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
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
1. Portfolio Information 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
2. Reserve Accounts 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
3. Performance Data 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
4. Concentration Limits 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
5. Outstanding Notes 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
6. Original Principal Balance 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
6.1 Original PB (Graph) 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
0
10.000.000
20.000.000
30.000.000
40.000.000
50.000.000
60.000.000
Ori
gin
al P
rin
cip
al B
ala
nce
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
7. Current Principal Balance 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
7.1 Current PB (Graph) 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
0
5.000.000
10.000.000
15.000.000
20.000.000
25.000.000
30.000.000
35.000.000
Cu
rre
nt
Pri
ncip
al
Bala
nce
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
8. Borrower Concentration 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
No
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
9. Geographical Distribution 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
State
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
9.1 Geographical Distribution (Graph) 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
0
10.000.000
20.000.000
30.000.000
40.000.000
50.000.000
60.000.000
70.000.000
80.000.000
90.000.000
100.000.000
Cu
rre
nt
Pri
nc
ipa
l B
ala
nc
e
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
10. Collateral 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
Collateral
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
11. Insurances 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
Payment Protection
Insurance
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
12. Payment Methods 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
Payment Method
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
13. Effective Interest Rate 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
Yield Range*
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
13.1 Effective Interest Rate (Graph) 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
*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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
14. Seasoning 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
Seasoning in
Months
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
14.1 Seasoning (Graph) 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
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
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 Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
15. Remaining Term 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
Remaining Term in
Months
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
15.1 Remaining Term (Graph) 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
16. Original Term 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
Original Term in
Months
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
16.1 Original Term (Graph) 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
17. Loan Concentration 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
Loan Concentration
Current Principal
Balance in EUR
Percentage of Total
Balance Number of Loans
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
18. Priority of Payments + Transaction Costs 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
19. Swap Counterparty 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
20. Retention 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
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 Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
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
Ratings as of 31.12.2019, 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 Consumer 2017-1 Reporting Date 09.01.2020
Monthly Investor Report Payment Date 13.01.2020
Period No 26
22. Issuer Information Monthly Period 01.01.2020
Interest Period from 13.12.2019 to 13.01.2020 = 31 days
Collection Period from 01.12.2019 to 31.12.2019
Deal Name: SC Germany Consumer 2017-1
Issuer: SC Germany Consumer 2017-1 UG (haftungsbeschränkt)
The Managing Directors
Steinweg 3-5
60313 Frankfurt am Main
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
eMail [email protected]
fax +49 (0) 2161 690 7077
SPV-Administrator: Wilmington Trust SP Services (Frankfurt) GmbH
Steinweg 3-5
60313 Frankfurt am Main
Germany
eMail [email protected]
fax +49 (0) 69 2992 5387
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 09.01.2020
Monthly Investor Report 13.01.2020
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
Ratings as of 31.12.2019, data source: Bloomberg
Santander Consumer Bank AG
Santander Consumer Finance S.A.
DBRS
Banco Santander S.A.
S & P
Interest Period
Collection Period
Reporting Date
Payment Date
Period No
Monthly Period
Santander Consumer Bank AG
Santander-Platz 1
41061 Mönchengladbach
SC Germany Consumer 2017-1 09.01.2020
Monthly Investor Report 13.01.2020
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