SC Germany Consumer 2017-1 Monthly Investor Report...SC Germany Consumer 2017-1 Reporting Date...

SC Germany Consumer 2017-1

Monthly Investor Report

SC Germany Consumer 2017-1 Reporting Date 09.01.2020

Monthly Investor Report Payment Date 13.01.2020

Period No 26

Cover Sheet Monthly Investor Report Monthly Period Jan 2020

Interest Period from 13.12.2019 to 13.01.2020 = 31 days

Collection Period from 01.12.2019 to 31.12.2019

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



Period No 26

1. Portfolio Information Monthly Period Jan 2020



current period previous period

Outstanding ReceivablesNo. of

Contracts

Aggregate Outstanding

Principal Amount

Aggregate Outstanding

Principal Amount

Beginning of Period 436.404.771,05€ 459.024.352,87€

Scheduled Principal Payments 11.644.980,07€

Prepayment Principal 7.554.023,32€

Total Principal Collections 19.199.003,39€ 22.111.934,76€

Total Interest Collections 2.061.605,18€ 2.188.268,83€

Defaults 804.788,95€ 507.647,06€

Replenishment Amount -€ -€

End of Period 62.532 416.400.978,71€ 436.404.771,05€

Purchase Shortfall Amount 1,22€ 14,70€

Total Assets (End of Period) 416.400.979,93€ 436.404.785,75€

Current Prepayment Rate (annualised) 18,9%


Santander-Platz 1




Period No 26

2. Reserve Accounts Monthly Period Jan 2020



Note BalanceBeginning of Period 436.404.785,75€

End of Period 416.400.979,93€

Reserve AccountsLiquidity Reserve in % Trigger Event y/n

Beginning of Period 0,5% 2.182.023,86€

Cash Outflow -€

Cash Inflow 100.018,97€

End of Period 0,5% 2.082.004,89€

Required Liquidity Reserve Fund 0,5% 2.082.004,89€

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-Platz 1




Period No 26

3. Performance Data Monthly Period Jan 2020



Note BalanceBeginning of Period 436.404.785,75€

End of Period 416.400.979,93€

Delinquency Data and Ratios3-MRA* /

current ratio Amount at risk Overdue amount

Number of

Loans

3-MRA* 31- 60 days past due 0,59%

31- 60 days past due period before previous period 2.633.302,04€ 97.255,28€ 260

31- 60 days past due previous period 2.567.888,83€ 97.663,29€ 255

31- 60 days past due current period 0,57% 2.490.166,62€ 95.568,49€ 244

3-MRA* 61-90 days past due 0,29%

61- 90 days past due period before previous period 1.409.390,85€ 90.459,90€ 144

61- 90 days past due previous period 1.130.222,15€ 77.627,51€ 132

61- 90 days past due current period 0,27% 1.196.550,50€ 80.304,74€ 138

3-MRA* 91-120 days past due 0,16%

91- 120 days past due period before previous period 593.886,43€ 58.779,40€ 80

91- 120 days past due previous period 842.693,36€ 72.532,08€ 82

91- 120 days past due current period 0,14% 598.269,58€ 62.121,68€ 74

Default Data and Ratios Amount Number of Loans

Current Default

Current Period Gross Default 804.788,95€

Current Period Recoveries 64.771,85€

Current Period Net Default 740.017,10€

New Number of Defaulted Contracts 75

Cumulative Default

Cumulative Gross Default 20.542.389,76€

Cumulative Recoveries 1.204.923,75€

Cumulative Net Default 19.337.466,01€

Total Number of Defaulted Contracts 1.624

3-MRA* /

current ratio Ratio

3-MRA* Annualised Loss Ratio (Neue Rechtsakten) 1,47%

Annualised Loss Ratio period before previous period 1,40%

Annualised Loss Ratio previous period 0,99%

Annualised Loss Ratio current period 2,03% 2,03%

Principial Deficiency

Principial Deficiency period before previous period -€

Principial Deficiency previous period -€

Principial Deficiency current period -€

* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 26

4. Concentration Limits Monthly Period Jan 2020



Current Transaction Status Amortizing

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

Average Yield (applicable for Total Portfolio) 5,90% - - 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 November 2018 1,80% no

Purchase Shortfall Event no

Period before previous period

Previous period

Current period

Principal Deficiency Event no


Santander-Platz 1




Period No 26

5. Outstanding Notes Monthly Period Jan 2020



1. Note Balance All notes Class A Class B Class C Class D Class EGeneral Note Information

ISIN Code XS1718425223 XS1718434720 XS1718436345 XS1718436691 XS1718439364

Currency EUR EUR EUR EUR EUR

Initial Tranching in % 83,8% 6,3% 4,0% 1,5% 4,4%

Legal Maturity Nov 2030 Nov 2030 Nov 2030 Nov 2030 Nov 2030

Expected Maturity Okt 2021 Jun 2022 Jun 2022 Jun 2022 Jun 2022

Original Rating (DBRS / S&P) AA (sf) / AA (sf) A (sf) / A (sf) BBB (sf) / BBB(sf) BB high (sf) / BB (sf) Not rated

Current Rating (DBRS / S&P)* AA (sf) / AA (sf) A (sf) / A (sf) BBB (sf) / BBB(sf) BB high (sf) / BB (sf) Not rated

Initial Notes Aggregate Principal Outstanding Balance 850.000.000,00 € 712.300.000,00 € 53.200.000,00 € 33.600.000,00 € 13.100.000,00 € 37.800.000,00 €

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 7.123 532 336 131 378

Current Note Information

Class Principal Outstanding Balance Beginning of Period 436.404.785,75 € 298.704.785,75 € 53.200.000,00 € 33.600.000,00 € 13.100.000,00 € 37.800.000,00 €

Available Distribution Amount 21.325.395,12 €

Replenishment 0,00 €

Amortisation 20.003.805,82 €

Redemption per Class 20.003.805,82 € 20.003.805,82 € 0,00 € 0,00 € 0,00 € 0,00 €

Redemption per Note 2.808,34 € 0,00 € 0,00 € 0,00 € 0,00 €

Class Principal Outstanding Balance End of Period 416.400.979,93 € 278.700.979,93 € 53.200.000,00 € 33.600.000,00 € 13.100.000,00 € 37.800.000,00 €

Current Tranching 66,9% 12,8% 8,1% 3,1% 9,1%

Current Pool Factor 0,39 1,00 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 -0,456% 0,150% 0,750% 1,000% +324 bps +624 bps

DayCount Convention 31 act/360 act/360 act/360 act/360 act/360

Interest Days

Principal Outstanding per Note Beginning of Period 41.935,25 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €

> Principal Repayment per Note 2.808,34 € 0,00 € 0,00 € 0,00 € 0,00 €

Principal Outstanding per Note End of Period 39.126,91 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €

> Interest accrued for the period 38.606,66 € 34.356,56 € 28.932,96 € 31.404,63 € 188.270,46 €

Interest Payment 38.606,66 € 34.356,56 € 28.932,96 € 31.404,63 € 188.270,46 €

Interest Payment per Note 5,42 € 64,58 € 86,11 € 239,73 € 498,07 €

3. Credit Enhancements Class A Class B Class C Class D Class EInitial total CE (Subordination, Reserve) 16,2% 9,9% 6,0% 4,4% 0,0%

Current CE (incl. Excess Spread) 38,3% 25,5% 17,4% 14,3% 5,2%

Current CE (excl. Excess Spread) 33,1% 20,3% 12,2% 9,1% 0,0%

* Last rating action as of 28.11.2017


Santander-Platz 1




Period No 26

6. Original Principal Balance Monthly Period Jan 2020



Original Principal

Balance (Ranges in

EUR)

Original Principal

Balance in EUR

Percentage of

Total Balance Number of Loans

Percentage of Total

Loans

0: 1999 5.077.314,68 0,68% 4.298 6,87%

2000: 3999 34.612.259,80 4,63% 12.027 19,23%

4000: 5999 51.985.701,75 6,95% 10.648 17,03%

6000: 7999 37.654.923,90 5,03% 5.517 8,82%

8000: 9999 34.441.252,96 4,60% 3.907 6,25%

10000: 11999 54.982.856,22 7,35% 5.161 8,25%

12000: 13999 39.156.427,44 5,23% 3.053 4,88%

14000: 15999 40.939.307,04 5,47% 2.735 4,37%

16000: 17999 32.982.925,43 4,41% 1.946 3,11%

18000: 19999 29.552.110,61 3,95% 1.561 2,50%

20000: 21999 30.756.544,61 4,11% 1.469 2,35%

22000: 23999 30.124.812,67 4,03% 1.311 2,10%

24000: 25999 30.573.319,61 4,09% 1.225 1,96%

26000: 27999 28.248.881,12 3,78% 1.048 1,68%

28000: 29999 28.012.560,69 3,74% 967 1,55%

30000: 31999 23.671.567,79 3,16% 767 1,23%

32000: 33999 22.439.057,64 3,00% 681 1,09%

34000: 35999 20.996.540,38 2,81% 600 0,96%

36000: 37999 17.207.805,48 2,30% 466 0,75%

38000: 39999 16.489.135,78 2,20% 423 0,68%

40000: 41999 15.272.962,65 2,04% 373 0,60%

42000: 43999 14.131.501,04 1,89% 329 0,53%

44000: 45999 13.141.844,45 1,76% 292 0,47%

46000: 47999 13.210.349,70 1,77% 281 0,45%

48000: 49999 11.603.317,14 1,55% 237 0,38%

50000: 51999 11.920.902,09 1,59% 234 0,37%

52000: 53999 9.326.425,05 1,25% 176 0,28%

54000: 55999 9.243.177,25 1,24% 168 0,27%

56000: 57999 8.014.524,95 1,07% 141 0,23%

58000: 59999 6.899.091,70 0,92% 117 0,19%

60000: 61999 5.246.980,25 0,70% 86 0,14%

62000: 63999 3.593.890,20 0,48% 57 0,09%

64000: 65999 3.044.904,80 0,41% 47 0,08%

66000: 67999 2.279.343,40 0,30% 34 0,05%

68000: 69999 2.348.868,47 0,31% 34 0,05%

70000: 71999 1.842.375,90 0,25% 26 0,04%

72000: 73999 1.024.412,00 0,14% 14 0,02%

74000: 75999 1.121.791,89 0,15% 15 0,02%

76000: 77999 693.936,20 0,09% 9 0,01%

78000: 79999 949.128,98 0,13% 12 0,02%

80000: 81999 807.406,91 0,11% 10 0,02%

82000: 83999 663.980,47 0,09% 8 0,01%

84000: 85999 424.815,74 0,06% 5 0,01%

86000: 87999 345.500,94 0,05% 4 0,01%

88000: 89999 445.099,61 0,06% 5 0,01%

90000: 91999 181.020,68 0,02% 2 0,00%

92000: 93999 370.435,61 0,05% 4 0,01%

94000: 95999 95.563,69 0,01% 1 0,00% 98000: 99999 98.450,02 0,01% 1 0,00%

Total 748.247.307,38 100,00% 62.532 100,00%

Statistics in EUR

Average Amount 11.965,83


Santander-Platz 1




Period No 26

6.1 Original PB (Graph) Monthly Period Jan 2020



0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

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Santander-Platz 1




Period No 26

7. Current Principal Balance Monthly Period Jan 2020



Current Principal

Balance (Ranges in

EUR)

Current Principal

Balance in EUR

Percentage of Total

Balance Number of Loans

Percentage of Total

Loans

0: 1999 19.246.633,75 4,62% 23.419 37,45%

2000: 3999 32.152.303,14 7,72% 11.124 17,79%

4000: 5999 30.149.362,17 7,24% 6.091 9,74%

6000: 7999 31.961.450,89 7,68% 4.606 7,37%

8000: 9999 30.140.892,64 7,24% 3.367 5,38%

10000:11999 27.362.472,28 6,57% 2.499 4,00%

12000:13999 25.962.184,57 6,23% 2.005 3,21%

14000:15999 25.887.362,67 6,22% 1.728 2,76%

16000:17999 23.853.950,30 5,73% 1.405 2,25%

18000:19999 22.051.978,57 5,30% 1.162 1,86%

20000:21999 20.157.123,12 4,84% 960 1,54%

22000:23999 18.133.180,43 4,35% 790 1,26%

24000:25999 15.564.649,98 3,74% 623 1,00%

26000:27999 13.869.482,61 3,33% 514 0,82%

28000:29999 11.930.257,30 2,87% 412 0,66%

30000:31999 12.150.154,97 2,92% 393 0,63%

32000:33999 10.040.910,12 2,41% 305 0,49%

34000:35999 9.757.923,14 2,34% 279 0,45%

36000:37999 8.071.352,50 1,94% 218 0,35%

38000:39999 6.928.917,90 1,66% 178 0,28%

40000:41999 5.569.116,46 1,34% 136 0,22%

42000:43999 3.877.578,86 0,93% 90 0,14%

44000:45999 2.385.345,78 0,57% 53 0,08%

46000:47999 2.062.650,83 0,50% 44 0,07%

48000:49999 1.564.608,87 0,38% 32 0,05%

50000:51999 1.422.110,59 0,34% 28 0,04%

52000:53999 901.345,77 0,22% 17 0,03%

54000:55999 822.922,35 0,20% 15 0,02%

56000:57999 628.788,70 0,15% 11 0,02%

58000:59999 295.638,82 0,07% 5 0,01%

60000:61999 426.454,02 0,10% 7 0,01%

62000:63999 253.010,20 0,06% 4 0,01%

64000:65999 323.274,29 0,08% 5 0,01%

66000:67999 67.598,41 0,02% 1 0,00%

68000:69999 139.197,90 0,03% 2 0,00%

70000:71999 212.109,28 0,05% 3 0,00%76000:77999 76.684,53 0,02% 1 0,00%

Total 416.400.978,71 100,00% 62.532 100,00%

Statistics in EUR

Average Amount 6.659,01


Santander-Platz 1




Period No 26

7.1 Current PB (Graph) Monthly Period Jan 2020



0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

35.000.000

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Santander-Platz 1




Period No 26

8. Borrower Concentration Monthly Period Jan 2020



No

Current Principal

Balance in EUR

Percentage of Total


1 76.684,53 0,0184% 1

2 70.989,29 0,0170% 1

3 70.883,12 0,0170% 1

4 70.236,87 0,0169% 1

5 69.850,08 0,0168% 1

6 69.347,82 0,0167% 1

7 67.598,41 0,0162% 1

8 65.811,69 0,0158% 1

9 65.323,23 0,0157% 1

10 64.068,69 0,0154% 1

11 64.036,38 0,0154% 1

12 64.034,30 0,0154% 1

13 63.825,78 0,0153% 1

14 63.808,47 0,0153% 1

15 63.372,45 0,0152% 1

16 62.003,50 0,0149% 1

17 61.733,05 0,0148% 1

18 61.404,30 0,0147% 1

19 60.924,91 0,0146% 1

20 60.889,33 0,0146% 1

21 60.575,17 0,0145% 1

22 60.486,76 0,0145% 1

23 60.440,50 0,0145% 1

24 59.746,33 0,0143% 1

25 59.504,80 0,0143% 1

1.617.579,76 0,3885% 25


Santander-Platz 1




Period No 26

9. Geographical Distribution Monthly Period Jan 2020



State

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Baden-Württemberg 47.091.098,20 11,31% 7.176 11,48%

Bayern 46.302.652,81 11,12% 7.493 11,98%

Berlin 18.933.676,20 4,55% 2.932 4,69%

Brandenburg 18.570.941,38 4,46% 2.830 4,53%

Bremen 3.161.453,53 0,76% 462 0,74%

Hamburg 7.106.676,54 1,71% 1.110 1,78%

Hessen 29.103.634,78 6,99% 4.344 6,95%

Mecklenburg-Vorpommern 15.416.748,51 3,70% 2.147 3,43%

Niedersachsen 41.502.523,22 9,97% 6.124 9,79%

Nordrhein-Westfalen 94.766.411,68 22,76% 13.678 21,87%

Rheinland-Pfalz 21.111.276,88 5,07% 2.996 4,79%

Saarland 6.166.532,54 1,48% 833 1,33%

Sachsen 21.065.111,64 5,06% 3.406 5,45%

Sachsen-Anhalt 18.468.813,00 4,44% 2.578 4,12%

Schleswig-Holstein 12.403.944,52 2,98% 2.128 3,40%

Thüringen 14.604.280,46 3,51% 2.219 3,55%

n/a 625.202,82 0,15% 76 0,12%

Total 416.400.978,71 100,00% 62.532 100,00%


Santander-Platz 1




Period No 26

9.1 Geographical Distribution (Graph) Monthly Period Jan 2020



0

10.000.000

20.000.000

30.000.000

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90.000.000

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Santander-Platz 1




Period No 26

10. Collateral Monthly Period Jan 2020



Collateral

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loanssecured 92.792.811,37 22,28% 5.425 8,68%unsecured 323.608.167,34 77,72% 57.107 91,32%

Total 416.400.978,71 100,00% 62.532 100,00%


Santander-Platz 1




Period No 26

11. Insurances Monthly Period Jan 2020



Payment Protection

Insurance

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 82.900.009,01 19,91% 24.986 39,96%Yes 333.500.969,70 80,09% 37.546 60,04%

Total 416.400.978,71 100,00% 62.532 100,00%


Santander-Platz 1




Period No 26

12. Payment Methods Monthly Period Jan 2020



Payment Method

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

LoansDirect Debit 402.135.940,05 96,57% 61.166 97,82%Other 14.265.038,66 3,43% 1.366 2,18%

Total 416.400.978,71 100,00% 62.532 100,00%

Cycle of Payment

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans15th of month 123.740.430,38 29,72% 18.367 29,37%1st of month 292.660.548,33 70,28% 44.165 70,63%

Total 416.400.978,71 100,00% 62.532 100,00%


Santander-Platz 1




Period No 26

13. Effective Interest Rate Monthly Period Jan 2020



Yield Range*

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans 0: 0 325.732,51 0,08% 1.868 2,99%

1: 1 4.501.913,92 1,08% 6.303 10,08%

2: 2 26.630.827,53 6,40% 9.749 15,59%

3: 3 59.032.961,45 14,18% 11.581 18,52%

4: 4 53.710.481,08 12,90% 6.644 10,62%

5: 5 65.354.860,21 15,70% 7.058 11,29%

6: 6 60.278.243,12 14,48% 5.836 9,33%

7: 7 98.963.444,70 23,77% 8.446 13,51%

8: 8 30.700.535,72 7,37% 3.147 5,03%

9: 9 14.781.833,30 3,55% 1.614 2,58%

10:10 1.840.104,49 0,44% 236 0,38%

11:11 252.114,59 0,06% 37 0,06%

12:12 15.014,06 0,00% 10 0,02%

13:13 5.726,96 0,00% 2 0,00%14:14 7.185,07 0,00% 1 0,00%

Total 416.400.978,71 100,00% 62.532 100,00%

Statistics in %

WA Interest 6,17%

*runs from .00 to .99


Santander-Platz 1




Period No 26

13.1 Effective Interest Rate (Graph) Monthly Period Jan 2020



*runs from .00 to .99

0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

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 13:13 14:14

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Yield Range*


Santander-Platz 1




Period No 26

14. Seasoning Monthly Period Jan 2020



Seasoning in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans15:17 1.521.413,51 0,37% 232 0,37%

18:20 14.681.002,00 3,53% 2.179 3,48%

21:23 25.077.697,48 6,02% 3.999 6,40%

24:26 27.918.916,11 6,70% 4.562 7,30%

27:29 72.865.849,34 17,50% 10.383 16,60%

30:32 83.832.473,57 20,13% 12.709 20,32%

33:35 73.729.527,07 17,71% 12.209 19,52%

36:38 40.835.195,21 9,81% 5.804 9,28%

39:41 38.029.478,42 9,13% 5.073 8,11%

42:44 16.364.309,16 3,93% 2.268 3,63%

45:47 10.602.900,98 2,55% 1.464 2,34%

48:50 4.465.975,47 1,07% 631 1,01%

51:53 2.509.938,77 0,60% 347 0,55%

54:56 1.130.540,95 0,27% 172 0,28%

57:59 807.407,12 0,19% 147 0,24%

60:62 714.918,29 0,17% 110 0,18%

63:65 566.779,31 0,14% 104 0,17%

66:68 337.270,40 0,08% 63 0,10%

69:71 172.061,90 0,04% 20 0,03%

72:74 40.153,60 0,01% 5 0,01%

75:77 7.886,96 0,00% 5 0,01%

78:80 53.673,43 0,01% 6 0,01%81: 135.609,66 0,03% 40 0,06%

Total 416.400.978,71 100,00% 62.532 100,00%

Statistics

WA Seasoning 32,50


Santander-Platz 1




Period No 26

14.1 Seasoning (Graph) Monthly Period Jan 2020



0

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70.000.000

80.000.000

90.000.000

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:

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Seasoning in Months


Santander-Platz 1




Period No 26

15. Remaining Term Monthly Period Jan 2020



Remaining Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans 0: 6 4.102.718,78 0,99% 9.459 15,13%

7: 13 12.440.296,56 2,99% 8.701 13,91%

14: 20 20.412.612,67 4,90% 7.204 11,52%

21: 27 27.789.973,15 6,67% 6.047 9,67%

28: 34 38.886.234,01 9,34% 6.103 9,76%

35: 41 44.187.747,67 10,61% 4.835 7,73%

42: 48 48.200.244,34 11,58% 4.569 7,31%

49: 55 51.236.182,21 12,30% 4.396 7,03%

56: 62 60.369.266,32 14,50% 4.568 7,31%

63: 69 72.004.842,69 17,29% 4.635 7,41%

70: 76 28.793.131,98 6,91% 1.602 2,56%

77: 83 7.555.248,90 1,81% 393 0,63%

84: 90 309.201,58 0,07% 14 0,02%

91: 97 70.165,59 0,02% 4 0,01%

98:104 20.858,06 0,01% 1 0,00%109: 22.254,20 0,01% 1 0,00%

Total 416.400.978,71 100,00% 62.532 100,00%

Statistics

WA Remaining Term 47,84


Santander-Platz 1




Period No 26

15.1 Remaining Term (Graph) Monthly Period Jan 2020



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

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 98:104 109:

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Remaining Term in Months


Santander-Platz 1




Period No 26

16. Original Term Monthly Period Jan 2020



Original Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans 7: 13 30,97 0,00% 5 0,01%

14: 20 6.344,41 0,00% 55 0,09%

21: 27 676.889,70 0,16% 1.301 2,08%

28: 34 471.278,64 0,11% 637 1,02%

35: 41 11.793.138,41 2,83% 13.762 22,01%

42: 48 4.258.372,80 1,02% 1.765 2,82%

49: 55 26.494.602,17 6,36% 9.286 14,85%

56: 62 51.718.527,04 12,42% 9.852 15,76%

63: 69 17.577.389,00 4,22% 1.744 2,79%

70: 76 50.180.870,45 12,05% 5.346 8,55%

77: 83 21.487.006,71 5,16% 1.363 2,18%

84: 90 77.420.439,45 18,59% 7.638 12,21%

91: 97 77.452.690,21 18,60% 5.217 8,34%

98:104 72.426.935,00 17,39% 4.349 6,95%

105:111 3.645.896,84 0,88% 171 0,27%

112:118 600.586,62 0,14% 29 0,05%

119: 189.980,29 0,05% 12 0,02%

Total 416.400.978,71 100,00% 62.532 100,00%

Statistics

WA Original Term 80,33


Santander-Platz 1




Period No 26

16.1 Original Term (Graph) Monthly Period Jan 2020



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

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 98:104 105:111 112:118 119:

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Original Term in Months


Santander-Platz 1




Period No 26

17. Loan Concentration Monthly Period Jan 2020



Loan Concentration

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans Number of Debtors

Percentage of Total

Debtors

1: 1 412.082.647,34 98,96% 60.876 97,35% 60.876 98,73%

2: 2 4.062.783,78 0,98% 1.440 2,30% 720 1,17%

3: 3 183.488,14 0,04% 150 0,24% 50 0,08%

4: 4 61.710,04 0,01% 44 0,07% 11 0,02%

5: 5 7.854,52 0,00% 10 0,02% 2 0,00% 6: 6 2.494,89 0,00% 12 0,02% 2 0,00%

Total 416.400.978,71 100,00% 62.532 100,00% 61.661 100,00%


Santander-Platz 1




Period No 26

18. Priority of Payments + Transaction Costs Monthly Period Jan 2020



Priority of Payments

Available Distribution Amount 21.325.395,12 €

Senior Expenses - 20.230,00 €

Net Swap Payments - 19.942,90 €

Interest Notes Class A - 38.606,66 €

Interest Notes Class B - 34.356,56 €

Interest Notes Class C - 28.932,96 €

Interest Notes Class D - 31.404,63 €

Interest Notes Class E - 188.270,46 €

Replenishment - - €

Payments to Purchase Shortfall Account - 1,22 €

Principal Payments Class A - 20.003.805,82 €

Principal Payments Class B - - €

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

Swap Termination Payment n/a

Interest Liquidity/Commingling/Set-Off 18,79 €

Payments to Seller = 959.825,12 €

Transaction Costs All notes Class A Class B Class C Class D Class E Senior Expenses 20.230,00 €-

Interest accrued for the Period 321.571,27 €- 38.606,66 €- 34.356,56 €- 28.932,96 €- 31.404,63 €- 188.270,46 €-

Cumulative Interest accrued 9.065.598,39 €- 1.904.975,12 €- 860.057,80 €- 724.268,16 €- 806.046,93 €- 4.770.250,38 €-

Interest Payments 321.571,27 €- 38.606,66 €- 34.356,56 €- 28.932,96 €- 31.404,63 €- 188.270,46 €-

Cumulative Interest Payments 9.065.598,39 €- 1.904.975,12 €- 860.057,80 €- 724.268,16 €- 806.046,93 €- 4.770.250,38 €-

Unpaid Interest for the Period - €

Cumulative Unpaid Interest - €


Santander-Platz 1




Period No 26

19. Swap Counterparty Monthly Period Jan 2020



Swap Counterparty Swap Counterparty DZ Bank AG

Swap Rating Trigger Breach no

Rating Trigger & Current RatingsConsequenses

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

Trigger

breach

1st Rating Trigger

Collateral, Guarantee

or Replacement BBB - BB - no

Current Counterparty Ratings AH R-1M POS AA- A-1+ NEG

Current Swap Data Swap Counterparty Details Counterparty Replacement Swap Type Fixed Floating Interest Rate Swap DZ Bank AG Old Counterparty DZ Bank AG

Notional Amount 50.899.985,30 € Kapitalmärkte Handel / ABS-Emissionen Current Counterparty DZ Bank AG

Fixed Rate -0,0010% Platz der Republik

Floating Rate (Euribor) -0,4560% 60265 Frankfurt am Main

Net Swap Payments -19.942,90 € Germany

Notional Amount next period 50.899.998,78 € Phone +49 69 7447 4341

Email: [email protected]

Ratings as of 31.12.2019, data source: Bloomberg

DBRS S & P


Santander-Platz 1




Period No 26

20. Retention Monthly Period Jan 2020



Outstanding Balance of the Class A Notes as of the Offer Date: 712.300.000,00 €

712.300.000,00 €

278.700.979,93 €

278.700.979,93 €

Outstanding Balance of the Class B Notes as of the Offer Date: 53.200.000,00 €

53.200.000,00 €

Outstanding Balance of the Class B Notes as of the end of the Monthly Period: 53.200.000,00 €

53.200.000,00 €

Outstanding Balance of the Class C Notes as of the Offer Date: 33.600.000,00 €

33.600.000,00 €

Outstanding Balance of the Class C Notes as of the end of the Monthly Period: 33.600.000,00 €

33.600.000,00 €

Outstanding Balance of the Class D Notes as of the Offer Date: 13.100.000,00 €

700.000,00 €

Outstanding Balance of the Class D Notes as of the end of the Monthly Period: 13.100.000,00 €

700.000,00 €

Outstanding Balance of the Class E Notes as of the Offer Date: 37.800.000,00 €

19.400.000,00 €

Outstanding Balance of the Class E Notes as of the end of the Monthly Period: 37.800.000,00 €

19.400.000,00 €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 2017-1 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-Platz 1


SC Germany Consumer 2017-1 09.01.2020

Monthly Investor Report 13.01.2020

26

21. Counterparties Jan 2020

from 13.12.2019 to 13.01.2020 = 31 days

from 01.12.2019 to 31.12.2019

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

Counterparty

status

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 STABLE performing

Santander Global Banking and Markets

2 Triton Square

Regent's Place

London NW1 3AN

United Kingdom

Paying Agent: HSBC Bank plc - - - AA- A-1+ NEG performing

Level 28, 8 Canada Square

London E14 5HQ

United Kingdom

Transaction Account: HSBC Bank plc - - - AA- A-1+ NEG performing

Level 28, 8 Canada Square

London E14 5HQ

United Kingdom

Transaction Security Trustee: TMF Trustee Limited - - - - - - performing

6 St Andrew Street

London EC4A 3AE

United Kingdom

Data Trustee: TMF Deutschland AG - - - - - - performing

Eschenheimer Anlage 1

60316 Frankfurt am Main

Germany

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


DBRS S & P

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

Collection Period


Santander-Platz 1




Period No 26

22. Issuer Information Monthly Period 01.01.2020



Deal Name: SC Germany Consumer 2017-1

Issuer: SC Germany Consumer 2017-1 UG (haftungsbeschränkt)

The Managing Directors

Steinweg 3-5


Germany

eMail [email protected]

fax +49 (0) 69 2992 5387

LEI: 5299009N4WFEF18HYJ45

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 (0) 2161 690 7077

SPV-Administrator: Wilmington Trust SP Services (Frankfurt) GmbH

Steinweg 3-5


Germany


fax +49 (0) 69 2992 5387


Santander-Platz 1




26

23. Santander Consumer Bank Jan 2020

from 13.12.2019 to 13.01.2020 = 31 days

from 01.12.2019 to 31.12.2019

Contact DetailsCapital Markets

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

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 STABLE

- - - A- A-2 STABLE

- - - A- A-2 STABLE



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-Platz 1


mailto:[email protected]

mailto:[email protected]



26

24. Glossary Jan 2020

from 13.12.2019 to 13.01.2020 = 31 days

from 01.12.2019 to 31.12.2019

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

SC Germany Consumer 2017-1 Monthly Investor Report...SC Germany Consumer 2017-1 Reporting Date...

Documents

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