sc germany consumer 2017-1 monthly investor report · sc germany consumer 2017-1 reporting date...

SC Germany Consumer 2017-1

Monthly Investor Report

SC Germany Consumer 2017-1 Reporting Date 09.07.2020

Monthly Investor Report Payment Date 13.07.2020

Period No 32

Cover Sheet Monthly Investor Report Monthly Period Jul 2020

Interest Period from 15.06.2020 to 13.07.2020 = 28 days

Collection Period from 01.06.2020 to 30.06.2020

Index Page

1. Portfolio Information 1 IMPORTANT NOTICE to Investors:

2. Reserve Accounts 2

3. Performance Data 3 Due to the occurrence of a Regulatory Call Event the Issuer

4. Concentration Limits 4 will redeem on July 13, 2020 all outstanding Notes by applying

5. Outstanding Notes 5 the Regulatory Call Redemption Amount towards redemption

6. Original Principal Balance 6 of the Aggregate Outstanding Note Principal Amount plus accrued interest

6.1 Original PB (Graph) 7 thereon and all amounts ranking prior thereto in accordance with

7. Current Principal Balance 8 the Pre-Enforcement Priority of Payments

7.1 Current PB (Graph) 9 https://www.bourse.lu/issuer/SCGerCon2017/87541

8. Borrower Concentration 10

9. Geographical Distribution 11 This is the last investor report for SC Germany Consumer 2017-1 UG (haftungsbeschränkt).

9.1 Geographical (Graph) 12

10. Collateral 13

11. Insurances 14

12. Payment Methods 15

13. Effective Interest Rate 16

13.1 Effective Interest Rate (Graph) 17

14. Seasoning 18

14.1 Seasoning (Graph) 19

15. Remaining Term 20

15.1 Remaining Term (Graph) 21

16. Original Term 22

16.1 Original Term (Graph) 23

17. Loan Concentration 24

18. Priority of Payments + Transaction Costs 25

19. Swap Counterparty Data 26

20. Retention 27

21. Conterparties 28

22. Issuer Information 29

23. Santander Consumer Bank 30

Santander Consumer Bank AG

Santander-Platz 1

41061 Mönchengladbach



Period No 32

1. Portfolio Information Monthly Period Jul 2020



current period previous period

Outstanding ReceivablesNo. of

Contracts

Aggregate Outstanding

Principal Amount

Aggregate Outstanding

Principal Amount

Beginning of Period 49.542 320.256.917,42 € 335.504.413,06 €

Scheduled Principal Payments 8.860.004,60 €

Prepayment Principal 6.507.817,48 €

Total Principal Collections 15.367.822,08 € 15.228.765,47 €

Total Interest Collections 1.557.353,20 € 1.631.447,16 €

Defaults 36.855,07 € 18.730,17 €

Recoveries 77.183,26 €

Delta Assets vs Notes previous period 16,64 €

Replenishment Amount - € - €

End of Period 0 - € 320.256.917,42 €

Repurchase of receivables due to exercised clean-up call 47.341 307.379.468,57 €

Total Assets (End of Period) 0 - € 320.256.934,06 €

Current Prepayment Rate (annualised)

Loans under German COVID-19 Mitigation Act 1.175 17.019.485,31 € 16.615.041,50 €


Santander-Platz 1




Period No 32

2. Reserve Accounts Monthly Period Jul 2020



Note BalanceBeginning of Period 320.256.934,06 €

End of Period - €

Reserve AccountsLiquidity Reserve in % Trigger Event y/n

Beginning of Period 0,5% 1.601.284,59 €

Cash Outflow 1.601.284,59 €

Cash Inflow - €

End of Period 0,0% - €

Required Liquidity Reserve Fund 0,0% - €

Commingling Reserve in %

Beginning of Period n/a no

Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Commingling Reserve Fund n/a

Set-Off Reserve in %

Beginning of Period n/a no

Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Set-Off Reserve Fund n/a

Current Set-Off Amount n/a

Set-Off Amount (per Loan) n/a

Set-Off Amount (in % of Outstanding Balance) n/a


Santander-Platz 1




Period No 32

3. Performance Data Monthly Period Jul 2020



Note BalanceBeginning of Period 320.256.934,06€

End of Period -€

Delinquency Data and Ratios3-MRA* /

current ratioAmount at risk Overdue amount

Number of

Loans

3-MRA* 31- 60 days past due 0,63%

31- 60 days past due period before previous period 2.123.860,81 € 86.164,10 € 238

31- 60 days past due previous period 2.099.564,99 € 83.967,80 € 231

31- 60 days past due current period 0,58% 1.853.030,34 € 73.081,56 € 224

3-MRA* 61-90 days past due 0,31%

61- 90 days past due period before previous period 872.658,25 € 62.093,95 € 107

61- 90 days past due previous period 1.004.533,61 € 71.049,99 € 119

61- 90 days past due current period 0,33% 1.072.121,65 € 70.475,53 € 113

3-MRA* 91-120 days past due 0,17%

91- 120 days past due period before previous period 518.579,08 € 49.367,83 € 57

91- 120 days past due previous period 615.249,71 € 62.357,63 € 72

91- 120 days past due current period 0,16% 525.026,84 € 52.561,82 € 69

Default Data and Ratios Amount Number of Loans

Current Default

Current Period Gross Default 36.855,07 €

Current Period Recoveries 77.183,26 €

Current Period Net Default 40.328,19 €-

New Number of Defaulted Contracts 0

Cumulative Default

Cumulative Gross Default 22.775.684,80 €

Cumulative Recoveries 1.851.853,70 €

Cumulative Net Default 20.923.831,10 €

Total Number of Defaulted Contracts 1.813

3-MRA* /

current ratioRatio

3-MRA* Annualised Loss Ratio (Neue Rechtsakten) -0,22%

Annualised Loss Ratio period before previous period -0,27%

Annualised Loss Ratio previous period -0,23%

Annualised Loss Ratio current period -0,15% -0,15%

Principial Deficiency

Principial Deficiency period before previous period - €

Principial Deficiency previous period - €

Principial Deficiency current period - €

* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 32

4. Concentration Limits Monthly Period Jul 2020



Current Transaction Status Amortizing

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

Average Yield (applicable for Total Portfolio) 5,90% - - no

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

Early Amortisation Events Maximum-Trigger Current Value Trigger Breach

Cumulative Loss Ratio

- prior to 30 November 2018 1,80% no

Purchase Shortfall Event no

Period before previous period

Previous period

Current period

Principal Deficiency Event no


Santander-Platz 1




Period No 32

5. Outstanding Notes Monthly Period Jul 2020



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

ISIN Code XS1718425223 XS1718434720 XS1718436345 XS1718436691 XS1718439364

Currency EUR EUR EUR EUR EUR

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

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

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

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

Current Rating (DBRS / S&P)* D & S AAA (sf) / AA (sf) AA (sf) / A (sf) A (sf) / BBB (sf) BBB (high) (sf) / BB (sf) n.r. / n.r.

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 320.256.934,06 € 182.556.934,06 € 53.200.000,00 € 33.600.000,00 € 13.100.000,00 € 37.800.000,00 €

Available Distribution Amount 325.983.128,34 €

Replenishment - €

Amortisation 320.256.934,06 €

Redemption per Class 320.256.934,06 € 182.556.934,06 € 53.200.000,00 € 33.600.000,00 € 13.100.000,00 € 37.800.000,00 €

Redemption per Note 25.629,22 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €

Class Principal Outstanding Balance End of Period - € - € - € - € - € - €

Current Tranching

Current Pool Factor 0,00 0,00 0,00 0,00 0,00

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 -0,478% 0,150% 0,750% 1,000% +324 bps +624 bps

DayCount Convention 28 act/360 act/360 act/360 act/360 act/360

Interest Days

Principal Outstanding per Note Beginning of Period 25.629,22 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €

> Principal Repayment per Note 25.629,22 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €

Principal Outstanding per Note End of Period - € - € - € - € - €

> Interest accrued for the period 21.297,77 € 31.031,56 € 26.134,08 € 28.141,42 € 169.404,48 €

Interest Payment 21.297,77 € 31.031,56 € 26.134,08 € 28.141,42 € 169.404,48 €

Interest Payment per Note 2,99 € 58,33 € 77,78 € 214,82 € 448,16 €

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) n/a n/a n/a n/a n/a

Current CE (excl. Excess Spread) n/a n/a n/a n/a n/a

* Last rating action as of 28.11.2017


Santander-Platz 1




Period No 32

6. Original Principal Balance Monthly Period Jul 2020



Original Principal

Balance (Ranges in

EUR)

Original Principal

Balance in EUR

Percentage of

Total BalanceNumber of Loans

Percentage of Total

Loans

0: 1999 2.300.564,26 0,38% 1.806 3,81%

2000: 3999 22.799.786,67 3,72% 7.906 16,70%

4000: 5999 39.850.921,72 6,51% 8.150 17,22%

6000: 7999 30.068.557,21 4,91% 4.409 9,31%

8000: 9999 28.311.007,73 4,62% 3.212 6,78%

10000: 11999 45.350.639,11 7,41% 4.258 8,99%

12000: 13999 32.736.835,71 5,35% 2.554 5,39%

14000: 15999 34.882.215,62 5,70% 2.330 4,92%

16000: 17999 27.394.403,39 4,47% 1.616 3,41%

18000: 19999 24.894.064,79 4,07% 1.315 2,78%

20000: 21999 25.754.602,49 4,21% 1.230 2,60%

22000: 23999 24.958.173,30 4,08% 1.086 2,29%

24000: 25999 25.899.922,57 4,23% 1.038 2,19%

26000: 27999 23.623.556,53 3,86% 876 1,85%

28000: 29999 23.447.822,80 3,83% 809 1,71%

30000: 31999 20.028.281,37 3,27% 649 1,37%

32000: 33999 18.819.111,57 3,07% 571 1,21%

34000: 35999 17.948.900,06 2,93% 513 1,08%

36000: 37999 14.838.854,84 2,42% 402 0,85%

38000: 39999 13.599.514,13 2,22% 349 0,74%

40000: 41999 12.773.197,82 2,09% 312 0,66%

42000: 43999 11.248.526,52 1,84% 262 0,55%

44000: 45999 11.299.520,66 1,85% 251 0,53%

46000: 47999 11.283.396,61 1,84% 240 0,51%

48000: 49999 9.992.291,55 1,63% 204 0,43%

50000: 51999 9.985.604,43 1,63% 196 0,41%

52000: 53999 7.843.709,07 1,28% 148 0,31%

54000: 55999 7.310.111,71 1,19% 133 0,28%

56000: 57999 6.538.561,94 1,07% 115 0,24%

58000: 59999 5.425.578,76 0,89% 92 0,19%

60000: 61999 4.450.594,25 0,73% 73 0,15%

62000: 63999 3.216.472,46 0,53% 51 0,11%

64000: 65999 2.331.356,61 0,38% 36 0,08%

66000: 67999 2.080.165,47 0,34% 31 0,07%

68000: 69999 1.863.397,23 0,30% 27 0,06%

70000: 71999 1.417.695,72 0,23% 20 0,04%

72000: 73999 805.284,53 0,13% 11 0,02%

74000: 75999 896.576,38 0,15% 12 0,03%

76000: 77999 462.384,03 0,08% 6 0,01%

78000: 79999 633.133,91 0,10% 8 0,02%

80000: 81999 727.345,95 0,12% 9 0,02%

82000: 83999 580.516,01 0,09% 7 0,01%

84000: 85999 424.815,74 0,07% 5 0,01%

86000: 87999 345.500,94 0,06% 4 0,01%

88000: 89999 267.357,25 0,04% 3 0,01%

90000: 91999 181.020,68 0,03% 2 0,00%

92000: 93999 277.415,46 0,05% 3 0,01%

94000: 95999 95.563,69 0,02% 1 0,00%

Total 612.264.831,25 100,00% 47.341 100,00%

Statistics in EUR

Average Amount 12.933,08


Santander-Platz 1




Period No 32

6.1 Original PB (Graph) Monthly Period Jul 2020



0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

35.000.000

40.000.000

45.000.000

50.000.000

Ori

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Santander-Platz 1




Period No 32

7. Current Principal Balance Monthly Period Jul 2020



Current Principal

Balance (Ranges

in EUR)

Current Principal

Balance in EUR

Percentage of


Percentage of Total

Loans

0: 1999 14.508.625,03 4,76% 17.310 36,56%

2000: 3999 24.635.132,82 8,08% 8.549 18,06%

4000: 5999 24.828.024,25 8,14% 5.015 10,59%

6000: 7999 25.029.254,70 8,21% 3.607 7,62%

8000: 9999 23.531.324,89 7,72% 2.631 5,56%

10000:11999 21.733.682,97 7,13% 1.980 4,18%

12000:13999 20.732.785,39 6,80% 1.594 3,37%

14000:15999 18.747.643,32 6,15% 1.255 2,65%

16000:17999 18.483.094,86 6,06% 1.089 2,30%

18000:19999 16.328.873,72 5,36% 860 1,82%

20000:21999 15.070.393,83 4,94% 720 1,52%

22000:23999 12.729.821,31 4,18% 554 1,17%

24000:25999 10.969.826,10 3,60% 439 0,93%

26000:27999 10.363.386,08 3,40% 384 0,81%

28000:29999 8.432.168,68 2,77% 291 0,61%

30000:31999 7.729.054,02 2,54% 250 0,53%

32000:33999 7.285.347,00 2,39% 221 0,47%

34000:35999 5.841.962,12 1,92% 167 0,35%

36000:37999 4.689.268,60 1,54% 127 0,27%

38000:39999 3.158.014,04 1,04% 81 0,17%

40000:41999 2.612.729,63 0,86% 64 0,14%

42000:43999 1.548.251,06 0,51% 36 0,08%

44000:45999 1.391.844,41 0,46% 31 0,07%

46000:47999 1.028.302,34 0,34% 22 0,05%

48000:49999 881.004,97 0,29% 18 0,04%

50000:51999 611.884,68 0,20% 12 0,03%

52000:53999 740.468,25 0,24% 14 0,03%

54000:55999 219.596,40 0,07% 4 0,01%

56000:57999 168.815,66 0,06% 3 0,01%

58000:59999 237.119,01 0,08% 4 0,01%

60000:61999 182.567,87 0,06% 3 0,01%

62000:63999 127.335,98 0,04% 2 0,00%

64000:65999 130.359,70 0,04% 2 0,00%

70000:71999 71.518,49 0,02% 1 0,00%

72000:73999 72.758,09 0,02% 1 0,00%

Total 304.852.240,27 100,00% 47.341 100,00%

Statistics in EUR

Average Amount 6.439,50


Santander-Platz 1




Period No 32

7.1 Current PB (Graph) Monthly Period Jul 2020



0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

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Santander-Platz 1




Period No 32

8. Borrower Concentration Monthly Period Jul 2020



NoCurrent Principal

Balance in EUR

Percentage of Total

BalanceNumber of Loans

1 72.758,09 0,0239% 1

2 71.518,49 0,0235% 1

3 65.569,65 0,0215% 1

4 64.790,05 0,0213% 1

5 63.940,58 0,0210% 1

6 63.395,40 0,0208% 1

7 61.714,21 0,0202% 1

8 60.808,11 0,0199% 1

9 60.045,55 0,0197% 1

10 59.785,51 0,0196% 1

11 59.469,85 0,0195% 1

12 59.051,44 0,0194% 1

13 58.812,21 0,0193% 1

14 56.616,72 0,0186% 1

15 56.198,48 0,0184% 1

16 56.000,46 0,0184% 1

17 55.750,34 0,0183% 1

18 54.898,39 0,0180% 2

19 54.824,24 0,0180% 1

20 54.714,19 0,0179% 1

21 54.307,63 0,0178% 1

22 53.636,57 0,0176% 1

23 53.341,57 0,0175% 1

24 53.267,98 0,0175% 1

25 53.247,97 0,0175% 1

1.478.463,68 0,4850% 26


Santander-Platz 1




Period No 32

9. Geographical Distribution Monthly Period Jul 2020



StateCurrent Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

BADEN-WÜRTTEMBERG 33.751.306,73 11,07% 5.274 11,14%

BAYERN 33.898.376,27 11,12% 5.589 11,81%

BERLIN 13.700.041,79 4,49% 2.216 4,68%

BRANDENBURG 14.142.597,66 4,64% 2.245 4,74%

BREMEN 2.298.303,90 0,75% 347 0,73%

HAMBURG 5.001.359,99 1,64% 815 1,72%

HESSEN 21.698.136,15 7,12% 3.304 6,98%

MECKLENBURG-VORPOMMERN 11.128.560,19 3,65% 1.679 3,55%

NIEDERSACHSEN 30.224.628,65 9,91% 4.618 9,75%

NORDRHEIN-WESTFALEN 69.175.912,92 22,69% 10.242 21,63%

RHEINLAND-PFALZ 15.463.122,59 5,07% 2.290 4,84%

SAARLAND 4.569.721,49 1,50% 646 1,36%

SACHSEN 15.682.197,67 5,14% 2.671 5,64%

SACHSEN-ANHALT 13.743.646,46 4,51% 2.014 4,25%

SCHLESWIG-HOLSTEIN 9.139.259,98 3,00% 1.624 3,43%

THÜRINGEN 10.852.239,39 3,56% 1.720 3,63%

n/a 382.828,44 0,13% 47 0,10%

Total 304.852.240,27 100,00% 47.341 100,00%


Santander-Platz 1




Period No 32

9.1 Geographical Distribution (Graph) Monthly Period Jul 2020



0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

70.000.000

80.000.000

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Santander-Platz 1




Period No 32

10. Collateral Monthly Period Jul 2020



CollateralCurrent Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

secured 68.523.916,72 22,48% 4.430 9,36%

unsecured 236.328.323,55 77,52% 42.911 90,64%

Total 304.852.240,27 100,00% 47.341 100,00%


Santander-Platz 1




Period No 32

11. Insurances Monthly Period Jul 2020



Payment Protection

Insurance

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 60.820.628,28 19,95% 18.075 38,18%

Yes 244.031.611,99 80,05% 29.266 61,82%

Total 304.852.240,27 100,00% 47.341 100,00%


Santander-Platz 1




Period No 32

12. Payment Methods Monthly Period Jul 2020



Payment MethodCurrent Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Direct Debit 290.945.026,83 95,44% 45.947 97,06%

Other 13.907.213,44 4,56% 1.394 2,94%

Total 304.852.240,27 100,00% 47.341 100,00%

Cycle of PaymentCurrent Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

15th of month 92.184.508,80 30,24% 14.395 30,41%

1st of month 212.667.731,47 69,76% 32.946 69,59%

Total 304.852.240,27 100,00% 47.341 100,00%


Santander-Platz 1




Period No 32

13. Effective Interest Rate Monthly Period Jul 2020



Yield Range* Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 0 159.018,22 0,05% 438 0,93%

1: 1 1.922.891,99 0,63% 3.284 6,94%

2: 2 18.976.385,71 6,22% 7.945 16,78%

3: 3 43.567.147,98 14,29% 9.045 19,11%

4: 4 39.478.903,31 12,95% 5.266 11,12%

5: 5 47.762.805,77 15,67% 5.700 12,04%

6: 6 44.327.287,71 14,54% 4.729 9,99%

7: 7 73.759.942,66 24,20% 6.835 14,44%

8: 8 22.410.088,65 7,35% 2.546 5,38%

9: 9 11.020.496,49 3,62% 1.330 2,81%

10:10 1.261.783,28 0,41% 186 0,39%

11:11 191.255,00 0,06% 30 0,06%

12:12 4.706,10 0,00% 4 0,01%

13:13 3.955,10 0,00% 2 0,00%

14:14 5.572,30 0,00% 1 0,00%

Total 304.852.240,27 100,00% 47.341 100,00%

Statistics in %

WA Interest 6,20%

*runs from .00 to .99


Santander-Platz 1




Period No 32

13.1 Effective Interest Rate (Graph) Monthly Period Jul 2020



*runs from .00 to .99

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: 0 1: 1 2: 2 3: 3 4: 4 5: 5 6: 6 7: 7 8: 8 9: 9 10:10 11:11 12:12 13:13 14:14

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Yield Range*


Santander-Platz 1




Period No 32

14. Seasoning Monthly Period Jul 2020



Seasoning in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

21:23 1.116.555,25 0,37% 200 0,42%

24:26 10.706.540,92 3,51% 1.684 3,56%

27:29 18.084.846,97 5,93% 3.003 6,34%

30:32 20.142.355,24 6,61% 3.723 7,86%

33:35 54.495.314,27 17,88% 9.116 19,26%

36:38 61.751.513,89 20,26% 9.392 19,84%

39:41 54.041.149,01 17,73% 7.243 15,30%

42:44 29.992.888,77 9,84% 4.414 9,32%

45:47 27.410.719,74 8,99% 4.349 9,19%

48:50 11.782.974,32 3,87% 1.828 3,86%

51:53 7.566.079,62 2,48% 1.067 2,25%

54:56 3.140.564,42 1,03% 502 1,06%

57:59 1.792.310,23 0,59% 297 0,63%

60:62 853.293,23 0,28% 136 0,29%

63:65 534.753,41 0,18% 95 0,20%

66:68 532.161,46 0,17% 84 0,18%

69:71 404.213,75 0,13% 94 0,20%

72:74 227.647,11 0,07% 55 0,12%

75:77 120.122,57 0,04% 14 0,03%

78:80 32.465,58 0,01% 5 0,01%

81: 123.770,51 0,04% 40 0,08%

Total 304.852.240,27 100,00% 47.341 100,00%

Statistics

WA Seasoning 38,46


Santander-Platz 1




Period No 32

14.1 Seasoning (Graph) Monthly Period Jul 2020



0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

70.000.000

21:23 24:26 27:29 30:32 33:35 36:38 39:41 42:44 45:47 48:50 51:53 54:56 57:59 60:62 63:65 66:68 69:71 72:74 75:77 78:80 81:

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Seasoning in Months


Santander-Platz 1




Period No 32

15. Remaining Term Monthly Period Jul 2020



Remaining Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 6 3.394.045,94 1,11% 7.434 15,70%

7: 13 10.274.481,36 3,37% 6.191 13,08%

14: 20 17.353.186,37 5,69% 5.584 11,80%

21: 27 26.701.716,40 8,76% 5.604 11,84%

28: 34 30.274.862,16 9,93% 4.152 8,77%

35: 41 36.813.295,50 12,08% 4.142 8,75%

42: 48 37.860.084,31 12,42% 3.695 7,81%

49: 55 47.873.445,28 15,70% 4.223 8,92%

56: 62 53.235.643,39 17,46% 3.871 8,18%

63: 69 31.441.147,27 10,31% 1.920 4,06%

70: 76 8.505.910,16 2,79% 477 1,01%

77: 83 794.986,20 0,26% 33 0,07%

84: 90 231.370,81 0,08% 10 0,02%

91: 97 44.379,09 0,01% 2 0,00%

98:104 14.903,11 0,00% 1 0,00%

105:108 38.782,92 0,01% 2 0,00%

Total 304.852.240,27 100,00% 47.341 100,00%

Statistics

WA Remaining Term 44,29


Santander-Platz 1




Period No 32

15.1 Remaining Term (Graph) Monthly Period Jul 2020



0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

0: 6 7: 13 14: 20 21: 27 28: 34 35: 41 42: 48 49: 55 56: 62 63: 69 70: 76 77: 83 84: 90 91: 97 98:104 105:108

Cu

rren

t P

rin

cip

al

Bala

nce

Remaining Term in Months


Santander-Platz 1




Period No 32

16. Original Term Monthly Period Jul 2020



Original Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

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

14: 20 242,51 0,00% 11 0,02%

21: 27 6.240,12 0,00% 179 0,38%

28: 34 93.387,28 0,03% 169 0,36%

35: 41 3.617.651,06 1,19% 6.398 13,51%

42: 48 2.017.409,10 0,66% 1.359 2,87%

49: 55 15.547.228,30 5,10% 7.928 16,75%

56: 62 34.489.121,32 11,31% 8.511 17,98%

63: 69 12.947.608,28 4,25% 1.633 3,45%

70: 76 35.961.922,76 11,80% 4.587 9,69%

77: 83 16.841.246,85 5,52% 1.256 2,65%

84: 90 60.314.969,02 19,78% 6.752 14,26%

91: 97 58.402.146,04 19,16% 4.403 9,30%

98:104 58.624.969,96 19,23% 3.861 8,16%

105:111 4.769.253,66 1,56% 226 0,48%

112:118 798.472,51 0,26% 42 0,09%

119: 420.340,53 0,14% 21 0,04%

Total 304.852.240,27 100,00% 47.341 100,00%

Statistics

WA Original Term 82,74


Santander-Platz 1




Period No 32

16.1 Original Term (Graph) Monthly Period Jul 2020



0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

70.000.000

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:

Cu

rren

t P

rin

cip

al

Bala

nce

Original Term in Months


Santander-Platz 1




Period No 32

17. Loan Concentration Monthly Period Jul 2020



Loan ConcentrationCurrent Principal

Balance in EUR

Percentage of


Percentage of Total

LoansNumber of Debtors

Percentage of Total

Debtors

1: 1 302.097.498,60 99,10% 46.451 98,12% 46.451 99,09%

2: 2 2.629.867,21 0,86% 790 1,67% 395 0,84%

3: 3 96.827,91 0,03% 78 0,16% 26 0,06%

4: 4 26.459,71 0,01% 16 0,03% 4 0,01%

6: 6 1.586,84 0,00% 6 0,01% 1 0,00%

Total 304.852.240,27 100,00% 47.341 100,00% 46.877 100,00%


Santander-Platz 1




Period No 32

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



Priority of Payments

Available Distribution Amount 325.983.128,34 €

Senior Expenses - 1.020,46 €

Net Swap Payments - 18.883,89 €

Interest Notes Class A - 21.297,77 €

Interest Notes Class B - 31.031,56 €

Interest Notes Class C - 26.134,08 €

Interest Notes Class D - 28.141,42 €

Interest Notes Class E - 169.404,48 €

Replenishment - - €

Payments to Purchase Shortfall Account -

Principal Payments Class A - 182.556.934,06 €

Principal Payments Class B - 53.200.000,00 €

Principal Payments Class C - 33.600.000,00 €

Principal Payments Class D - 13.100.000,00 €

Principal Payments Class E - 37.800.000,00 €

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 12,45 €

Cost Reserve 75.000,00 €

Principal Payments Subordinated Loan 1.601.284,59 €

Payments to Seller = 3.753.983,58 €

Transaction Costs All notes Class A Class B Class C Class D Class E Senior Expenses 1.020,46 €-

Interest accrued for the Period 276.009,31 €- 21.297,77 €- 31.031,56 €- 26.134,08 €- 28.141,42 €- 169.404,48 €-

Cumulative Interest accrued 10.899.251,77 €- 2.077.565,41 €- 1.061.776,24 €- 894.139,68 €- 990.365,24 €- 5.875.405,20 €-

Interest Payments 276.009,31 €- 21.297,77 €- 31.031,56 €- 26.134,08 €- 28.141,42 €- 169.404,48 €-

Cumulative Interest Payments 10.899.251,77 €- 2.077.565,41 €- 1.061.776,24 €- 894.139,68 €- 990.365,24 €- 5.875.405,20 €-

Unpaid Interest for the Period - €

Cumulative Unpaid Interest - €


Santander-Platz 1




Period No 32

19. Swap Counterparty Monthly Period Jul 2020



Swap Counterparty Swap Counterparty DZ Bank AG

Swap Rating Trigger Breach noRTG_DBRS_LT_BANK_DEPOSITS RTG_DBRS_ST RTG_SP_LT_LC_ISSUER_CREDIT RTG_SP_ST_LC_ISSUER_CREDIT

Rating Trigger & Current Ratings ConsequensesLong

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

Trigger

breachRTG_DBRS_SENIOR_UNSECURED RTG_DBRS_ST RTG_DBRS_OUTLOOK RTG_SP_LT_LC_ISSUER_CREDIT RTG_SP_ST_LC_ISSUER_CREDIT RTG_SP_OUTLOOK

1st Rating TriggerCollateral, Guarantee

or ReplacementBBB R-1M BB A-1+ no

Current Counterparty Ratings AAL R-1M STABLE 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 50.899.983,36 € Kapitalmärkte Handel / ABS-Emissionen Current Counterparty DZ Bank AG

Fixed Rate -0,0010% Platz der Republik

Floating Rate (Euribor) -0,4780% 60265 Frankfurt am Main

Net Swap Payments - 18.883,89 € Germany

Notional Amount next period - € Phone +49 69 7447 4341

Email: [email protected]

Ratings as of 30.06.2020, data source: Bloomberg

DBRS S & P


Santander-Platz 1




Period No 32

20. Retention Monthly Period Jul 2020



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

712.300.000,00 €

0,00 €

0,00 €

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: 0,00 €

0,00 €

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: 0,00 €

0,00 €

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: 0,00 €

0,00 €

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: 0,00 €

0,00 €Outstanding Balance of the retained Class E Notes of the end of the Monthly Period:

Santander Consumer Bank AG confirms its compliance to have continuously retained a net economic interest in the SC Germany Consumer 2017-1 securitisation

transaction of at least 5% of the securitised Purchased Receivables pursuant to Art. 405 of the CRR (Regulation (EU) No 575/2013 of the European Parliament and

of the Council of 26 June 2013) by retaining no less than 5 % of the nominal value of each of the tranches sold or transferred to the investors.

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

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

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

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

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

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

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

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

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

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


Santander-Platz 1


SC Germany Consumer 2017-1 09.07.2020

Monthly Investor Report 13.07.2020

32

21. Counterparties Jul 2020

from 15.06.2020 to 13.07.2020 = 28 days

from 01.06.2020 to 30.06.2020

RTG_DBRS_LT_BANK_DEPOSITS RTG_DBRS_ST RTG_SP_LT_LC_ISSUER_CREDIT RTG_SP_ST_LC_ISSUER_CREDIT

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

Counterparty

status

RTG_DBRS_SENIOR_UNSECURED RTG_DBRS_ST RTG_DBRS_OUTLOOK RTG_SP_LT_LC_ISSUER_CREDIT RTG_SP_ST_LC_ISSUER_CREDIT RTG_SP_OUTLOOK

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 NEG performing

Santander Global Banking and Markets

2 Triton Square

Regent's Place

London NW1 3AN

United Kingdom

Paying Agent: HSBC Bank plc - - - A+ A-1 STABLE performing

Level 28, 8 Canada Square

London E14 5HQ

United Kingdom

Transaction Account: HSBC Bank plc - - - A+ A-1 STABLE performing

Level 28, 8 Canada Square

London E14 5HQ

United Kingdom

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

6 St Andrew Street

London EC4A 3AE

United Kingdom

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

Eschenheimer Anlage 1

60316 Frankfurt am Main

Germany

Rating Agencies: Standard & Poor's Ratings Services DBRS

Structured Finance Surveillance Team

20 Canada Square 1 Minster Court

E14 5LH London London EC3R 7AA

United Kingdom United Kingdom


DBRS S & P

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

Collection Period


Santander-Platz 1




Period No 32

22. Issuer Information Monthly Period 13.07.2020



Deal Name: SC Germany Consumer 2017-1

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

The Managing Directors

Steinweg 3-5


Germany

eMail [email protected]

fax +49 (0) 69 2992 5387

LEI: 5299009N4WFEF18HYJ45

Seller of the Receivables: Santander Consumer Bank AG

Servicer Name: Santander Consumer Bank AG

Reporting Entity: Santander Consumer Bank AG

Capital Markets

Santander-Platz 1


Germany


fax +49 (0) 2161 690 7077

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

Steinweg 3-5


Germany


fax +49 (0) 69 2992 5387


Santander-Platz 1




32

23. Santander Consumer Bank Jul 2020

from 15.06.2020 to 13.07.2020 = 28 days

from 01.06.2020 to 30.06.2020

Contact DetailsCapital Markets

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 NEG

- - - A- A-2 NEG

- - - A- A-2 NEG



Santander Consumer Finance S.A.

DBRS

Banco Santander S.A.

S & P

Interest Period

Collection Period

Reporting Date

Payment Date

Period No

Monthly Period


Santander-Platz 1


mailto:[email protected]

mailto:[email protected]



32

24. Glossary Jul 2020

from 15.06.2020 to 13.07.2020 = 28 days

from 01.06.2020 to 30.06.2020

Aggregate Outstanding Principal Amount: Shall mean in respect of all Purchased Receivables at any time, the aggregate of the Outstanding Principal Amounts of all Purchased Receivables

which, as of such time, are not defaulted receivables.

Defaulted Contracts/Defaults: Shall mean as of any date, any purchased receivable which has been declared due and payable in full in accordance to the Credit and Collection Policy

which in principal is between 120 and 180 calendar days after the due date.

Delinquent Receivable: Shall mean as of any date, any purchased receivable which is more than 30 days overdue and not a defaulted contract.

Legal Maturity: Final Payment date on which all outstanding notes will mature.

Expected Maturity: Maturity date of the notes under the assumption of inter alia (a) a 30% constant prepayment rate, (b) an exercised Clean-Up Call at 10%,

and (c) 0% cumulative gross losses.

Payment Protection Insurance: Insurance, composed of life insurance and/or accident insurance and/or temporary disability insurance and/or unemployment insurance, which covers

the risk that a Debtor in its capacity as insured person is unable to pay the Loan Instalments owed by such Debtor life insurance

Recoveries: Any amount received on defaulted contracts

Set-Off Reserve: Protection against set-off risks due to deposits

Collection Period

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

sc germany consumer 2017-1 monthly investor report · sc germany consumer 2017-1 reporting date...

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