SC Germany Auto 2014-2
Monthly Investor Report
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
Cover Sheet Monthly Investor Report Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
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. Effective Interest Rate 19
16.1. Effective Interest Rate (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
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
1. Portfolio Information Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
current period previous period
Outstanding ReceivablesNo. of
Contracts
Aggregate Outstanding
Principal Amount
Aggregate Outstanding
Principal Amount
Beginning of Period 262.142 1.940.276.553,29 € 2.027.597.950,46 €
Scheduled Principal Payments 58.179.494,82 €
Prepayment Principal 34.014.201,40 €
Others 1.785.427,23 €
Total Principal Collections 93.979.123,45 € 86.929.292,36 €
Total Interest Collections 8.606.811,74 € 8.681.257,24 €
Defaults 542.632,72 € 392.104,81 €
Replenishment Amount - € - €
End of Period 251.575 1.845.754.797,12 € 1.940.276.553,29 €
Purchase Shortfall Amount 17,88 € 11,71 €
Total Assets (End of Period) 1.845.754.815,00 € 1.940.276.565,00 €
Current Prepayment Rate (annualised) 19,1%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
2. Reserve Accounts Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Note BalanceBeginning of Period 1.940.276.565,00 €
End of Period 1.845.754.815,00 €
Reserve AccountsReserve Account in % Trigger Event y/n
Beginning of Period 1,55% 30.000.000,00 €
Cash Outflow - €
Cash Inflow - €
End of Period 1,63% 30.000.000,00 €
Required Reserve Fund 1,63% 30.000.000,00 €
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 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 Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
3. Delinquency Data Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Note BalanceBeginning of Period 1.940.276.565,00 €
End of Period 1.845.754.815,00 €
Delinquency Data and Ratios3-MRA* /
current ratio Amount at risk Overdue amount
Number of
Loans
3-MRA* 1- 30 days past due 0,28%
1- 30 days past due period before previous period 6.262.451,20 € 639.813,09 € 742
1- 30 days past due previous period 4.568.661,30 € 482.361,86 € 544
1- 30 days past due current period 0,27% 5.274.043,71 € 580.801,63 € 639
3-MRA* 31- 60 days past due 0,23%
31- 60 days past due period before previous period 4.473.926,97 € 331.517,19 € 522
31- 60 days past due previous period 5.098.788,63 € 491.597,96 € 625
31- 60 days past due current period 0,20% 3.832.022,55 € 326.812,65 € 504
3-MRA* 61-90 days past due 0,10%
61- 90 days past due period before previous period 1.866.107,62 € 165.574,37 € 237
61- 90 days past due previous period 1.901.594,26 € 173.901,02 € 230
61- 90 days past due current period 0,11% 2.101.334,34 € 265.110,49 € 261
3-MRA* 91-120 days past due 0,06%
91- 120 days past due period before previous period 1.430.690,10 € 147.771,52 € 162
91- 120 days past due previous period 1.004.668,30 € 126.847,24 € 135
91- 120 days past due current period 0,06% 1.157.156,49 € 146.883,84 € 141
3-MRA* 121-150 days past due 0,03%
121- 150 days past due period before previous period 484.033,66 € 70.412,61 € 53
121- 150 days past due previous period 851.053,79 € 94.892,92 € 82
121- 150 days past due current period 0,03% 503.734,90 € 82.016,75 € 73
3-MRA* 151-180 days past due 0,04%
151- 180 days past due period before previous period 828.661,98 € 188.647,06 € 91
151- 180 days past due previous period 666.483,42 € 173.045,33 € 79
151- 180 days past due current period 0,05% 987.495,38 € 217.222,34 € 99
* 3-MRA stands for three months rolling average
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
4. Default Data Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Note BalanceBeginning of Period 1.940.276.565,00 €
End of Period 1.845.754.815,00 €
Default Data and Ratios Amount Number of Loans
Current Default
Current Period Gross Default 542.632,72 €
Current Period Recoveries 206.206,09 €
Current Period Net Default 336.426,63 €
New Number of Defaulted Contracts 78
Cumulative Default
Cumulative Gross Default 28.545.438,73 €
Cumulative Recoveries 6.163.594,05 €
Cumulative Net Default 22.381.844,68 €
Total Number of Defaulted Contracts 4.026
3-MRA* /
current ratio Ratio
3-MRA* Annualised Net Default Ratio (New Default) 0,17%
Annualised Loss Ratio period before previous period 0,18%
Annualised Loss Ratio previous period 0,11%
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
5. Concentration Limits Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Current Transaction Status Amortizing
Portfolio Concentrations Minimum-Trigger Maximum-Trigger Current Value Trigger Breach
New Vehicles (applicable for Replenishment Portfolio) 35,00% - - -
Average Yield (applicable for Total Portfolio) 4,25% - - -
Contracts with Balloon Rates (applicable for Total Portfolio) - 30,00% - -
Remaining Term (applicable for Total Portfolio) - 62,50 - -
Online Business (applicable for Total Portfolio) - 10,00% - -
Loans with Original Term of more than 90 months (applicable for Total Portfolio) - 37,00% - -
Early Amortisation Events Maximum-Trigger Current Value Trigger Breach
Cumulative Loss Ratio
- prior to or on 31 August 2015 0,75% - -
- prior to or on 31 August 2016 1,20% - -
- prior to or on 31 August 2017 1,80% - -
- prior to or on 31 August 2018 2,25% - -
Purchase Shortfall Event -
Period before previous period -
Previous period -
Current period -
Principal Deficiency Event -
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
6. Outstanding Notes Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
1. Note Balance All notes Class A Class BGeneral Note Information
ISIN Code XS1107063676 XS1107063593
Currency EUR EUR
Initial Tranching in % 96,50% 3,50%
Legal Maturity Aug 2030 Aug 2030
Expected Maturity Jul 2022 Jul 2022
Original Rating (DBRS / S&P) A(sf) / A(sf) Not rated
Current Rating (DBRS / S&P)* AA (low) (sf) / A(sf) Not rated
Initial Notes Aggregate Principal Outstanding Balance 3.000.000.000,00 € 2.895.000.000,00 € 105.000.000,00 €
Initial Nominal per Note 100.000,00 € 100.000,00 €
Initial Number of Notes per Class 28.950 1.050
Current Note Information
Class Principal Outstanding Balance Beginning of Period 1.940.276.565,00 € 1.835.276.565,00 € 105.000.000,00 €
Available Distribution Amount 132.792.152,99 €
Replenishment 0,00 €
Amortisation 94.521.750,00 €
Redemption per Class 94.521.750,00 € 94.521.750,00 € 0,00 €
Redemption per Note 3.265,00 € 0,00 €
Class Principal Outstanding Balance End of Period 1.845.754.815,00 € 1.740.754.815,00 € 105.000.000,00 €
Current Tranching 94,31% 5,69%
Current Pool Factor 0,60 1,00
2. Payments to Investors per Note All notes Class A Class B Interest Rate Basis: Fixed 1,209% 2,505%
DayCount Convention act/360 act/360
Interest Days 32
Principal Outstanding per Note Beginning of Period 63.394,70 € 100.000,00 €
> Principal Repayment per Note 3.265,00 € 0,00 €
Principal Outstanding per Note End of Period 60.129,70 € 100.000,00 €
> Interest accrued for the period 1.972.363,50 € 233.803,50 €
Interest Payment 1.972.363,50 € 233.803,50 €
Interest Payment per Note 68,13 € 222,67 €
3. Credit Enhancements Class A Class B Initial total CE (Subordination, Reserve) 4,50% 1,00%
Current CE (incl. Excess Spread) 10,20% 4,51%
Current CE (excl. Excess Spread) 7,31% 1,63%
* Last rating action as of 26.06.2019
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
7. Original Principal Balance Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Original Principal Balance
(Ranges in EUR)
Original Principal
Balance in EUR
Percentage of
Total Balance Number of Loans
Percentage of Total
Loans
0: 999 11.022,23 0,00% 13 0,01%
1000: 1999 654.595,10 0,02% 395 0,16%
2000: 2999 4.743.902,22 0,13% 1.845 0,73%
3000: 3999 15.295.812,91 0,42% 4.343 1,73%
4000: 4999 32.264.017,69 0,89% 7.150 2,84%
5000: 5999 55.869.041,02 1,55% 10.151 4,03%
6000: 6999 77.469.429,28 2,14% 11.880 4,72%
7000: 7999 98.807.398,74 2,73% 13.150 5,23%
8000: 8999 122.044.006,89 3,38% 14.338 5,70%
9000: 9999 142.320.517,00 3,94% 14.954 5,94%
10000:10999 180.602.717,16 5,00% 17.196 6,84%
11000:11999 180.784.601,13 5,00% 15.719 6,25%
12000:12999 184.687.198,43 5,11% 14.773 5,87%
13000:13999 190.329.325,44 5,27% 14.106 5,61%
14000:14999 187.952.517,50 5,20% 12.964 5,15%
15000:15999 191.643.706,19 5,30% 12.368 4,92%
16000:16999 183.962.453,46 5,09% 11.153 4,43%
17000:17999 168.352.126,56 4,66% 9.621 3,82%
18000:18999 159.017.609,51 4,40% 8.602 3,42%
19000:19999 147.062.159,98 4,07% 7.546 3,00%
20000:20999 144.196.363,15 3,99% 7.046 2,80%
21000:21999 138.688.958,59 3,84% 6.453 2,57%
22000:22999 118.620.706,35 3,28% 5.274 2,10%
23000:23999 103.724.153,80 2,87% 4.415 1,75%
24000:24999 96.553.106,34 2,67% 3.943 1,57%
25000:25999 84.342.485,11 2,33% 3.311 1,32%
26000:26999 79.263.018,44 2,19% 2.992 1,19%
27000:27999 68.416.238,16 1,89% 2.488 0,99%
28000:28999 62.249.421,82 1,72% 2.186 0,87%
29000:29999 52.148.445,62 1,44% 1.768 0,70%
30000:30999 45.693.824,21 1,26% 1.500 0,60%
31000:31999 40.158.399,17 1,11% 1.276 0,51%
32000:32999 35.251.934,82 0,98% 1.085 0,43%
33000:33999 29.004.084,00 0,80% 866 0,34%
34000:34999 24.629.573,76 0,68% 714 0,28%
35000:35999 20.651.692,90 0,57% 582 0,23%
36000:36999 18.392.966,67 0,51% 504 0,20%
37000:37999 16.524.478,50 0,46% 441 0,18%
38000:38999 13.542.910,96 0,37% 352 0,14%
39000:39999 12.707.638,31 0,35% 322 0,13%
40000:40999 11.795.747,79 0,33% 292 0,12%
41000:41999 7.840.745,22 0,22% 189 0,08%
42000:42999 8.795.664,42 0,24% 207 0,08%
43000:43999 5.653.504,80 0,16% 130 0,05%
44000:44999 5.424.173,69 0,15% 122 0,05%
45000:45999 4.774.478,88 0,13% 105 0,04%
46000:46999 3.954.203,49 0,11% 85 0,03%
47000:47999 3.423.157,84 0,09% 72 0,03%
48000:48999 3.488.564,16 0,10% 72 0,03%
49000:49999 3.364.085,06 0,09% 68 0,03%
50000:50999 3.173.486,97 0,09% 63 0,03%
51000:51999 2.113.584,72 0,06% 41 0,02%
52000:52999 2.205.142,60 0,06% 42 0,02%
53000:53999 1.869.855,29 0,05% 35 0,01%
54000:54999 1.308.592,45 0,04% 24 0,01%
55000:55999 1.661.656,91 0,05% 30 0,01%
56000:56999 1.353.457,85 0,04% 24 0,01%
57000:57999 1.433.763,37 0,04% 25 0,01%
58000:58999 642.318,61 0,02% 11 0,00%
59000:59999 595.403,85 0,02% 10 0,00%
60000:60000 240.000,00 0,01% 4 0,00%60001: 9.991.026,87 0,28% 139 0,06%
Total 3.613.737.173,96 100,00% 251.575 100,00%
Statistics in EUR
Average Amount 14.364,45
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
7.1 Original PB (Graph) Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
0
50.000.000
100.000.000
150.000.000
200.000.000
250.000.000
Ori
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Bala
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Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
8. Current Principal Balance Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Current Principal Balance
(Ranges in EUR)
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
0: 999 9.850.788,22 0,53% 20.793 8,27%
1000: 1999 32.756.229,78 1,77% 21.766 8,65%
2000: 2999 55.962.587,76 3,03% 22.410 8,91%
3000: 3999 75.244.572,76 4,08% 21.508 8,55%
4000: 4999 91.754.951,31 4,97% 20.406 8,11%
5000: 5999 106.893.873,17 5,79% 19.458 7,73%
6000: 6999 114.023.308,86 6,18% 17.568 6,98%
7000: 7999 119.457.303,00 6,47% 15.950 6,34%
8000: 8999 118.272.239,05 6,41% 13.933 5,54%
9000: 9999 116.485.725,48 6,31% 12.276 4,88%
10000:10999 109.768.338,39 5,95% 10.463 4,16%
11000:11999 103.389.421,94 5,60% 9.002 3,58%
12000:12999 97.113.326,07 5,26% 7.779 3,09%
13000:13999 88.827.773,62 4,81% 6.586 2,62%
14000:14999 80.187.325,90 4,34% 5.535 2,20%
15000:15999 69.337.762,48 3,76% 4.477 1,78%
16000:16999 64.154.968,17 3,48% 3.893 1,55%
17000:17999 55.498.492,21 3,01% 3.174 1,26%
18000:18999 49.533.148,24 2,68% 2.681 1,07%
19000:19999 40.967.884,82 2,22% 2.103 0,84%
20000:20999 37.151.516,34 2,01% 1.813 0,72%
21000:21999 31.611.604,25 1,71% 1.471 0,58%
22000:22999 26.092.641,73 1,41% 1.161 0,46%
23000:23999 22.566.193,70 1,22% 961 0,38%
24000:24999 19.358.923,26 1,05% 791 0,31%
25000:25999 16.497.531,57 0,89% 647 0,26%
26000:26999 15.101.135,82 0,82% 570 0,23%
27000:27999 11.926.202,42 0,65% 434 0,17%
28000:28999 9.595.940,83 0,52% 337 0,13%
29000:29999 9.119.738,78 0,49% 309 0,12%
30000:30999 7.067.918,65 0,38% 232 0,09%
31000:31999 6.711.080,72 0,36% 213 0,08%
32000:32999 5.586.909,21 0,30% 172 0,07%
33000:33999 3.617.273,85 0,20% 108 0,04%
34000:34999 3.448.915,64 0,19% 100 0,04%
35000:35999 2.944.896,31 0,16% 83 0,03%
36000:36999 2.073.843,38 0,11% 57 0,02%
37000:37999 1.836.468,76 0,10% 49 0,02%
38000:38999 1.653.724,90 0,09% 43 0,02%
39000:39999 1.461.259,09 0,08% 37 0,01%
40000:40999 1.094.082,58 0,06% 27 0,01%
41000:41999 953.125,98 0,05% 23 0,01%
42000:42999 805.320,43 0,04% 19 0,01%
43000:43999 1.389.073,08 0,08% 32 0,01%
44000:44999 755.178,60 0,04% 17 0,01%
45000:45999 681.017,21 0,04% 15 0,01%
46000:46999 465.424,90 0,03% 10 0,00%
47000:47999 378.539,03 0,02% 8 0,00%
48000:48999 486.911,92 0,03% 10 0,00%
49000:49999 494.189,20 0,03% 10 0,00%
50000:50999 303.352,63 0,02% 6 0,00%
51000:51999 153.728,18 0,01% 3 0,00%
52000:52999 368.072,93 0,02% 7 0,00%
53000:53999 106.946,56 0,01% 2 0,00%
54000:54999 109.718,78 0,01% 2 0,00%
55000:55999 55.090,28 0,00% 1 0,00%
56000:56999 169.745,33 0,01% 3 0,00%
57000:57999 172.980,86 0,01% 3 0,00%
58000:58999 176.254,90 0,01% 3 0,00%
59000:59999 118.486,55 0,01% 2 0,00%60001: 1.613.816,75 0,09% 23 0,01%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Statistics in EUR
Average Amount 7.336,80
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
8.1 Current PB (Graph) Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
0
20.000.000
40.000.000
60.000.000
80.000.000
100.000.000
120.000.000
140.000.000
Cu
rren
t P
rin
cip
al
Bala
nce
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
9. Borrower Concentration Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
No
Current Principal
Balance in EUR
Percentage of
Balance Number of Loans
1 108.982,36 0,0059% 1
2 86.453,98 0,0047% 1
3 85.782,13 0,0046% 1
4 76.899,75 0,0042% 2
5 75.235,99 0,0041% 1
6 74.722,33 0,0040% 1
7 73.450,27 0,0040% 1
8 71.175,25 0,0039% 1
9 70.972,92 0,0038% 1
10 70.741,25 0,0038% 2
11 68.566,73 0,0037% 1
12 68.352,22 0,0037% 1
13 68.227,02 0,0037% 1
14 68.029,43 0,0037% 1
15 67.326,72 0,0036% 1
16 66.287,61 0,0036% 1
17 65.474,90 0,0035% 2
18 64.268,19 0,0035% 1
19 63.764,98 0,0035% 1
20 63.343,07 0,0034% 1
21 62.955,27 0,0034% 1
22 62.643,69 0,0034% 1
23 61.118,94 0,0033% 1
24 61.046,26 0,0033% 1
25 60.585,76 0,0033% 1
1.766.407,02 0,0957% 28
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
10. Geographical Distribution Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
State
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
Baden-Wuerttemberg 175.908.067,86 9,53% 22.711 9,03%
Bavaria 174.792.813,10 9,47% 22.395 8,90%
Berlin 35.503.497,01 1,92% 4.859 1,93%
Brandenburg 115.180.756,45 6,24% 16.199 6,44%
Bremen 10.446.131,13 0,57% 1.442 0,57%
Hamburg 18.455.395,16 1,00% 2.562 1,02%
Hesse 103.565.722,09 5,61% 13.889 5,52%
Lower Saxony 193.974.822,98 10,51% 26.291 10,45%
Mecklenburg-Western Pomerania 106.769.261,32 5,78% 14.879 5,91%
North Rhine-Westphalia 337.633.160,35 18,29% 46.281 18,40%
Rhineland-Palatinate 83.050.079,92 4,50% 11.054 4,39%
Saarland 28.160.117,93 1,53% 3.632 1,44%
Saxonia 121.835.103,98 6,60% 18.408 7,32%
Saxony-Anhalt 151.921.279,43 8,23% 21.200 8,43%
Schleswig-Holstein 73.659.088,95 3,99% 10.145 4,03%
Thuringia 110.968.054,34 6,01% 15.114 6,01%
n/a 3.931.445,12 0,21% 514 0,20%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
10.1 Geographical Distribution (Graph) Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
0
50.000.000
100.000.000
150.000.000
200.000.000
250.000.000
300.000.000
350.000.000
400.000.000
Cu
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Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
11. Object/Vehicle Type Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Vehicle Type
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
New Vehicle 708.152.480,98 38,37% 82.215 32,68%Used Vehicle 1.137.602.316,14 61,63% 169.360 67,32%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Object Type
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
Car 1.779.538.073,66 96,41% 240.921 95,77%
Leisure 36.954.310,81 2,00% 3.373 1,34%Motorbike 29.262.412,65 1,59% 7281 2,89%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
12. Insurances Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Payment Protection
Insurance
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
No 515.726.184,54 27,94% 70.720 28,11%Yes 1.330.028.612,58 72,06% 180.855 71,89%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Gap Insurance
(Santander Safe)
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
No 1.176.580.067,27 63,75% 169.967 67,56%Yes 669.174.729,85 36,25% 81.608 32,44%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Repair Cost Insurance
(Santander AutoCare)
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
No 1.668.506.409,22 90,40% 227.158 90,29%Yes 177.248.387,90 9,60% 24.417 9,71%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
13. Type of Contract Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Contracts w/Balloon Payments
Current Principal Balance
in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
No 1.479.840.406,49 80,18% 218.617 86,90%
Yes 365.914.390,63 19,82% 32.958 13,10%
- of which balloon rates 254.033.330,68 13,76%
- of which regular installments 111.881.059,95 6,06%
Total 1.845.754.797,12 100,00% 251.575 100,00%
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
13:25 867.417,27 0,34% 114 0,35%
26:38 14.258.336,51 5,61% 1.715 5,20%
39:51 65.148.155,38 25,65% 8.110 24,61%
52:64 173.326.357,46 68,23% 22.977 69,72%
65:72 211.786,03 0,08% 21 0,06%73: 221.278,03 0,09% 21 0,06%
Total 254.033.330,68 100,00% 32.958 100,00%
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 90.881.629,18 35,78% 12.360 37,50%
13:25 92.387.944,15 36,37% 11.802 35,81%
26:38 48.940.626,46 19,27% 6.188 18,78%
39:51 21.697.922,35 8,54% 2.596 7,88%
52:64 18.462,58 0,01% 6 0,02%65:72 106.745,96 0,04% 6 0,02%
Total 254.033.330,68 100,00% 32.958 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
14. Payment Methods Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Payment Method
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
Direct Debit 1.825.563.120,10 98,91% 248.383 98,73%Other 20.191.677,02 1,09% 3.192 1,27%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Cycle of Payment
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
15th of month 852.083.770,06 46,16% 116.272 46,22%1st of month 993.671.027,06 53,84% 135.303 53,78%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
15. Downpayment Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Downpayment
(Ranges in EUR)
Original Principal
Balance in EUR
Percentage of
Total Balance Number of Loans
Percentage of Total
Loans
Downpayment /
Purchase Price in %
No Downpayment 754.594.761,04 40,88% 91.627 36,42% 0,00%
0: 999 68.348.153,95 3,70% 11.984 4,76% 4,86%
1000: 1999 149.913.048,03 8,12% 24.394 9,70% 10,10%
2000: 2999 163.863.096,22 8,88% 24.787 9,85% 15,57%
3000: 3999 136.684.445,48 7,41% 19.911 7,91% 20,33%
4000: 4999 103.261.095,91 5,59% 14.615 5,81% 24,72%
5000: 5999 119.316.855,39 6,46% 16.206 6,44% 27,90%
6000: 6999 67.709.031,13 3,67% 9.594 3,81% 32,55%
7000: 7999 52.051.463,33 2,82% 7.299 2,90% 35,72%
8000: 8999 42.851.819,72 2,32% 5.991 2,38% 38,80%
9000: 9999 24.692.073,12 1,34% 3.374 1,34% 41,18%
10000:10999 54.043.090,06 2,93% 7.180 2,85% 42,33%
11000:11999 16.305.181,38 0,88% 2.338 0,93% 46,61%
12000:12999 17.728.986,25 0,96% 2.550 1,01% 48,84%
13000:13999 11.311.263,73 0,61% 1.591 0,63% 50,44%
14000:14999 8.660.104,48 0,47% 1.238 0,49% 52,90%
15000:15999 15.752.068,19 0,85% 2.133 0,85% 52,79%
16000:16999 5.812.208,16 0,31% 820 0,33% 55,77%
17000:17999 4.057.533,40 0,22% 598 0,24% 57,64%
18000:18999 4.169.953,62 0,23% 595 0,24% 57,73%
19000:19999 2.082.570,72 0,11% 313 0,12% 61,00%
20000:20000 6.734.582,19 0,36% 688 0,27% 53,73%20001: 15.811.411,62 0,86% 1.749 0,70% 61,91%
Total 1.845.754.797,12 100,00% 251.575 100,00% 19,33%
Downpayment and
Purchase Price All Contracts
Contracts with
Downpayment
Average downpayment 3.173,95 € 4.992,16 €
Average Purchase Price 16.416,99 € 17.513,01 €
Mimimum Downpayment 100,00 €
Maximum Downpayment 110.000,00 €
Downpayment in % 19,33% 28,51%
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
16. Effective Interest Rate Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Yield Range*
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
0: 0 453.010,34 0,02% 53 0,02%
1: 1 71.609.424,92 3,88% 7.708 3,06%
2: 2 228.599.596,17 12,39% 26.191 10,41%
3: 3 885.249.678,04 47,96% 100.583 39,98%
4: 4 432.189.592,16 23,42% 68.362 27,17%
5: 5 144.231.768,59 7,81% 30.181 12,00%
6: 6 55.915.193,78 3,03% 12.178 4,84%
7: 7 14.825.016,49 0,80% 3.647 1,45%
8: 8 9.282.704,65 0,50% 1.773 0,70%
9: 9 2.655.767,22 0,14% 716 0,28%
10:10 623.580,82 0,03% 155 0,06%11:11 119.463,94 0,01% 28 0,01%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Statistics in %
WA Interest 4,17%
*runs from .00 to .99
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
16.1 Effective Interest Rate (Graph) Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
*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
800.000.000
900.000.000
1.000.000.000
0: 0 1: 1 2: 2 3: 3 4: 4 5: 5 6: 6 7: 7 8: 8 9: 9 10:10 11:11
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Yield Range*
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
17. Seasoning Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Seasoning in
Months
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
12:14 29.076.636,19 1,58% 2.390 0,95%
15:17 132.273.453,34 7,17% 12.157 4,83%
18:20 131.815.572,67 7,14% 13.151 5,23%
21:23 171.358.615,72 9,28% 18.776 7,46%
24:26 187.069.713,51 10,14% 22.048 8,76%
27:29 176.668.794,60 9,57% 20.348 8,09%
30:32 121.776.943,14 6,60% 13.980 5,56%
33:35 137.953.642,81 7,47% 17.580 6,99%
36:38 160.716.601,51 8,71% 20.477 8,14%
39:41 96.854.410,46 5,25% 12.599 5,01%
42:44 63.397.538,85 3,43% 8.815 3,50%
45:47 68.102.176,08 3,69% 10.437 4,15%
48:50 66.071.684,96 3,58% 10.065 4,00%
51:53 55.554.415,90 3,01% 9.008 3,58%
54:56 40.005.532,04 2,17% 7.131 2,83%
57:59 41.819.155,46 2,27% 8.624 3,43%
60:62 34.058.406,63 1,85% 7.386 2,94%
63:65 32.803.705,51 1,78% 6.882 2,74%
66:68 23.661.679,66 1,28% 5.426 2,16%
69:71 19.735.415,36 1,07% 5.069 2,01%
72:74 16.746.086,29 0,91% 4.400 1,75%
75:77 12.208.546,48 0,66% 3.146 1,25%
78:80 6.445.741,39 0,35% 1.905 0,76%81: 19.580.328,56 1,06% 9.775 3,89%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Statistics
WA Seasoning 35,10
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
17.1 Seasoning (Graph) Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
0
20.000.000
40.000.000
60.000.000
80.000.000
100.000.000
120.000.000
140.000.000
160.000.000
180.000.000
200.000.000
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:
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Seasoning in Months
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
18. Remaining Term Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Remaining Term in
Months
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
0: 6 61.177.341,42 3,31% 29.680 11,80%
7: 13 134.600.192,26 7,29% 36.169 14,38%
14: 20 155.737.760,69 8,44% 30.860 12,27%
21: 27 214.673.326,79 11,63% 33.925 13,49%
28: 34 206.926.976,15 11,21% 26.931 10,70%
35: 41 192.859.134,44 10,45% 23.135 9,20%
42: 48 206.243.737,13 11,17% 20.351 8,09%
49: 55 132.436.562,95 7,18% 12.091 4,81%
56: 62 179.051.144,55 9,70% 14.359 5,71%
63: 69 156.703.409,92 8,49% 11.211 4,46%
70: 76 126.344.620,29 6,85% 8.241 3,28%
77: 83 72.305.861,06 3,92% 4.312 1,71%
84: 90 4.271.606,80 0,23% 196 0,08% 91: 97 2.423.122,67 0,13% 114 0,05%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Statistics
WA Remaining Term 41,05
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
18.1 Remaining Term (Graph) Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
0
50.000.000
100.000.000
150.000.000
200.000.000
250.000.000
0: 6 7: 13 14: 20 21: 27 28: 34 35: 41 42: 48 49: 55 56: 62 63: 69 70: 76 77: 83 84: 90 91: 97
Cu
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Remaining Term in Months
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
19. Original Term Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Original Term in
Months
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
0: 12 159,10 0,00% 1 0,00%
13: 25 4.818.760,05 0,26% 3.729 1,48%
26: 38 54.902.466,82 2,97% 17.983 7,15%
39: 51 178.717.871,36 9,68% 33.542 13,33%
52: 64 469.749.673,33 25,45% 63.840 25,38%
65: 77 222.657.014,98 12,06% 35.615 14,16%
78: 90 281.858.619,00 15,27% 30.125 11,97%
91:103 607.771.528,33 32,93% 64.879 25,79%
104:116 5.598.769,01 0,30% 549 0,22%
117:119 2.052.587,25 0,11% 124 0,05%
120: 17.627.347,89 0,96% 1.188 0,47%
Total 1.845.754.797,12 100,00% 251.575 100,00%
Statistics
WA Original Term 76,15
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
19.1 Original Term (Graph) Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
0
100.000.000
200.000.000
300.000.000
400.000.000
500.000.000
600.000.000
700.000.000
0: 12 13: 25 26: 38 39: 51 52: 64 65: 77 78: 90 91:103 104:116 117:119 120:
Cu
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Original Term in Months
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
20. Manufacturer Brands Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Manufacturer
brands
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
Percentage of Total
Loans
1 195.494.283,04 10,59% 26.976 10,72%
2 182.667.423,58 9,90% 21.370 8,49%
3 162.096.602,03 8,78% 22.969 9,13%
4 161.109.838,76 8,73% 20.482 8,14%
5 159.868.995,22 8,66% 25.460 10,12%
6 125.971.293,35 6,82% 13.846 5,50%
7 79.123.961,51 4,29% 11.221 4,46%
8 76.719.976,32 4,16% 8.653 3,44%
9 73.227.501,24 3,97% 8.719 3,47%
10 71.397.762,08 3,87% 8.753 3,48%
11 59.273.484,19 3,21% 8.262 3,28%
12 49.044.302,01 2,66% 6.497 2,58%
13 46.393.249,50 2,51% 5.907 2,35%
14 42.375.161,64 2,30% 7.125 2,83%
15 37.431.234,46 2,03% 6.316 2,51%
1.522.195.068,93 82,47% 202.556 80,52%
TOP 15 manufacturer brands in alphabetical order:
Audi, BMW, Citroen, Fiat, Ford, Hyundai, Kia, Mazda, Mercedes, Nissan, Opel, Renault, SEAT (E), Skoda, VW
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
21. Priority of Payments + Transaction Costs Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Priority of Payments
Available Distribution Amount 132.792.152,99 €
Senior Expenses - 56.963,67 €
Interest Notes Class A - 1.972.363,50 €
Interest Notes Class B - 233.803,50 €
Replenishment - - €
Payments to Purchase Shortfall Account - 17,88 €
Payments to Reserve Fund - 30.000.000,00 €
Principal Payments Class A - 94.521.750,00 €
Principal Payments Class B - - €
Payments to Commingling Reserve Ledger - n/a Payments to Set-Off Reserve Ledger - n/a
Interest Subordinated Loan - 76.133,33 €
Principal Payments Subordinated Loan - - €
Payments to Seller = 5.931.121,11 €
Transaction Costs All notes Class A Class B Senior Expenses 56.963,67 €-
Interest accrued for the Period 2.206.167,00 €- 1.972.363,50 €- 233.803,50 €-
Cumulative Interest accrued 180.717.130,50 €- 167.653.503,00 €- 13.063.627,50 €-
Interest Payments 2.206.167,00 €- 1.972.363,50 €- 233.803,50 €-
Cumulative Interest Payments 180.717.130,50 €- 167.653.503,00 €- 13.063.627,50 €-
Interest accrued on Subordinated Loan for the Period 76.133,33 €-
Cumulative Interest accrued on Subordinated Loan 4.253.950,02 €-
Interest Payments on Subordinated Loan 76.133,33 €-
Cumulative Interest Payments on Subordinated Loan 4.253.950,02 €-
Unpaid Interest for the Period - €
Cumulative Unpaid Interest - €
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
22. Retention Monthly Period 01.08.2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
2.999.999.999,91 €
1.940.276.553,29 €
1.845.754.797,12 €
30.000.000,00 €
30.000.000,00 €
30.000.000,00 €
105.000.000,00 €
105.000.000,00 €
105.000.000,00 €
Outstanding Balance of the Class A Notes as of the Offer Date: 2.895.000.000,00 €
Outstanding Balance of the Class A Notes as of the beginning of the Monthly Period: 1.835.276.565,00 €
Outstanding Balance of the Class A Notes of the end of the Monthly Period: 1.740.754.815,00 €
101,00%
101,55%
101,63%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 2014-2 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 3,5%
and the third loss tranche which is represented by the Class A Notes of at least 0,5%.
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 09.08.2019
Monthly Investor Report 12.08.2019
59
23. Counterparties Aug 2019
from 11.07.2019 to 12.08.2019 = 32 days
from 01.07.2019 to 31.07.2019
Long
Term
Short
TermOutlook
Long
Term
Short
TermOutlook
Counterpart
y status
Calculation Agent, Cash Administrator:Wilmington Trust SP Services (Frankfurt) GmbH
- - - - - -performing
Steinweg 3-5
eMail: [email protected] 60313 Frankfurt am Main
Phone: +49 (0)69 9288 49512 Germany
Account Bank and Principal Paying Agent: BNP Paribas Securities Services - - - A+ A-1 STABLE performing
33, rue de Gasperich
eMail: [email protected] L-5826 Hesperange
Phone: +34 91 7625101 The Grand Duchy of Luxembourg
Transaction Security Trustee: Circumference FS (Netherlands) B.V. - - - - - - performing
Barbara Strozzilaan 101
eMail: [email protected] 1083 HN Amsterdam
Phone: +31 20 205 0132 The Netherlands
Data Trustee: Circumference FS (Luxembourg) S.A. - - - - - - performing
52-54 Avenue Du X Septembre
eMail: [email protected] L-2550 Luxembourg
Phone: + 352 2602 4945 The Grand Duchy of Luxembourg
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 31.07.2019, 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 Auto 2014-2 Reporting Date 09.08.2019
Monthly Investor Report Payment Date 12.08.2019
Period No 59
24. Issuer Information Monthly Period Aug 2019
Interest Period from 11.07.2019 to 12.08.2019 = 32 days
Collection Period from 01.07.2019 to 31.07.2019
Deal Name: SC Germany Auto 2014-2
Issuer: SC Germany Auto 2014-2 UG (haftungsbeschränkt)
The Managing Directors
Steinweg 3-5
60313 Frankfurt am Main
Germany
eMail [email protected]
fax +49 (0) 69 2992 5387
LEI: 52990041G1PYRSC7E905
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
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 Auto 2014-2 09.08.2019
Monthly Investor Report 12.08.2019
59
25. Santander Consumer Bank Aug 2019
from 11.07.2019 to 12.08.2019 = 32 days
from 01.07.2019 to 31.07.2019
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]
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
Ratings as of 31.07.2019, data source: Bloomberg
Collection Period
Reporting Date
Payment Date
Period No
Monthly Period
Interest Period
Santander Consumer Bank AG
S & P
Banco Santander S.A.
Santander Consumer Finance S.A.
DBRS
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Auto 2014-2 09.08.2019
Monthly Investor Report 12.08.2019
59
26. Glossary Aug 2019
from 11.07.2019 to 12.08.2019 = 32 days
from 01.07.2019 to 31.07.2019
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.
Balloon Loan: A loan where the final payment due is higher than any of the previous loan instalments payable by the relevant debtor.
Balloon Payment: The final payment of a balloon loan.
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.
Downpayment: The initial upfront portion of the total net amount due at the time of finalizing the contract.
Excess Spread: Excess Spread equals WA Portfolio Yield minus WA Notes Margin
Gap Insurance: Insurance which covers the risk that loss is incurred if the relevant Financed Vehicle has to be completely written off (total damage) due to fire, accident (irrespective
of whether such accident was caused by the Debtor or a third party), flooding or theft
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 14% constant prepayment rate, (b) an exercised Clean-Up Call at 10%
and (c) 0% cumulative gross losses.
Leisure: Is composed of motorised and not motorised caravans and campers.
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
Repair Cost Insurance: Insurance which covers repair costs for the repair of certain important components of the Financed Vehicle
Set-Off Reserves: Protection against set-off risks due to deposits
Used Vehicle Shall mean any Financed Vehicle the date of purchase of which by the relevant debtor was later than 12 months after the date of first registration
of such Financed Vehicle
Collection Period
Reporting Date
Payment Date
Period No
Monthly Period
Interest Period