.406.028,62 8,03% 14.477 9,62% 10,57%

2000: 2999 138.512.889,25 9,23% 15.229 10,12% 15,95%

3000: 3999 119.046.052,97 7,94% 12.589 8,37% 20,74%

4000: 4999 89.376.039,38 5,96% 9.304 6,18% 25,13%

5000: 5999 107.151.314,37 7,14% 10.478 6,96% 27,87%

6000: 6999 61.127.516,72 4,08% 6.291 4,18% 32,68%

7000: 7999 48.489.712,23 3,23% 4.927 3,27% 35,73%

8000: 8999 39.196.866,61 2,61% 4.103 2,73% 38,86%

9000: 9999 21.642.562,36 1,44% 2.291 1,52% 42,21%

10000:10999 47.710.687,75 3,18% 4.573 3,04% 41,85%

11000:11999 14.598.297,10 0,97% 1.528 1,02% 46,23%

12000:12999 15.109.417,91 1,01% 1.610 1,07% 48,72%

13000:13999 9.932.048,55 0,66% 1.046 0,70% 50,75%

14000:14999 7.890.692,77 0,53% 857 0,57% 52,66%

15000:15999 13.569.017,61 0,90% 1.316 0,87% 51,81%

16000:16999 4.964.009,22 0,33% 524 0,35% 55,03%

17000:17999 4.044.340,50 0,27% 427 0,28% 56,63%

18000:18999 3.163.729,08 0,21% 346 0,23% 58,54%

19000:19999 1.845.236,18 0,12% 203 0,13% 59,65%

20000:20000 4.947.611,90 0,33% 409 0,27% 54,72%20001: 11.663.584,28 0,78% 1.018 0,68% 62,41%

Total 1.499.999.994,99 100,00% 150.460 100,00% 20,75%

Downpayment and

Purchase Price All Contracts

Contracts with

Downpayment

Average downpayment 3.397,67 € 5.084,12 €

Average Purchase Price 16.372,72 € 17.407,55 €

Mimimum Downpayment 100,00 €

Maximum Downpayment 93.000,00 €

Downpayment in % 20,75% 29,21%


Santander-Platz 1




Period No 16

16. Customer Yield Monthly Period Nov 2017



Yield Range*

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 0 722.605,75 0,05% 53 0,04%

1: 1 129.419.431,46 8,63% 9.944 6,61%

2: 2 306.402.159,41 20,43% 25.463 16,92%

3: 3 611.477.431,71 40,77% 57.008 37,89%

4: 4 287.756.946,76 19,18% 32.951 21,90%

5: 5 104.672.605,08 6,98% 15.070 10,02%

6: 6 39.156.263,24 2,61% 6.382 4,24%

7: 7 12.126.496,08 0,81% 2.163 1,44%

8: 8 5.428.694,94 0,36% 892 0,59%

9: 9 2.212.027,39 0,15% 422 0,28%

10:10 482.099,30 0,03% 90 0,06%11:11 143.233,87 0,01% 22 0,01%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Statistics in %

WA Interest 3,92%

*runs from .00 to .99


Santander-Platz 1




Period No 16

16.1 Customer Yield (Graph) Monthly Period Nov 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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Yield Range*


Santander-Platz 1




Period No 16

17. Seasoning Monthly Period Nov 2017



Seasoning in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 2 3.876.640,79 0,26% 290 0,19%

3: 5 50.317.760,85 3,35% 3.780 2,51%

6: 8 82.838.124,02 5,52% 6.604 4,39%

9:11 74.610.414,64 4,97% 6.056 4,02%

12:14 87.482.087,32 5,83% 7.658 5,09%

15:17 113.137.731,66 7,54% 10.036 6,67%

18:20 314.826.970,33 20,99% 29.965 19,92%

21:23 196.511.132,23 13,10% 19.545 12,99%

24:26 171.159.130,80 11,41% 17.612 11,71%

27:29 140.182.899,48 9,35% 15.227 10,12%

30:32 86.923.906,19 5,79% 10.065 6,69%

33:35 51.528.570,71 3,44% 6.194 4,12%

36:38 44.430.228,54 2,96% 5.531 3,68%

39:41 33.933.449,17 2,26% 4.141 2,75%

42:44 12.333.730,90 0,82% 1.587 1,05%

45:47 6.680.957,24 0,45% 911 0,61%

48:50 4.534.292,81 0,30% 576 0,38%

51:53 5.672.606,46 0,38% 865 0,57%

54:56 4.592.303,99 0,31% 817 0,54%

57:59 2.308.196,96 0,15% 397 0,26%

60:62 2.441.651,47 0,16% 408 0,27%

63:65 2.815.448,78 0,19% 504 0,33%

66:68 2.219.699,35 0,15% 426 0,28%

69:71 1.245.029,56 0,08% 263 0,17%

72:74 497.804,83 0,03% 114 0,08%

75:77 844.157,54 0,06% 203 0,13%

78:80 932.730,45 0,06% 243 0,16%81: 1.122.337,92 0,07% 442 0,29%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Statistics

WA Seasoning 21,99


Santander-Platz 1




Period No 16

17.1 Seasoning (Graph) Monthly Period Nov 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

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Seasoning in Months


Santander-Platz 1




Period No 16

18. Remaining Term Monthly Period Nov 2017



Remaining Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 6 16.569.639,62 1,10% 7.210 4,79%

7: 13 42.719.235,68 2,85% 10.168 6,76%

14: 20 83.993.254,65 5,60% 14.663 9,75%

21: 27 117.052.722,99 7,80% 15.398 10,23%

28: 34 197.392.916,03 13,16% 20.892 13,89%

35: 41 247.096.222,36 16,47% 22.311 14,83%

42: 48 177.036.714,52 11,80% 15.377 10,22%

49: 55 135.257.913,28 9,02% 11.044 7,34%

56: 62 111.216.299,27 7,41% 8.984 5,97%

63: 69 132.405.310,17 8,83% 9.742 6,47%

70: 76 103.175.803,02 6,88% 6.720 4,47%

77: 83 84.011.480,25 5,60% 5.083 3,38%

84: 90 38.709.873,46 2,58% 2.174 1,44%

91: 97 11.598.906,24 0,77% 614 0,41%

98:104 1.511.604,50 0,10% 68 0,05%105:107 252.098,95 0,02% 12 0,01%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Statistics

WA Remaining Term 46,25


Santander-Platz 1




Period No 16

18.1 Remaining Term (Graph) Monthly Period Nov 2017



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

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

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Remaining Term in Months


Santander-Platz 1




Period No 16

19. Original Term Monthly Period Nov 2017



Original Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 12 425.600,75 0,03% 203 0,13%

13: 25 14.187.684,45 0,95% 5.396 3,59%

26: 38 86.655.022,84 5,78% 17.973 11,95%

39: 51 255.372.944,57 17,02% 30.069 19,98%

52: 64 524.964.509,07 35,00% 46.813 31,11%

65: 77 138.014.275,86 9,20% 14.476 9,62%

78: 90 137.616.477,66 9,17% 10.770 7,16%

91:103 331.473.462,49 22,10% 24.173 16,07%

104:104 184.359,64 0,01% 10 0,01%

105: 11.105.657,66 0,74% 577 0,38%

Total 1.499.999.994,99 100,00% 150.460 100,00%

Statistics

WA Original Term 68,24


Santander-Platz 1




Period No 16

19.1 Original Term (Graph) Monthly Period Nov 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:

Cu

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Original Term in Months


Santander-Platz 1




Period No 16

20. Manufacturer Brands Monthly Period Nov 2017



Manufacturer

brands

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

1 162.890.255,94 10,86% 13.218 8,79%

2 143.725.507,94 9,58% 15.049 10,00%

3 142.431.255,09 9,50% 14.632 9,72%

4 135.840.572,31 9,06% 15.492 10,30%

5 115.640.783,62 7,71% 9.453 6,28%

6 115.159.337,89 7,68% 10.714 7,12%

7 71.274.667,24 4,75% 6.320 4,20%

8 60.071.147,08 4,00% 5.236 3,48%

9 58.456.376,23 3,90% 5.658 3,76%

10 58.269.287,41 3,88% 6.248 4,15%

11 50.649.962,00 3,38% 5.080 3,38%

12 38.669.778,93 2,58% 3.748 2,49%

13 34.942.614,20 2,33% 4.147 2,76%

14 32.867.565,34 2,19% 4.189 2,78%

15 31.626.700,80 2,11% 3.349 2,23%

1.252.515.812,02 83,50% 122.533 81,44%

TOP 15 manufacturer brands in alphabetical order:

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


Santander-Platz 1




Period No 16

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



Priority of Payments

Available Distribution Amount 68.740.830,52 €

Senior Expenses - 297,50 €

Interest Notes Class A - 1.329.264,00 €

Interest Notes Class B - 117.648,00 €

Replenishment - 47.536.725,05 €

Payments to Purchase Shortfall Account - 5,01 €

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 - 37.161,25 €

Principal Payments Subordinated Loan - - €

Payments to Seller = 4.719.729,71 €

Transaction Costs All notes Class A Class B Senior Expenses 297,50 €-

Interest accrued for the Period 1.446.912,00 €- 1.329.264,00 €- 117.648,00 €-

Cumulative Interest accrued 22.077.312,00 €- 20.282.256,00 €- 1.795.056,00 €-

Interest Payments 1.446.912,00 €- 1.329.264,00 €- 117.648,00 €-

Cumulative Interest Payments 22.077.312,00 €- 20.282.256,00 €- 1.795.056,00 €-

Interest accrued on Subordinated Loan for the Period 37.161,25 €-

Cumulative Interest accrued on Subordinated Loan 567.008,75 €-

Interest Payments on Subordinated Loan 37.161,25 €-

Cumulative Interest Payments on Subordinated Loan 567.008,75 €-

Unpaid Interest for the Period - €

Cumulative Unpaid Interest - €


Santander-Platz 1




Period No 16

22. Retention Monthly Period 01.11.2017



1.499.999.950,68 €

1.499.999.998,98 €

1.499.999.994,99 €

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 10.11.2017

Monthly Investor Report 13.11.2017

16

23. Counterparties Nov 2017

from 13.10.2017 to 13.11.2017 = 31 days

from 01.10.2017 to 31.10.2017

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 31.10.2017, 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 16

24. Issuer Information Monthly Period Nov 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 10.11.2017

Monthly Investor Report 13.11.2017

16

25. Santander Consumer Bank Nov 2017

from 13.10.2017 to 13.11.2017 = 31 days

from 01.10.2017 to 31.10.2017

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 31.10.2017, data source: Bloomberg

Collection Period

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period


S&PDBRS

Banco Santander S.A.

Santander Consumer Finance S.A.


Santander-Platz 1







Documents

SC Germany Auto 2016-2 Monthly Investor Report · 2020. 8. 5. · SC Germany Auto 2016-2 Reporting Date 10.11.2017 Monthly Investor Report Payment Date 13.11.2017 Period No 16 Cover