SC Germany Auto 2016-2 Monthly Investor Report...SC Germany Auto 2016-2 Reporting Date 08.03.2019 Monthly Investor Report Payment Date 13.03.2019 Period No 32 5. Concentration Limits

SC Germany Auto 2016-2

Monthly Investor Report

SC Germany Auto 2016-2 Reporting Date 08.03.2019

Monthly Investor Report Payment Date 13.03.2019

Period No 32

Cover Sheet Monthly Investor Report Monthly Period Mrz 2019

Interest Period from 13.02.2019 to 13.03.2019 = 28 days

Collection Period from 01.02.2019 to 28.02.2019

Index Page

1. Portfolio Information 1

2. Reserve Accounts 2

3. Delinquency Data 3

4. Default Data 4

5. Concentration Limits 5

6. Outstanding Notes 6

7. Original Principal Balance 7

7.1 Original PB (Graph) 8

8. Current Principal Balance 9

8.1 Current PB (Graph) 10

9. Borrower Concentration 11

10. Geographical Distribution 12

10.1 Geographical (Graph) 13

11. Object / Vehicle / Distribution 14

12. Insurances 15

13. Contract Type 16

14. Payment Methods 17

15. Downpayment 18

16. Effective Interest Rate 19

16.1 Effective Interest Rate (Graph) 20

17. Seasoning 21

17.1 Seasoning (Graph) 22

18. Remaining Term 23

18.1 Remaining Term (Graph) 24

19. Original Term 25

19.1 Original Term (Graph) 26

20. Manufacturer Brands 27

21. Priority of Payments + Transaction Costs 28

22. Retention 29

23. Counterparties 30

24. Issuer Information 31

25. Santander Consumer Bank 32

Santander Consumer Bank AG

Santander-Platz 1

41061 Mönchengladbach



Period No 32

1. Portfolio Information Monthly Period Mrz 2019



current period previous period

Outstanding ReceivablesNo. of

Contracts

Aggregate Outstanding

Principal Amount

Aggregate Outstanding

Principal Amount

Beginning of Period 161.086 1.499.999.994,84€ 1.499.999.995,63€

Scheduled Principal Payments 35.357.110,08€

Prepayment Principal 20.578.555,09€

Others 1.522.477,23€

Total Principal Collections 57.458.142,40€ 55.007.810,95€

Total Interest Collections 6.321.209,57€ 6.230.953,24€

Defaults 344.673,34€ 409.868,87€

Replenishment Amount 57.802.815,01€ 55.417.679,03€

End of Period 162.093 1.499.999.994,11€ 1.499.999.994,84€

Purchase Shortfall Amount €5,89 €5,16

Total Assets (End of Period) 1.500.000.000,00€ 1.500.000.000,00€

Current Prepayment Rate (annualised) 15,3%


Santander-Platz 1




Period No 32

2. Reserve Accounts Monthly Period Mrz 2019



Note BalanceBeginning of Period 1.500.000.000,00€

End of Period 1.500.000.000,00€

Reserve AccountsReserve Account in % Trigger Event y/n

Beginning of Period 1,00% 15.000.000,00€

Cash Outflow -€

Cash Inflow -€

End of Period 1,00% 15.000.000,00€

Required Reserve Fund 1,00% 15.000.000,00€

Commingling Reserve in %

Beginning of Period n/a no

Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Commingling Reserve Fund n/a

Set-Off Reserve (X) in %


Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Set-Off Reserve (X) Fund n/a

Set-Off Reserve (Y) in %


Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Set-Off Reserve (Y) Fund n/a

Current Set-Off (X) Amount 2.792.133,84€

Current Set-Off (Y) Amount n/a

Set-Off Amount (Y) (per Loan) n/a

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


Santander-Platz 1




Period No 32

3. Delinquency Data Monthly Period Mrz 2019




End of Period 1.500.000.000,00€

Delinquency Data and Ratios3-MRA* /

current ratio Amount at risk Overdue amount

Number of

Loans

3-MRA* 1- 30 days past due 0,20%

1- 30 days past due period before previous period 2.340.157,89€ 130.226,81€ 225

1- 30 days past due previous period 3.180.965,13€ 166.403,24€ 296

1- 30 days past due current period 0,22% 3.313.858,61€ 181.533,49€ 316

3-MRA* 31- 60 days past due 0,18%




3-MRA* 61-90 days past due 0,09%





91- 120 days past due period before previous period 748.641,67€ 53.281,94€ 71

91- 120 days past due previous period 911.482,31€ 82.932,92€ 96

91- 120 days past due current period 0,05% 688.550,34€ 64.326,08€ 75









* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 32

4. Default Data Monthly Period Mrz 2019




End of Period 1.500.000.000,00€

Default Data and Ratios Amount Number of Loans

Current Default

Current Period Gross Default 344.673,34€

Current Period Recoveries 35.810,01€

Current Period Net Default 308.863,33€

New Number of Defaulted Contracts 35

Cumulative Default

Cumulative Gross Default 6.691.111,75€

Cumulative Recoveries 744.625,19€

Cumulative Net Default 5.946.486,56€

Total Number of Defaulted Contracts 811

3-MRA* /

current ratio Ratio

3-MRA* Annualised Net Default Ratio (New Default) 0,21%

Annualised Loss Ratio period before previous period 0,12%

Annualised Loss Ratio previous period 0,27%

Annualised Loss Ratio current period 0,25% 0,25%

Principal Deficiency Trigger Event y/n

Principal Deficiency period before previous period -€ no

Principal Deficiency previous period -€

Principal Deficiency current period -€

PDL Trigger 2.500.000,00€

Repurchased Assets

Current Repurchased Asset Amount through breach of warranty or voluntary buyback -€

Cumulative Repurchased Asset Amount through breach of warranty or voluntary buyback -€

* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 32

5. Concentration Limits Monthly Period Mrz 2019



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

New Vehicles (applicable for Replenishment Portfolio) 35,00% - 35,01% no

Average Yield (applicable for Total Portfolio) 3,10% - 3,79% no

Contracts with Balloon Rates (applicable for Total Portfolio) - 42,00% 36,43% no

Remaining Term (applicable for Total Portfolio) - 62,50 43,30 no

Loans with Original Term of more than 90 months (applicable for Total Portfolio) - 30,00% 25,13% no

Early Amortisation Events Maximum-Trigger Current Value Trigger Breach

Cumulative Loss Ratio

- prior to or on 30 June 2017 0,75% - -

- prior to or on 30 June 2018 1,20% - -

- prior to or on 30 June 2019 1,80% 0,20% no

- prior to or on 30 June 2020 2,25% 0,20% no

Purchase Shortfall Event no

Period before previous period € 6,78

Previous period € 4,37

Current period € 5,16

Principal Deficiency Event no


Santander-Platz 1




Period No 32

6. Outstanding Notes Monthly Period Mrz 2019



1. Note Balance All notes Class A Class BGeneral Note Information

ISIN Code XS1446535053 XS1446535301

Currency EUR EUR

Initial Tranching in % 96,00% 4,00%

Legal Maturity Jul 2032 Jul 2032

Expected Maturity Mrz 2024 Mrz 2024

Original Rating (DBRS / S&P) A(sf) / A(sf) Not rated

Current Rating (DBRS / S&P)* A(sf) / A(sf) Not rated

Initial Notes Aggregate Principal Outstanding Balance 1.500.000.000,00 € 1.440.000.000,00 € 60.000.000,00 €

Initial Nominal per Note 100.000,00 € 100.000,00 €

Initial Number of Notes per Class 14.400 600

Current Note Information

Class Principal Outstanding Balance Beginning of Period 1.500.000.000,00 € 1.440.000.000,00 € 60.000.000,00 €

Available Distribution Amount 78.815.167,14 €

Replenishment 57.802.815,01 €

Amortisation 0,00 €

Redemption per Class 0,00 € 0,00 € 0,00 €

Redemption per Note 0,00 € 0,00 €

Class Principal Outstanding Balance End of Period 1.500.000.000,00 € 1.440.000.000,00 € 60.000.000,00 €

Current Tranching 96,00% 4,00%

Current Pool Factor 1,00 1,00

2. Payments to Investors per Note All notes Class A Class B Interest Rate Basis: Fixed 1,072% 2,277%

DayCount Convention act/360 act/360

Interest Days 28

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

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

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

> Interest accrued for the period 1.200.672,00 € 106.260,00 €

Interest Payment 1.200.672,00 € 106.260,00 €

Interest Payment per Note 83,38 € 177,10 €

3. Credit Enhancements Class A Class B Initial total CE (Subordination, Reserve) 5,00% 1,00%

Current CE (incl. Excess Spread) 7,67% 3,67%

Current CE (excl. Excess Spread) 5,00% 1,00%


Santander-Platz 1




Period No 32

7. Original Principal Balance Monthly Period Mrz 2019



Original Principal Balance

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of

Total Balance Number of Loans

Percentage of Total

Loans

0: 999 32.476,06 0,00% 41 0,03%

1000: 1999 778.689,48 0,03% 482 0,30%

2000: 2999 4.119.184,66 0,18% 1.615 1,00%

3000: 3999 11.983.369,01 0,51% 3.425 2,11%

4000: 4999 23.415.049,39 1,00% 5.197 3,21%

5000: 5999 37.520.563,22 1,60% 6.831 4,21%

6000: 6999 50.749.663,14 2,16% 7.786 4,80%

7000: 7999 64.206.255,51 2,74% 8.545 5,27%

8000: 8999 75.160.663,27 3,21% 8.833 5,45%

9000: 9999 85.309.278,94 3,64% 8.972 5,54%

10000:10999 110.132.675,18 4,70% 10.492 6,47%

11000:11999 109.761.317,19 4,68% 9.542 5,89%

12000:12999 112.205.154,94 4,79% 8.978 5,54%

13000:13999 116.411.790,83 4,97% 8.625 5,32%

14000:14999 113.347.378,99 4,84% 7.817 4,82%

15000:15999 117.221.613,27 5,00% 7.565 4,67%

16000:16999 114.807.529,95 4,90% 6.963 4,30%

17000:17999 108.296.844,21 4,62% 6.191 3,82%

18000:18999 102.787.659,85 4,38% 5.559 3,43%

19000:19999 96.525.160,85 4,12% 4.952 3,06%

20000:20999 92.614.247,68 3,95% 4.524 2,79%

21000:21999 89.468.110,30 3,82% 4.164 2,57%

22000:22999 80.654.137,88 3,44% 3.586 2,21%

23000:23999 70.797.136,89 3,02% 3.013 1,86%

24000:24999 67.807.788,99 2,89% 2.768 1,71%

25000:25999 59.077.775,55 2,52% 2.318 1,43%

26000:26999 54.908.902,04 2,34% 2.073 1,28%

27000:27999 47.465.944,43 2,02% 1.727 1,07%

28000:28999 41.700.312,68 1,78% 1.464 0,90%

29000:29999 35.593.871,26 1,52% 1.207 0,74%

30000:30999 32.539.315,24 1,39% 1.068 0,66%

31000:31999 28.764.706,58 1,23% 913 0,56%

32000:32999 23.717.588,01 1,01% 730 0,45%

33000:33999 22.164.899,05 0,95% 662 0,41%

34000:34999 17.830.561,38 0,76% 517 0,32%

35000:35999 15.430.051,09 0,66% 435 0,27%

36000:36999 12.953.470,10 0,55% 355 0,22%

37000:37999 12.547.674,65 0,54% 335 0,21%

38000:38999 10.472.145,39 0,45% 272 0,17%

39000:39999 8.439.028,40 0,36% 214 0,13%

40000:40999 7.117.426,90 0,30% 176 0,11%

41000:41999 5.815.778,38 0,25% 140 0,09%

42000:42999 6.583.614,69 0,28% 155 0,10%

43000:43999 4.778.404,99 0,20% 110 0,07%

44000:44999 4.229.503,64 0,18% 95 0,06%

45000:45999 4.319.955,37 0,18% 95 0,06%

46000:46999 3.392.312,92 0,14% 73 0,05%

47000:47999 3.088.210,79 0,13% 65 0,04%

48000:48999 2.470.696,27 0,11% 51 0,03%

49000:49999 1.933.720,86 0,08% 39 0,02%

50000:50999 2.471.816,78 0,11% 49 0,03%

51000:51999 1.596.452,97 0,07% 31 0,02%

52000:52999 998.692,36 0,04% 19 0,01%

53000:53999 1.123.144,67 0,05% 21 0,01%

54000:54999 1.087.491,75 0,05% 20 0,01%

55000:55999 1.162.494,93 0,05% 21 0,01%

56000:56999 733.888,54 0,03% 13 0,01%

57000:57999 804.051,72 0,03% 14 0,01%

58000:58999 467.882,88 0,02% 8 0,00%

59000:59999 596.628,54 0,03% 10 0,01%

60000:60000 300.000,00 0,01% 5 0,00%60001: 9.458.337,71 0,40% 127 0,08%

Total 2.344.250.493,19 100,00% 162.093 100,00%

Statistics in EUR

Average Amount 14.462,38


Santander-Platz 1




Period No 32

7.1 Original PB (Graph) Monthly Period Mrz 2019



0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

140.000.000

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Santander-Platz 1




Period No 32

8. Current Principal Balance Monthly Period Mrz 2019



Current Principal Balance

(Ranges in EUR)

Current Principal

Balance in EUR

Percentage of Total

Balance Number of Loans

Percentage of Total

Loans

0: 999 3.923.532,05 0,26% 8.449 5,21%

1000: 1999 12.835.818,96 0,86% 8.495 5,24%

2000: 2999 24.170.376,75 1,61% 9.627 5,94%

3000: 3999 36.506.844,54 2,43% 10.435 6,44%

4000: 4999 49.479.423,57 3,30% 10.986 6,78%

5000: 5999 61.127.535,06 4,08% 11.106 6,85%

6000: 6999 71.470.591,00 4,76% 11.001 6,79%

7000: 7999 81.742.126,74 5,45% 10.904 6,73%

8000: 8999 85.644.965,04 5,71% 10.085 6,22%

9000: 9999 89.391.790,00 5,96% 9.418 5,81%

10000:10999 89.048.862,92 5,94% 8.487 5,24%

11000:11999 86.500.991,33 5,77% 7.528 4,64%

12000:12999 84.772.698,13 5,65% 6.787 4,19%

13000:13999 81.066.502,51 5,40% 6.012 3,71%

14000:14999 73.059.331,71 4,87% 5.043 3,11%

15000:15999 68.396.605,82 4,56% 4.416 2,72%

16000:16999 62.731.199,32 4,18% 3.805 2,35%

17000:17999 57.318.037,40 3,82% 3.276 2,02%

18000:18999 49.470.730,90 3,30% 2.677 1,65%

19000:19999 43.891.582,26 2,93% 2.252 1,39%

20000:20999 39.763.997,65 2,65% 1.941 1,20%

21000:21999 33.152.948,69 2,21% 1.543 0,95%

22000:22999 31.351.093,92 2,09% 1.394 0,86%

23000:23999 26.042.320,88 1,74% 1.109 0,68%

24000:24999 23.733.988,62 1,58% 969 0,60%

25000:25999 20.708.166,18 1,38% 812 0,50%

26000:26999 16.648.343,27 1,11% 629 0,39%

27000:27999 14.155.058,50 0,94% 515 0,32%

28000:28999 10.970.138,94 0,73% 385 0,24%

29000:29999 10.470.798,78 0,70% 355 0,22%

30000:30999 8.866.910,76 0,59% 291 0,18%

31000:31999 7.182.055,62 0,48% 228 0,14%

32000:32999 5.553.657,94 0,37% 171 0,11%

33000:33999 4.849.821,76 0,32% 145 0,09%

34000:34999 3.652.366,57 0,24% 106 0,07%

35000:35999 3.442.857,82 0,23% 97 0,06%

36000:36999 3.497.001,57 0,23% 96 0,06%

37000:37999 2.807.431,19 0,19% 75 0,05%

38000:38999 2.729.771,32 0,18% 71 0,04%

39000:39999 1.976.840,03 0,13% 50 0,03%

40000:40999 2.062.756,28 0,14% 51 0,03%

41000:41999 1.412.801,48 0,09% 34 0,02%

42000:42999 1.320.644,77 0,09% 31 0,02%

43000:43999 915.947,48 0,06% 21 0,01%

44000:44999 534.823,83 0,04% 12 0,01%

45000:45999 909.692,12 0,06% 20 0,01%

46000:46999 837.943,93 0,06% 18 0,01%

47000:47999 665.168,72 0,04% 14 0,01%

48000:48999 483.384,74 0,03% 10 0,01%

49000:49999 591.550,27 0,04% 12 0,01%

50000:50999 454.066,31 0,03% 9 0,01%

51000:51999 514.784,42 0,03% 10 0,01%

52000:52999 368.640,12 0,02% 7 0,00%

53000:53999 374.700,05 0,02% 7 0,00%

54000:54999 108.931,18 0,01% 2 0,00%

55000:55999 277.598,75 0,02% 5 0,00%

56000:56999 396.811,61 0,03% 7 0,00%

57000:57999 171.991,39 0,01% 3 0,00%

58000:58999 409.263,97 0,03% 7 0,00%

59000:59999 238.073,96 0,02% 4 0,00%60001: 2.845.302,71 0,19% 38 0,02%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Statistics in EUR

Average Amount 9.253,95


Santander-Platz 1




Period No 32

8.1 Current PB (Graph) Monthly Period Mrz 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

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Santander-Platz 1




Period No 32

9. Borrower Concentration Monthly Period Mrz 2019



No

Current Principal

Balance in EUR

Percentage of


1 102.360,62 0,0068% 1

2 100.421,56 0,0067% 1

3 99.898,92 0,0067% 1

4 97.792,07 0,0065% 1

5 96.895,01 0,0065% 1

6 95.924,26 0,0064% 1

7 91.956,49 0,0061% 1

8 87.723,74 0,0058% 1

9 85.395,05 0,0057% 1

10 83.874,98 0,0056% 1

11 80.860,97 0,0054% 2

12 78.226,72 0,0052% 1

13 76.486,33 0,0051% 1

14 76.343,68 0,0051% 1

15 76.174,74 0,0051% 1

16 75.349,53 0,0050% 1

17 75.306,39 0,0050% 1

18 74.012,51 0,0049% 1

19 73.412,87 0,0049% 1

20 73.185,15 0,0049% 1

21 71.288,27 0,0048% 1

22 71.165,40 0,0047% 1

23 70.982,64 0,0047% 1

24 66.563,02 0,0044% 2

25 66.145,14 0,0044% 1

2.047.746,06 0,1365% 27


Santander-Platz 1




Period No 32

10. Geographical Distribution Monthly Period Mrz 2019



State

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Baden-Wuerttemberg 148.713.635,62 9,91% 15.366 9,48%

Bavaria 158.140.525,96 10,54% 16.358 10,09%

Berlin 28.668.165,83 1,91% 3.100 1,91%

Brandenburg 86.896.009,65 5,79% 9.552 5,89%

Bremen 8.370.791,95 0,56% 921 0,57%

Hamburg 15.760.138,13 1,05% 1.682 1,04%

Hesse 89.553.720,66 5,97% 9.622 5,94%

Lower Saxony 160.314.865,37 10,69% 17.369 10,72%

Mecklenburg-Western Pomerania 74.619.227,17 4,97% 8.314 5,13%

North Rhine-Westphalia 283.374.509,05 18,89% 30.762 18,98%

Rhineland-Palatinate 68.934.707,63 4,60% 7.345 4,53%

Saarland 21.197.375,72 1,41% 2.135 1,32%

Saxonia 99.710.821,37 6,65% 11.686 7,21%

Saxony-Anhalt 107.883.335,78 7,19% 11.879 7,33%

Schleswig-Holstein 56.619.723,95 3,77% 6.184 3,82%

Thuringia 88.231.991,47 5,88% 9.504 5,86%

n/a 3.010.448,80 0,20% 314 0,19%

Total 1.499.999.994,11 100,00% 162.093 100,00%


Santander-Platz 1




Period No 32

10.1 Geographical Distribution (Graph) Monthly Period Mrz 2019



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

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Santander-Platz 1




Period No 32

11. Object/Vehicle Type Monthly Period Mrz 2019



Vehicle Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

New =<90 433.798.794,96 28,92% 41.256 25,45%New >90 132.883.059,65 8,86% 9.768 6,03%

New Vehicle 566.681.854,61 37,78% 51.024 31,48%

Used =<90 689.260.250,32 45,95% 92.010 56,76%Used >90 244.057.889,18 16,27% 19.059 11,76%

Used Vehicle 933.318.139,50 62,22% 111.069 68,52%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Object Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Car 1.452.254.113,48 96,82% 155.243 95,77%

Leisure 24.022.541,21 1,60% 1.835 1,13%Motorbike 23.723.339,42 1,58% 5015 3,09%

Total 1.499.999.994,11 100,00% 162.093 100,00%


Santander-Platz 1




Period No 32

12. Insurances Monthly Period Mrz 2019



Payment Protection

Insurance

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 435.850.422,68 29,06% 46.961 28,97%Yes 1.064.149.571,43 70,94% 115.132 71,03%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Gap Insurance

(Santander Safe)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 991.987.517,42 66,13% 112.990 69,71%Yes 508.012.476,69 33,87% 49.103 30,29%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Repair Cost Insurance

(Santander AutoCare)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 1.367.918.674,47 91,19% 147.833 91,20%Yes 132.081.319,64 8,81% 14.260 8,80%

Total 1.499.999.994,11 100,00% 162.093 100,00%


Santander-Platz 1




Period No 32

13. Type of Contract Monthly Period Mrz 2019



Contracts w/Balloon Payments

Current Principal Balance

in EUR

Percentage of Total


Percentage of Total

Loans

No 953.475.135,82 63,57% 117.834 72,70%

Yes 546.524.858,29 36,43% 44.259 27,30%

- of which balloon rates 349.097.151,84 23,27%

- of which regular installments 197.427.706,45 13,16%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Balloon Loans - Original Term

in months

Balloon Rates

in EUR

Balloon Rates in % of

Total Balloon Rates

Number of Balloon

Loans

Percentage of Total

Balloon Loans

0:12 72.411,52 0,02% 12 0,03%

13:25 2.509.335,26 0,72% 347 0,78%

26:38 25.612.623,18 7,34% 3.059 6,91%

39:51 103.920.338,58 29,77% 12.811 28,95%

52:64 216.551.267,04 62,03% 27.998 63,26%

65:72 188.035,11 0,05% 13 0,03%73: 243.141,15 0,07% 19 0,04%

Total 349.097.151,84 100,00% 44.259 100,00%

Balloon Loans - Remaining

Term in months

Balloon Rates

in EUR

Balloon Rates in % of

Total Balloon Rates

Number of Balloon

Loans

Percentage of Total

Balloon Loans

0:12 67.740.711,86 19,40% 8.891 20,09%

13:25 136.189.409,74 39,01% 17.455 39,44%

26:38 87.514.336,11 25,07% 10.975 24,80%

39:51 53.657.400,75 15,37% 6.463 14,60%

52:64 3.866.635,13 1,11% 463 1,05%

65:72 88.829,30 0,03% 8 0,02%73: 39.828,95 0,01% 4 0,01%

Total 349.097.151,84 100,00% 44.259 100,00%


Santander-Platz 1




Period No 32

14. Payment Methods Monthly Period Mrz 2019



Payment Method

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Direct Debit 1.488.330.668,11 99,22% 160.768 99,18%Other 11.669.326,00 0,78% 1.325 0,82%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Cycle of Payment

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

15th of month 680.280.028,64 45,35% 73.703 45,47%1st of month 819.719.965,47 54,65% 88.390 54,53%

Total 1.499.999.994,11 100,00% 162.093 100,00%


Santander-Platz 1




Period No 32

15. Downpayment Monthly Period Mrz 2019



Downpayment

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of

Total Balance Number of Loans

Percentage of Total

Loans

Downpayment /

Purchase Price in %

No Downpayment 571.615.076,63 38,11% 55.101 33,99% 0,00%

0: 999 51.954.952,88 3,46% 7.245 4,47% 4,92%

1000: 1999 120.381.988,09 8,03% 15.396 9,50% 10,12%

2000: 2999 133.950.883,95 8,93% 16.137 9,96% 15,56%

3000: 3999 116.268.865,19 7,75% 13.331 8,22% 20,17%

4000: 4999 86.227.636,29 5,75% 9.835 6,07% 24,62%

5000: 5999 104.330.125,10 6,96% 11.219 6,92% 27,33%

6000: 6999 60.239.782,36 4,02% 6.614 4,08% 31,76%

7000: 7999 48.664.493,56 3,24% 5.292 3,26% 34,90%

8000: 8999 39.000.564,37 2,60% 4.291 2,65% 37,71%

9000: 9999 22.507.025,91 1,50% 2.459 1,52% 40,88%

10000:10999 49.364.950,27 3,29% 5.048 3,11% 41,12%

11000:11999 14.163.378,81 0,94% 1.579 0,97% 45,32%

12000:12999 15.090.245,64 1,01% 1.751 1,08% 48,35%

13000:13999 9.947.182,04 0,66% 1.105 0,68% 49,56%

14000:14999 7.481.178,64 0,50% 888 0,55% 52,73%

15000:15999 14.382.891,40 0,96% 1.491 0,92% 50,99%

16000:16999 5.554.788,36 0,37% 575 0,35% 53,32%

17000:17999 4.315.055,09 0,29% 469 0,29% 56,01%

18000:18999 3.427.531,88 0,23% 367 0,23% 55,85%

19000:19999 2.239.261,26 0,15% 250 0,15% 59,07%

20000:20000 5.535.586,61 0,37% 473 0,29% 53,72%20001: 13.356.549,78 0,89% 1.177 0,73% 61,11%

Total 1.499.999.994,11 100,00% 162.093 100,00% 20,19%

Downpayment and

Purchase Price All Contracts

Contracts with

Downpayment

Average downpayment 3.393,43€ 5.141,05€

Average Purchase Price 16.804,53€ 17.927,80€

Mimimum Downpayment 100,00€

Maximum Downpayment 110.000,00€

Downpayment in % 20,19% 28,68%


Santander-Platz 1




Period No 32

16. Effective Interest Rate Monthly Period Mrz 2019



Yield Range*

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 0 858.509,71 0,06% 74 0,05%

1: 1 141.719.527,15 9,45% 12.219 7,54%

2: 2 363.171.053,41 24,21% 33.119 20,43%

3: 3 617.390.215,39 41,16% 63.945 39,45%

4: 4 246.645.963,19 16,44% 31.487 19,43%

5: 5 83.803.545,38 5,59% 13.191 8,14%

6: 6 29.111.150,38 1,94% 5.102 3,15%

7: 7 8.878.129,05 0,59% 1.644 1,01%

8: 8 6.120.775,63 0,41% 866 0,53%

9: 9 1.763.013,79 0,12% 354 0,22%

10:10 404.114,74 0,03% 75 0,05%11:11 133.996,29 0,01% 17 0,01%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Statistics in %

WA Interest 3,79%

*runs from .00 to .99


Santander-Platz 1




Period No 32

16.1 Effective Interest Rate (Graph) Monthly Period Mrz 2019



*runs from .00 to .99

0

100.000.000

200.000.000

300.000.000

400.000.000

500.000.000

600.000.000

700.000.000

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

Cu

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Yield Range*


Santander-Platz 1




Period No 32

17. Seasoning Monthly Period Mrz 2019



Seasoning in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 2 2.708.208,44 0,18% 197 0,12%

3: 5 35.720.739,35 2,38% 2.882 1,78%

6: 8 87.518.311,45 5,83% 7.480 4,61%

9:11 124.831.394,93 8,32% 10.713 6,61%

12:14 106.516.415,40 7,10% 9.220 5,69%

15:17 95.908.861,13 6,39% 8.416 5,19%

18:20 109.617.437,96 7,31% 10.019 6,18%

21:23 105.413.763,83 7,03% 10.274 6,34%

24:26 83.640.270,80 5,58% 8.324 5,14%

27:29 66.342.338,75 4,42% 6.686 4,12%

30:32 75.360.164,79 5,02% 8.186 5,05%

33:35 151.152.949,76 10,08% 17.747 10,95%

36:38 144.856.735,03 9,66% 17.822 10,99%

39:41 88.209.548,32 5,88% 10.918 6,74%

42:44 84.697.531,33 5,65% 11.347 7,00%

45:47 50.040.505,40 3,34% 7.240 4,47%

48:50 30.526.027,72 2,04% 4.373 2,70%

51:53 19.030.545,63 1,27% 2.894 1,79%

54:56 18.124.511,77 1,21% 2.977 1,84%

57:59 6.398.906,19 0,43% 1.102 0,68%

60:62 2.920.024,30 0,19% 572 0,35%

63:65 1.778.668,39 0,12% 278 0,17%

66:68 1.844.978,17 0,12% 366 0,23%

69:71 1.975.027,50 0,13% 471 0,29%

72:74 1.036.762,07 0,07% 224 0,14%

75:77 807.199,22 0,05% 183 0,11%

78:80 962.067,98 0,06% 271 0,17%81: 2.060.098,50 0,14% 911 0,56%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Statistics

WA Seasoning 26,93


Santander-Platz 1




Period No 32

17.1 Seasoning (Graph) Monthly Period Mrz 2019



0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

140.000.000

160.000.000

0: 2 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 78:80 81:

Cu

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Bala

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Seasoning in Months


Santander-Platz 1




Period No 32

18. Remaining Term Monthly Period Mrz 2019



Remaining Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 6 38.474.341,51 2,56% 13.499 8,33%

7: 13 84.373.064,87 5,62% 16.348 10,09%

14: 20 131.179.415,81 8,75% 19.416 11,98%

21: 27 197.624.236,65 13,17% 23.655 14,59%

28: 34 133.434.009,70 8,90% 15.255 9,41%

35: 41 174.420.401,26 11,63% 17.189 10,60%

42: 48 148.022.330,60 9,87% 13.566 8,37%

49: 55 159.938.207,41 10,66% 13.727 8,47%

56: 62 110.352.122,77 7,36% 8.863 5,47%

63: 69 87.461.574,46 5,83% 6.376 3,93%

70: 76 81.361.687,21 5,42% 5.395 3,33%

77: 83 69.097.078,00 4,61% 4.199 2,59%

84: 90 64.241.178,90 4,28% 3.594 2,22%

91: 97 17.917.634,71 1,19% 907 0,56%

98:104 1.895.878,76 0,13% 95 0,06%105:107 206.831,49 0,01% 9 0,01%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Statistics

WA Remaining Term 43,30


Santander-Platz 1




Period No 32

18.1 Remaining Term (Graph) Monthly Period Mrz 2019



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

0: 6 7: 13 14: 20 21: 27 28: 34 35: 41 42: 48 49: 55 56: 62 63: 69 70: 76 77: 83 84: 90 91: 97 98:104 105:107

Cu

rren

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cip

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Bala

nce

Remaining Term in Months


Santander-Platz 1




Period No 32

19. Original Term Monthly Period Mrz 2019



Original Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 12 508.924,08 0,03% 315 0,19%

13: 25 11.821.023,41 0,79% 4.217 2,60%

26: 38 68.079.063,92 4,54% 14.394 8,88%

39: 51 219.505.557,70 14,63% 30.816 19,01%

52: 64 515.356.576,36 34,36% 52.310 32,27%

65: 77 140.711.398,22 9,38% 16.806 10,37%

78: 90 167.076.501,59 11,14% 14.408 8,89%

91:103 363.680.771,55 24,25% 28.057 17,31%

104:104 344.385,09 0,02% 27 0,02%

105: 12.915.792,19 0,86% 743 0,46%

Total 1.499.999.994,11 100,00% 162.093 100,00%

Statistics

WA Original Term 70,23


Santander-Platz 1




Period No 32

19.1 Original Term (Graph) Monthly Period Mrz 2019



0

100.000.000

200.000.000

300.000.000

400.000.000

500.000.000

600.000.000

0: 12 13: 25 26: 38 39: 51 52: 64 65: 77 78: 90 91:103 104:104 105:

Cu

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Original Term in Months


Santander-Platz 1




Period No 32

20. Manufacturer Brands Monthly Period Mrz 2019



Manufacturer

brands

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

1 159.569.048,46 10,64% 14.415 8,89%

2 149.106.696,64 9,94% 16.323 10,07%

3 138.829.956,35 9,26% 15.856 9,78%

4 133.279.774,42 8,89% 13.099 8,08%

5 122.413.214,72 8,16% 15.699 9,69%

6 104.573.804,78 6,97% 9.297 5,74%

7 69.628.912,45 4,64% 6.630 4,09%

8 62.139.260,23 4,14% 5.765 3,56%

9 61.896.482,48 4,13% 7.140 4,40%

10 61.524.676,26 4,10% 6.205 3,83%

11 49.641.583,67 3,31% 5.512 3,40%

12 35.711.038,66 2,38% 3.823 2,36%

13 34.139.008,33 2,28% 3.712 2,29%

14 32.983.704,49 2,20% 2.563 1,58%

15 32.591.972,11 2,17% 4.298 2,65%

1.248.029.134,05 83,20% 130.337 80,41%

TOP 15 manufacturer brands in alphabetical order:

Audi, BMW, Fiat, Ford, Hyundai, Kia, Mazda, Mercedes, Nissan, Opel, Renault, SEAT (E), Skoda, Volvo, VW


Santander-Platz 1




Period No 32

21. Priority of Payments + Transaction Costs Monthly Period Mrz 2019



Priority of Payments

Available Distribution Amount 78.815.167,14 €

Senior Expenses - 23.885,02 €

Interest Notes Class A - 1.200.672,00 €

Interest Notes Class B - 106.260,00 €

Replenishment - 57.802.815,01 €

Payments to Purchase Shortfall Account - 5,89 €

Payments to Reserve Fund - 15.000.000,00 €

Principal Payments Class A - - €

Principal Payments Class B - - €

Payments to Commingling Reserve Ledger - n/a Payments to Set-Off Reserve Ledger - n/a

Interest Subordinated Loan - 33.565,00 €

Principal Payments Subordinated Loan - - €

Payments to Seller = 4.647.964,22 €

Transaction Costs All notes Class A Class B Senior Expenses 23.885,02 €-

Interest accrued for the Period 1.306.932,00 €- 1.200.672,00 €- 106.260,00 €-

Cumulative Interest accrued 44.714.676,00 €- 41.079.024,00 €- 3.635.652,00 €-

Interest Payments 1.306.932,00 €- 1.200.672,00 €- 106.260,00 €-

Cumulative Interest Payments 44.714.676,00 €- 41.079.024,00 €- 3.635.652,00 €-

Interest accrued on Subordinated Loan for the Period 33.565,00 €-

Cumulative Interest accrued on Subordinated Loan 1.148.402,50 €-

Interest Payments on Subordinated Loan 33.565,00 €-

Cumulative Interest Payments on Subordinated Loan 1.148.402,50 €-

Unpaid Interest for the Period - €

Cumulative Unpaid Interest - €


Santander-Platz 1




Period No 32

22. Retention Monthly Period 13.03.2019



1.499.999.950,68 €

1.499.999.994,84 €

1.499.999.994,11 €

15.000.000,00 €

15.000.000,00 €

15.000.000,00 €

60.000.000,00 €

60.000.000,00 €

60.000.000,00 €

Outstanding Balance of the Class A Notes as of the Offer Date: 1.440.000.000,00 €

Outstanding Balance of the Class A Notes as of the beginning of the Monthly Period: 1.440.000.000,00 €

Outstanding Balance of the Class A Notes of the end of the Monthly Period: 1.440.000.000,00 €

101,00%

101,00%

101,00%

Net Economic Interest Ratio as of Offer Date:

Net Economic Interest Ratio as of the beginning of the Monthly Period:

Net Economic Interest Ratio as of the end of the Monthly Period:

Santander Consumer Bank AG confirms its compliance to have continuously retained a net economic interest in the SC Germany Auto 2016-2 securitisation transaction of at least 5% of the

securitised Purchased Receivables pursuant to Art. 405 of the CRR (Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013) by retaining the regulatory

first loss tranche which is represented by the Subordinated Loan of at least 1% and by retaining the regulatory second loss tranche which is represented by the Class B Notes of at least 4,0%.

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

Outstanding Balance of the Class B Notes as of the beginning of the Monthly Period:

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

Outstanding Principal Balance of Purchased Receivables as of the end of the Monthly Period:

Outstanding Principal Balance of the Subordinated Loan as of the Offer Date:

Outstanding Principal Balance of the Subordinated Loan as of the beginning of the Monthly Period:

Outstanding Principal Balance of the Subordinated Loan as of the end of the Monthly Period:

Outstanding Principal Balance of Purchased Receivables as of the Offer Date:

Outstanding Principal Balance of Purchased Receivables as of the beginning of the Monthly Period:


Santander-Platz 1


SC Germany Auto 2016-2 08.03.2019

Monthly Investor Report 13.03.2019

32

23. Counterparties Mrz 2019

from 13.02.2019 to 13.03.2019 = 28 days

from 01.02.2019 to 28.02.2019

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

Counterpart

y status

Calculation Agent, Cash Administrator and Principal

Paying Agent: Bank of New York MellonAA R-1H POS AA- A-1+ STABLE

performing

One Canada Square

eMail: [email protected] London, E14 5 ALPhone: +49 69 12014 1772 United Kingdom

Account Bank: Banco Santander S.A. AH R-1M STABLE A A-1 STABLE performing

Bockenheimer Landstraße 39

eMail: [email protected] 60325 Frankfurt am Main

Phone: +49 (0) 6959676 408 Germany

Transaction Security Trustee: Intertrust Trustees Limited - - - - - - performing

35 Great St. Helen's

[email protected] London EC3A 6APPhone: +44 (0) 20 7398 6324 United Kingdom

Data Trustee: Intertrust (Deutschland) GmbH - - - - - - performing

Grüneburgweg 58-62

[email protected] 60322 Frankfurt am Main

Phone: +49 (0) 69 643 50 8904 Germany

Rating Agencies: DBRS Ratings Ltd. Standard & Poor's Ratings Services

Structured Finance Structured Finance

1 Minister Court, 10th floor, Mincing Lane 20 Canada Square

EC3R 7 AA London E14 5LH London

United Kingom United Kingdom

Ratings as of 28.02.2019, data source: Bloomberg

DBRS S & P

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

Collection Period


Santander-Platz 1


mailto:[email protected]






Period No 32

24. Issuer Information Monthly Period Mrz 2019



Deal Name: SC Germany Auto 2016-2

Issuer: SC Germany Auto 2016-2 UG (haftungsbeschränkt)

The Managing Directors

Grüneburgweg 58-62

60322 Frankfurt am Main

Germany

eMail [email protected]

fax +49 (0) 69 643 50 8925

LEI: 391200GPPVRCAWKDJZ93

Seller of the Receivables: Santander Consumer Bank AG

Servicer Name: Santander Consumer Bank AG

Reporting Entity: Santander Consumer Bank AG

Capital Markets

Santander-Platz 1

41061 MönchengladbachGermany


fax +49 69 643 50 8925

SPV-Administrator: Intertrust (Deutschland) GmbH

Grüneburgweg 58-62

60322 Frankfurt am Main

Germany


fax +49 (0) 69 643 50 8925


Santander-Platz 1


SC Germany Auto 2016-2 08.03.2019


32

25. Santander Consumer Bank Mrz 2019

from 13.02.2019 to 13.03.2019 = 28 days

from 01.02.2019 to 28.02.2019

Contact DetailsCapital Markets

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

Ralf Schüring +49-2161-690-5464 [email protected]

Bastian Menges +49-2161-690-7085 [email protected]

Stefan Zilligen +49-2161-690-6069 [email protected]

Tobias Daners +49-2161-690-7410 [email protected]

Robert Westermann +49-2161-690-7424 [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 28.02.2019, data source: Bloomberg

Collection Period

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period


S&PDBRS

Banco Santander S.A.

Santander Consumer Finance S.A.


Santander-Platz 1







SC Germany Auto 2016-2 08.03.2019


32

26. Glossary Mrz 2019

from 13.02.2019 to 13.03.2019 = 28 days

from 01.02.2019 to 28.02.2019

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

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

Balloon Loan: A loan where the final payment due is higher than any of the previous loan instalments payable by the relevant debtor.

Balloon Payment: The final payment of a balloon loan.

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

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

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

Downpayment: The initial upfront portion of the total net amount due at the time of finalizing the contract.

Excess Spread: Excess Spread equals WA Portfolio Yield minus Fixed Swap Rate minus WA Notes Margin

Gap Insurance: Insurance which covers the risk that loss is incurred if the relevant Financed Vehicle has to be completely written off (total damage) due to fire, accident (irrespective

of whether such accident was caused by the Debtor or a third party), flooding or theft

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

Expected Maturity: Maturity date of the notes under the assumption of (a) a 14% constant prepayment rate, (b) an exercised Clean-Up Call at 10%

and (c) 0% Gross Loss Assumption.

Leisure: Is composed of motorised and not motorised caravans and campers.

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

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

Recoveries: Any amount received on defaulted contracts

Repair Cost Insurance: Insurance which covers repair costs for the repair of certain important components of the Financed Vehicle

Set-Off Reserves (X/Y): Protection against set-off risks due to (X) capitalized service fees (e.g. Payment Protection Insurance, Gap Insurance, Repair Cost Insurance) and (Y) deposits

Used Vehicle Shall mean any Financed Vehicle the date of purchase of which by the relevant debtor was later than 12 months after the date of first registration

of such Financed Vehicle

Collection Period

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

Documents

SC Germany Auto 2016-2 Monthly Investor Report...SC Germany Auto 2016-2 Reporting Date 08.03.2019 Monthly Investor Report Payment Date 13.03.2019 Period No 32 5. Concentration Limits