monthly report sc germany consumer 16-1 2016.11sc germany consumer 2016-1 reporting date 09.12.2016...

SC Germany Consumer 2016-1Monthly Investor Report

SC Germany Consumer 2016-1 Reporting Date 09.12.2016

Monthly Investor Report Payment Date 13.12.2016Period No 3

Cover Sheet Monthly Investor Report Monthly Period Dez 2016

Interest Period from 14.11.2016 to 13.12.2016 = 29 daysCollection Period from 01.11.2016 to 30.11.2016

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. Customer Yield 16

13.1 Customer Yield (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. Santander Consumer Bank 28



1. Portfolio Information Monthly Period Dez 2016


current period previous period

Outstanding ReceivablesNo. of

ContractsAggregate Outstanding

Principal AmountAggregate Outstanding

Principal Amount

Beginning of Period 749.999.985,74 € 749.999.982,30 €

Scheduled Principal Payments 24.003.016,08 € Prepayment Principal 7.558.386,38 €

Total Principal Collections 31.561.402,46 € 29.282.562,83 €

Total Interest Collections 4.015.402,36 € 4.027.442,34 €

Defaults 189.264,30 € - €

Replenishment Amount - € 29.282.566,27 €

End of Period 73.429 718.249.318,98 € 749.999.985,74 €

Purchase Shortfall Amount 31.750.681,02 € 14,26 €

Total Assets (End of Period) 750.000.000,00 € 750.000.000,00 €

Current Prepayment Rate (annualised) 11,4%



2. Reserve Accounts Monthly Period Dez 2016


Note BalanceBeginning of Period 750.000.000,00 € End of Period 750.000.000,00 €

Reserve AccountsLiquidity Reserve in % Trigger Event y/nBeginning of Period 0,5% 3.750.000,00 € Cash Outflow - € Cash Inflow - € End of Period 0,5% 3.750.000,00 € Required Liquidity Reserve Fund 0,5% 3.750.000,00 €

Commingling Reserve in %Beginning of Period n/a noCash Outflow n/aCash Inflow n/aEnd of Period n/aRequired Commingling Reserve Fund n/a

Set-Off Reserve in %Beginning of Period n/a noCash Outflow n/aCash Inflow n/aEnd of Period n/aRequired Set-Off Reserve Fund n/a

Current Set-Off Amount n/aSet-Off Amount (per Loan) n/aSet-Off Amount (in % of Outstanding Balance) n/a



3. Performance Data Monthly Period Dez 2016


Note BalanceBeginning of Period 750.000.000,00 € End of Period 750.000.000,00 €

Delinquency Data and Ratios3-MRA* /

current ratio Amount at risk Overdue amountNumber of

Loans

3-MRA* 31- 60 days past due 0,08%31- 60 days past due period before previous period - € - € 031- 60 days past due previous period 206.123,10 € 9.296,41 € 1831- 60 days past due current period 0,21% 1.558.926,02 € 57.333,39 € 79

3-MRA* 61-90 days past due 0,01%61- 90 days past due period before previous period - € - € 061- 90 days past due previous period 22.792,81 € 809,68 € 161- 90 days past due current period 0,02% 174.751,12 € 11.638,19 € 14

3-MRA* 91-120 days past due 0,00%91- 120 days past due period before previous period - € - € 091- 120 days past due previous period - € - € 091- 120 days past due current period 0,00% 17.371,93 € 1.324,11 € 4

Default Data and Ratios Amount Number of Loans

Current DefaultCurrent Period Gross Default 189.264,30 € Current Period Recoveries 1.253,30 €- Current Period Net Default 190.517,60 € New Number of Defaulted Contracts 12

Cumulative DefaultCumulative Gross Default 189.264,30 € Cumulative Recoveries 1.253,30 €- Cumulative Net Default 190.517,60 € Total Number of Defaulted Contracts 12

3-MRA* /current ratio Ratio

3-MRA* Annualised Loss Ratio (Neue Rechtsakten) 0,10%Annualised Loss Ratio period before previous period 0,00%Annualised Loss Ratio previous period 0,00%Annualised Loss Ratio current period 0,30% 0,30%

Principial Deficiency Principial Deficiency period before previous period - € Principial Deficiency previous period - € Principial Deficiency current period - €

* 3-MRA stands for three months rolling average



4. Concentration Limits Monthly Period Dez 2016


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

Average Yield (applicable for Total Portfolio) 6,20% - 6,68% no

Remaining Term (applicable for Total Portfolio) - 68,50 63,51 no

Early Amortisation Events Maximum-Trigger Current Value Trigger Breach

Cumulative Loss Ratio- prior to 30 September 2017 1,80% 0,02% no

Purchase Shortfall Event no Period before previous period 31,29 € Previous period 17,70 € Current period 14,26 €

Principal Deficiency Event - € no



5. Outstanding Notes Monthly Period Dez 2016


1. Note Balance All notes Class A Class B Class C Class D Class EGeneral Note Information ISIN Code XS1489761558 XS1489762366 XS1489762523 XS1489763091 XS1489763331 Currency EUR EUR EUR EUR EUR Initial Tranching in % 84,8% 5,8% 3,8% 1,5% 4,2% Legal Maturity Sep 2029 Sep 2029 Sep 2029 Sep 2029 Sep 2029 Expected Maturity Okt 2020 Apr 2021 Apr 2021 Apr 2021 Apr 2021 Original Rating (DBRS / S&P) AA (sf) / AA (sf) A (sf) / A (sf) BBB (sf) / BBB(sf) BB (sf) / BB (sf) Not rated Current Rating (DBRS / S&P)* AA (sf) / AA (sf) A (sf) / A (sf) BBB (sf) / BBB(sf) BB (sf) / BB (sf) Not rated Initial Notes Aggregate Principal Outstanding Balance 750.000.000,00 € 635.800.000,00 € 43.200.000,00 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 € Initial Nominal per Note 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € Initial Number of Notes per Class 6.358 432 282 113 315

Current Note Information Class Principal Outstanding Balance Beginning of Period 750.000.000,00 € 635.800.000,00 € 43.200.000,00 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 € Available Distribution Amount 35.575.565,78 € Replenishment 0,00 € Amortisation 0,00 € Redemption per Class 0,00 € 0,00 € 0,00 € 0,00 € 0,00 € 0,00 € Redemption per Note 0,00 € 0,00 € 0,00 € 0,00 € 0,00 € Class Principal Outstanding Balance End of Period 750.000.000,00 € 635.800.000,00 € 43.200.000,00 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 € Current Tranching 84,8% 5,8% 3,8% 1,5% 4,2% Current Pool Factor 1,00 1,00 1,00 1,00 1,00

2. Payments to Investors per Note All notes Class A Cl ass B Class C Class D Class E Interest Rate Basis: 1 M-Euribor / Fixed / Floating -0,373% 0,150% 0,650% 1,000% +500 bps +945 bps DayCount Convention 29 act/360 act/360 act/360 act/360 act/360 Interest Days Principal Outstanding per Note Beginning of Period 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €> Principal Repayment per Note 0,00 € 0,00 € 0,00 € 0,00 € 0,00 € Principal Outstanding per Note End of Period 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €> Interest accrued for the period 76.804,64 € 22.619,52 € 22.717,92 € 42.118,49 € 230.328,00 € Interest Payment 76.804,64 € 22.619,52 € 22.717,92 € 42.118,49 € 230.328,00 € Interest Payment per Note 12,08 € 52,36 € 80,56 € 372,73 € 731,20 €

3. Credit Enhancements Class A Class B Class C Class D Class EInitial total CE (Subordination, Reserve) 15,23% 9,47% 5,71% 4,20% 0,00%Current CE (incl. Excess Spread) 21,26% 15,50% 11,74% 10,23% 6,03%Current CE (excl. Excess Spread) 15,23% 9,47% 5,71% 4,20% 0,00%

* Last rating action as of 27.09.2016



6. Original Principal Balance Monthly Period Dez 2016


Original Principal Balance (Ranges in EUR)

Original Principal Balance in EUR

Percentage of Total Balance Number of Loans

Percentage of Total Loans

0: 1999 7.645.265,14 0,89% 6.013 8,19% 2000: 3999 48.840.319,33 5,69% 17.035 23,20% 4000: 5999 60.662.421,26 7,07% 12.485 17,00% 6000: 7999 40.462.159,70 4,71% 5.956 8,11% 8000: 9999 35.077.176,03 4,09% 3.973 5,41%

10000: 11999 52.431.947,36 6,11% 4.905 6,68% 12000: 13999 40.002.715,28 4,66% 3.134 4,27% 14000: 15999 32.221.070,60 3,75% 2.149 2,93% 16000: 17999 33.436.019,90 3,89% 1.972 2,69% 18000: 19999 33.108.613,73 3,86% 1.746 2,38% 20000: 21999 34.195.813,94 3,98% 1.630 2,22% 22000: 23999 33.497.471,42 3,90% 1.458 1,99% 24000: 25999 34.216.517,41 3,99% 1.372 1,87% 26000: 27999 34.919.930,28 4,07% 1.294 1,76% 28000: 29999 34.611.355,98 4,03% 1.193 1,62% 30000: 31999 29.082.409,66 3,39% 940 1,28% 32000: 33999 24.580.751,53 2,86% 745 1,01% 34000: 35999 25.608.956,92 2,98% 732 1,00% 36000: 37999 22.824.349,60 2,66% 618 0,84% 38000: 39999 22.670.592,30 2,64% 582 0,79% 40000: 41999 20.353.264,09 2,37% 497 0,68% 42000: 43999 17.114.799,28 1,99% 398 0,54% 44000: 45999 17.242.792,19 2,01% 383 0,52% 46000: 47999 15.550.343,74 1,81% 331 0,45% 48000: 49999 14.695.421,24 1,71% 300 0,41% 50000: 51999 13.243.498,24 1,54% 260 0,35% 52000: 53999 13.149.883,79 1,53% 248 0,34% 54000: 55999 11.488.848,36 1,34% 209 0,28% 56000: 57999 10.139.717,89 1,18% 178 0,24% 58000: 59999 9.140.430,87 1,06% 155 0,21% 60000: 61999 7.182.878,96 0,84% 118 0,16% 62000: 63999 5.912.722,38 0,69% 94 0,13% 64000: 65999 4.878.753,19 0,57% 75 0,10% 66000: 67999 4.013.600,70 0,47% 60 0,08% 68000: 69999 2.827.200,20 0,33% 41 0,06% 70000: 71999 1.983.528,12 0,23% 28 0,04% 72000: 73999 2.703.205,67 0,31% 37 0,05% 74000: 75999 1.724.653,36 0,20% 23 0,03% 76000: 77999 846.185,11 0,10% 11 0,01% 78000: 79999 1.340.427,12 0,16% 17 0,02% 80000: 81999 569.057,39 0,07% 7 0,01% 82000: 83999 498.095,59 0,06% 6 0,01% 84000: 85999 764.484,74 0,09% 9 0,01% 86000: 87999 523.819,26 0,06% 6 0,01% 88000: 89999 89.807,17 0,01% 1 0,00% 90000: 91999 90.756,47 0,01% 1 0,00% 92000: 93999 92.619,95 0,01% 1 0,00% 98000: 99999 197.989,28 0,02% 2 0,00%

100001: 105.267,48 0,01% 1 0,00%Total 858.559.909,20 100,00% 73.429 100,00%

Statistics in EURAverage Amount 11.692,38



6.1 Original PB (Graph) Monthly Period Dez 2016


0

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7. Current Principal Balance Monthly Period Dez 2016


Current Principal Balance (Ranges in EUR)

Current Principal Balance in EUR



0: 1999 18.129.075,02 2,52% 16.332 22,24% 2000: 3999 45.287.550,82 6,31% 15.839 21,57% 4000: 5999 39.718.927,82 5,53% 8.185 11,15% 6000: 7999 35.851.468,65 4,99% 5.162 7,03% 8000: 9999 43.470.302,03 6,05% 4.838 6,59%

10000:11999 37.781.016,55 5,26% 3.450 4,70%12000:13999 29.709.393,42 4,14% 2.290 3,12%14000:15999 31.445.077,20 4,38% 2.099 2,86%16000:17999 33.386.188,46 4,65% 1.965 2,68%18000:19999 32.095.417,88 4,47% 1.691 2,30%20000:21999 32.262.529,93 4,49% 1.536 2,09%22000:23999 32.031.368,12 4,46% 1.393 1,90%24000:25999 31.654.692,07 4,41% 1.266 1,72%26000:27999 30.469.204,98 4,24% 1.129 1,54%28000:29999 25.837.760,39 3,60% 893 1,22%30000:31999 23.160.848,81 3,22% 747 1,02%32000:33999 23.308.789,15 3,25% 707 0,96%34000:35999 20.697.813,12 2,88% 592 0,81%36000:37999 18.783.328,64 2,62% 508 0,69%38000:39999 17.805.958,90 2,48% 457 0,62%40000:41999 15.416.518,60 2,15% 376 0,51%42000:43999 14.702.488,88 2,05% 342 0,47%44000:45999 14.169.550,00 1,97% 315 0,43%46000:47999 11.933.310,42 1,66% 254 0,35%48000:49999 9.767.164,02 1,36% 199 0,27%50000:51999 10.697.959,84 1,49% 210 0,29%52000:53999 8.316.220,80 1,16% 157 0,21%54000:55999 7.036.145,70 0,98% 128 0,17%56000:57999 4.000.010,69 0,56% 70 0,10%58000:59999 3.536.297,14 0,49% 60 0,08%60000:61999 4.079.307,88 0,57% 67 0,09%62000:63999 3.020.564,13 0,42% 48 0,07%64000:65999 2.081.899,21 0,29% 32 0,04%66000:67999 1.941.632,26 0,27% 29 0,04%68000:69999 963.397,07 0,13% 14 0,02%70000:71999 994.367,52 0,14% 14 0,02%72000:73999 948.251,31 0,13% 13 0,02%74000:75999 222.922,18 0,03% 3 0,00%76000:77999 535.372,02 0,07% 7 0,01%78000:79999 316.587,53 0,04% 4 0,01%

80001: 682.639,82 0,10% 8 0,01%

Total 718.249.318,98 100,00% 73.429 100,00%

Statistics in EURAverage Amount 9.781,55



7.1 Current PB (Graph) Monthly Period Dez 2016


0

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8. Borrower Concentration Monthly Period Dez 2016


NoCurrent Principal Balance in EUR


1 98.094,20 0,0137% 12 90.704,67 0,0126% 13 85.187,14 0,0119% 14 83.413,52 0,0116% 15 82.453,65 0,0115% 16 82.394,75 0,0115% 17 80.287,01 0,0112% 18 80.104,88 0,0112% 19 79.973,87 0,0111% 1

10 79.431,65 0,0111% 111 79.025,52 0,0110% 112 78.156,49 0,0109% 113 77.351,91 0,0108% 114 76.848,46 0,0107% 115 76.586,46 0,0107% 116 76.273,85 0,0106% 117 76.260,55 0,0106% 118 76.027,91 0,0106% 119 76.022,88 0,0106% 120 74.575,35 0,0104% 121 74.234,00 0,0103% 122 74.112,83 0,0103% 123 73.834,49 0,0103% 124 73.754,28 0,0103% 125 73.705,01 0,0103% 1

1.978.815,33 0,2755% 25



9. Geographical Distribution Monthly Period Dez 2016


StateCurrent Principal Balance in EUR



Baden-Württemberg 83.991.007,21 11,69% 8.808 12,00%Bayern 79.809.003,07 11,11% 9.108 12,40%Berlin 35.803.121,54 4,98% 3.694 5,03%Brandenburg 29.945.316,93 4,17% 3.194 4,35%Bremen 5.570.283,35 0,78% 554 0,75%Hamburg 13.193.929,63 1,84% 1.431 1,95%Hessen 52.080.051,31 7,25% 5.134 6,99%Mecklenburg-Vorpommern 24.093.936,48 3,35% 2.295 3,13%Niedersachsen 71.421.468,24 9,94% 7.123 9,70%Nordrhein-Westfalen 163.773.589,15 22,80% 15.796 21,51%Rheinland-Pfalz 35.280.443,99 4,91% 3.571 4,86%Saarland 9.104.770,68 1,27% 894 1,22%Sachsen 36.883.121,89 5,14% 3.921 5,34%Sachsen-Anhalt 29.959.957,26 4,17% 2.831 3,86%Schleswig-Holstein 22.243.888,78 3,10% 2.492 3,39%Thüringen 24.409.757,82 3,40% 2.529 3,44%n/a 685.671,65 0,10% 54 0,07%Total 718.249.318,98 100,00% 73.429 100,00%



9.1 Geographical Distribution (Graph) Monthly Period Dez 2016


0

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10. Collateral Monthly Period Dez 2016


CollateralCurrent Principal Balance in EUR



secured 160.492.972,23 22,35% 6.485 8,83%unsecured 557.756.346,75 77,65% 66.944 91,17%

Total 718.249.318,98 100,00% 73.429 100,00%



11. Insurances Monthly Period Dez 2016


Payment Protection Insurance




No 123.487.264,83 17,19% 26.341 35,87%Yes 594.762.054,15 82,81% 47.088 64,13%

Total 718.249.318,98 100,00% 73.429 100,00%



12. Payment Methods Monthly Period Dez 2016


Payment MethodCurrent Principal Balance in EUR



Direct Debit 708.557.159,99 98,65% 72.714 99,03%Other 9.692.158,99 1,35% 715 0,97%

Total 718.249.318,98 100,00% 73.429 100,00%

Cycle of PaymentCurrent Principal Balance in EUR



15th of month 182.869.823,90 25,46% 19.316 26,31%1st of month 535.379.495,08 74,54% 54.113 73,69%

Total 718.249.318,98 100,00% 73.429 100,00%



13. Customer Yield Monthly Period Dez 2016


Yield Range *Current Principal Balance in EUR



0: 0 970.499,43 0,14% 1.159 1,58% 1: 1 15.348.052,55 2,14% 10.363 14,11% 2: 2 21.881.597,77 3,05% 9.291 12,65% 3: 3 95.358.072,27 13,28% 12.557 17,10% 4: 4 70.146.623,08 9,77% 4.796 6,53% 5: 5 92.087.676,82 12,82% 5.699 7,76% 6: 6 83.840.168,25 11,67% 5.132 6,99% 7: 7 169.561.056,02 23,61% 11.692 15,92% 8: 8 103.724.906,48 14,44% 7.883 10,74% 9: 9 58.353.287,20 8,12% 4.217 5,74%10:10 5.710.924,80 0,80% 507 0,69%11:11 805.861,12 0,11% 75 0,10%12:12 410.485,10 0,06% 48 0,07%13:13 36.369,55 0,01% 8 0,01%14:14 13.738,54 0,00% 2 0,00%

Total 718.249.318,98 100,00% 73.429 100,00%

Statistics in %WA Interest 6,68%

*runs from .00 to .99



13.1 Customer Yield (Graph) Monthly Period Dez 2016


*runs from .00 to .99

0

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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 *



14. Seasoning Monthly Period Dez 2016


Seasoning in Months




3: 5 51.534.479,02 7,18% 5.847 7,96% 6: 8 269.466.728,56 37,52% 26.424 35,99% 9:11 183.847.099,23 25,60% 18.097 24,65%12:14 98.965.113,50 13,78% 10.178 13,86%15:17 38.885.185,89 5,41% 3.892 5,30%18:20 22.186.226,38 3,09% 2.572 3,50%21:23 15.425.138,53 2,15% 1.951 2,66%24:26 15.331.092,86 2,13% 1.983 2,70%27:29 13.313.496,14 1,85% 1.630 2,22%30:32 5.427.867,98 0,76% 412 0,56%33:35 534.432,22 0,07% 38 0,05%36:38 807.528,13 0,11% 124 0,17%39:41 440.269,37 0,06% 57 0,08%42:44 189.226,35 0,03% 15 0,02%45:47 217.900,43 0,03% 18 0,02%48:50 125.911,06 0,02% 13 0,02%51:53 253.597,95 0,04% 24 0,03%54:56 200.834,39 0,03% 28 0,04%57:59 219.568,84 0,03% 26 0,04%60:62 152.417,55 0,02% 16 0,02%63:65 228.609,47 0,03% 31 0,04%66:68 237.637,82 0,03% 22 0,03%69:71 172.196,72 0,02% 16 0,02%72:74 49.556,32 0,01% 7 0,01%75:77 37.204,27 0,01% 8 0,01%

Total 718.249.318,98 100,00% 73.429 100,00%

StatisticsWA Seasoning 10,71



14.1 Seasoning (Graph) Monthly Period Dez 2016


0

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250.000.000

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3: 5 6: 8 9:11 12:14 15:17 18:20 21:23 24:26 27:29 30:32 33:35 36:38 39:41 42:44 45:47 48:50 51:53 54:56 57:59 60:62 63:65 66:68 69:71 72:74 75:77

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Seasoning in Months



15. Remaining Term Monthly Period Dez 2016


Remaining Term in Months




0: 6 2.136.371,14 0,30% 3.339 4,55% 7: 13 8.444.236,26 1,18% 5.567 7,58% 14: 20 18.684.196,70 2,60% 7.526 10,25% 21: 27 20.061.016,58 2,79% 6.086 8,29% 28: 34 39.851.985,12 5,55% 10.280 14,00% 35: 41 34.462.976,22 4,80% 4.494 6,12% 42: 48 45.374.074,31 6,32% 4.790 6,52% 49: 55 72.255.260,41 10,06% 6.122 8,34% 56: 62 63.955.192,95 8,90% 3.921 5,34% 63: 69 88.346.017,64 12,30% 5.013 6,83% 70: 76 78.939.574,77 10,99% 4.086 5,56% 77: 83 91.925.165,49 12,80% 4.975 6,78% 84: 90 111.011.587,82 15,46% 5.204 7,09% 91: 97 42.801.663,57 5,96% 2.026 2,76%

Total 718.249.318,98 100,00% 73.429 100,00%

StatisticsWA Remaining Term 63,51



15.1 Remaining Term (Graph) Monthly Period Dez 2016


0

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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

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Remaining Term in Months



16. Original Term Monthly Period Dez 2016


Original Term in Months




0: 13 2.215.140,10 0,31% 2.483 3,38% 14: 20 4.504.699,38 0,63% 3.194 4,35% 21: 27 16.696.075,43 2,32% 7.678 10,46% 28: 34 4.694.606,64 0,65% 1.068 1,45% 35: 41 50.212.364,34 6,99% 16.405 22,34% 42: 48 11.117.797,52 1,55% 1.449 1,97% 49: 55 52.469.389,92 7,31% 7.043 9,59% 56: 62 85.658.511,40 11,93% 8.167 11,12% 63: 69 31.115.052,18 4,33% 1.579 2,15% 70: 76 97.337.337,39 13,55% 5.958 8,11% 77: 83 36.779.657,94 5,12% 1.415 1,93% 84: 90 120.551.539,33 16,78% 7.061 9,62% 91: 97 114.576.043,26 15,95% 5.702 7,77% 98:104 89.184.451,93 12,42% 4.155 5,66%105:111 993.809,27 0,14% 63 0,09%112:118 88.794,57 0,01% 6 0,01%119:120 54.048,38 0,01% 3 0,00%

Total 718.249.318,98 100,00% 73.429 100,00%

StatisticsWA Original Term 74,22



16.1 Original Term (Graph) Monthly Period Dez 2016


0

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120.000.000

140.000.000

0: 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 98:104 105:111 112:118 119:120

Cur

rent

Prin

cipa

l Bal

ance

Original Term in Months



17. Loan Concentration Monthly Period Dez 2016


Loan Concentration



Percentage of Total Loans Number of Debtors

Percentage of Total Debtors

1: 1 713.219.823,68 99,30% 72.160 98,27% 72.160 99,14% 2: 2 4.929.267,57 0,69% 1.206 1,64% 603 0,83% 3: 3 87.717,85 0,01% 51 0,07% 17 0,02% 4: 4 12.509,88 0,00% 12 0,02% 3 0,00%Total 718.249.318,98 100,00% 73.429 100,00% 72.783 100,0 0%



18. Priority of Payments + Transaction Costs Monthly Period Dez 2016


Priority of Payments

Available Distribution Amount 35.575.565,78 € Senior Expenses - - € Net Swap Payments - 1.620,46 €- Interest Notes Class A - 76.804,64 € Interest Notes Class B - 22.619,52 € Interest Notes Class C - 22.717,92 € Interest Notes Class D - 42.118,49 € Interest Notes Class E - 230.328,00 € Replenishment - - € Payments to Purchase Shortfall Account - 31.750.681,02 € Principal Payments Class A - - € 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 Payments to Seller = 3.431.916,65 €

Transaction Costs All notes Class A Class B Class C Clas s D Class E Senior Expenses - € Interest accrued for the Period 394.588,57 €- 76.804,64 €- 22.619,52 €- 22.717,92 €- 42.118,49 €- 230.328,00 €- Cumulative Interest accrued 1.047.836,78 €- 203.964,64 €- 60.060,96 €- 60.316,98 €- 111.858,70 €- 611.635,50 €- Interest Payments 394.588,57 €- 76.804,64 €- 22.619,52 €- 22.717,92 €- 42.118,49 €- 230.328,00 €- Cumulative Interest Payments 1.047.836,78 €- 203.964,64 €- 60.060,96 €- 60.316,98 €- 111.858,70 €- 611.635,50 €- Unpaid Interest for the Period - € Cumulative Unpaid Interest - €



19. Swap Counterparty Monthly Period Dez 2016


Swap Counterparty Swap Counterparty Abbey National Treasury Services plc Swap Rating Trigger Breach no

Rating Trigger & Current RatingsConsequenses

LongTerm

ShortTerm

OutlookLongTerm

ShortTerm

OutlookTrigger breach

1st Rating TriggerCollateral, Guaranteeor Replacement BBB - BB - no

Current Counterparty Ratings - - - A A-1 NEG

Current Swap Data Swap Counterparty Details Counterparty Replacement Swap Type Fixed Floating Interest Rate Swap Abbey National Treasury Services plc Old Counterparty Abbey National Treasury Services plc Notional Amount 42.800.000,00 € FI Structuring Current Counterparty Abbey National Treasury Services plc Fixed Rate -0,4200% 2 Triton Square Floating Rate (Euribor) -0,3730% Regent's Place Net Swap Payments 1.620,46 € London, NW1 3AN Notional Amount next period 42.800.000,00 € United Kingdom

Ratings as of 30/11/2016, data source: Bloomberg

DBRS S & P



20. Retention Monthly Period Dez 2016


Outstanding Balance of the Class A Notes as of the Offer Date: 635.800.000,00 €635.800.000,00 €635.800.000,00 €635.800.000,00 €

Outstanding Balance of the Class B Notes as of the Offer Date: 43.200.000,00 €43.200.000,00 €

Outstanding Balance of the Class B Notes as of the end of the Monthly Period: 43.200.000,00 €43.200.000,00 €

Outstanding Balance of the Class C Notes as of the Offer Date: 28.200.000,00 €28.200.000,00 €

Outstanding Balance of the Class C Notes as of the end of the Monthly Period: 28.200.000,00 €28.200.000,00 €

Outstanding Balance of the Class D Notes as of the Offer Date: 11.300.000,00 €600.000,00 €

Outstanding Balance of the Class D Notes as of the end of the Monthly Period: 11.300.000,00 €600.000,00 €

Outstanding Balance of the Class E Notes as of the Offer Date: 31.500.000,00 €1.600.000,00 €

Outstanding Balance of the Class E Notes as of the end of the Monthly Period: 31.500.000,00 €1.600.000,00 €Outstanding Balance of the retained Class E Notes of the end of the Monthly Period:

Santander Consumer Bank AG confirms its compliance to have continuously retained a net economic interest in the SC Germany Consumer 2016-1 securitisation transaction of at least 5% of the securitised Purchased Receivables pursuant to Art. 405 of the CRR (Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013) by retaining no less than 5 % of the nominal value of each of the tranches sold or transferred to the investors.

Outstanding Balance of the Class A Notes as of the end of the Monthly Period:

Outstanding Balance of the retained Class B Notes as of the Offer Date:

Outstanding Balance of the retained Class A Notes as of the Offer Date:

Outstanding Balance of the retained Class A Notes of the end of the Monthly Period:

Outstanding Balance of the retained Class B Notes of the end of the Monthly Period:

Outstanding Balance of the retained Class C Notes as of the Offer Date:

Outstanding Balance of the retained Class C Notes of the end of the Monthly Period:

Outstanding Balance of the retained Class D Notes as of the Offer Date:

Outstanding Balance of the retained Class D Notes of the end of the Monthly Period:

Outstanding Balance of the retained Class E Notes as of the Offer Date:

SC Germany Consumer 2016-1 09.12.2016

Monthly Investor Report 13.12.20163

21. Counterparties Dez 2016

from 14.11.2016 to 13.12.2016 = 29 daysfrom 01.11.2016 to 30.11.2016

LongTerm

ShortTerm

OutlookLongTerm

ShortTerm

OutlookCounterparty

status

Join Lead Managers: UniCredit Bank AG - - - BBB A-2 NEG performingArabellastraße 1281925 MünchenGermany

Banco Santander S.A. A R-1L STABLE A- A-2 STABLESantander Global Banking and Markets performing2 Triton SquareRegent's PlaceLondon NW1 3ANUnited Kingdom

Paying Agent: Bank of New York Mellon AA R-1H STABLE AA- A-1+ STABLE performingCorporate Trust Administration One Canada SquareLondon E14 5ALEngland

Transaction Account: Bank of New York Mellon AA R-1H STABLE AA- A-1+ STABLE performingMesseturmFriedrich-Ebert-Anlage 4960327 Frankfurt am MainGermany

Transaction Security Trustee: Wilmington Trust (Lond on) Limited - - - - - - performingThird Floor, 1 King's Arms YardLondon EC2R 7AFUnited Kingdom

Data Trustee: Wilmington Trust (London) Limited - - - - - - performingThird Floor, 1 King's Arms YardLondon EC2R 7AFUnited Kingdom

Rating Agencies: Standard & Poor's Ratings Services DBRSStructured Finance Surveillance Team20 Canada Square 1 Minster CourtE14 5LH London London EC3R 7AAUnited Kingdom United Kingdom


DBRS S & P

Reporting Date

Payment DatePeriod No

Monthly Period

Interest PeriodCollection Period



22. Issuer Information Monthly Period 13.12.2016


Deal Name: SC Germany Consumer 2016-1

Issuer: SC Germany Consumer 2016-1 UG (haftungsbeschränkt)The Managing DirectorsSteinweg 3-560313 Frankfurt am MainGermanyeMail [email protected] +49 (0) 69 2992 5387

Seller of the Receivables: Santander Consumer Bank AG

Servicer Name: Santander Consumer Bank AG

Reporting Entity: Santander Consumer Bank AGCapital MarketsSantander-Platz 141061 MönchengladbachGermanyfax +49 (0) 2161 690 [email protected]

SPV-Administrator: Wilmington Trust SP Services (Frankfurt) GmbHSteinweg 3-560313 Frankfurt am MainGermanyeMail [email protected] +49 (0) 69 2992 5387

SC Germany Consumer 2016-1 09.12.2016

Monthly Investor Report 13.12.20163

23. Santander Consumer Bank Dez 2016

from 14.11.2016 to 13.12.2016 = 29 daysfrom 01.11.2016 to 30.11.2016

Contact DetailsCapital MarketsPeter René Müller +49-2161-690-7337 [email protected] Schüring +49-2161-690-5464 [email protected] Menges +49-2161-690-7085 [email protected] Zilligen +49-2161-690-6069 [email protected] Daners +49-2161-690-7410 [email protected] Dahmen +49-2161-690-9453 [email protected] ABS [email protected]

Ratings SantanderLongTerm

ShortTerm

OutlookLongTerm

ShortTerm

Outlook

A R-1L STABLE A- A-2 STABLE

- - - BBB+ A-2 STABLE


Interest PeriodCollection Period

Reporting Date

Payment DatePeriod No

Monthly Period

Santander Consumer Finance S.A.

DBRS

Banco Santander S.A.

S & P

monthly report sc germany consumer 16-1 2016.11sc germany consumer 2016-1 reporting date 09.12.2016...

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