Santander Consumer Bank AG

 (2.0; 66 ratings)
2.0 66

Business Focus

retail banking

Santander Consumer Bank AG, a member of Santander Group (Spain), is a provider of financial services in retail banking. The head bank of the group, Banco Santander, based in Madrid is mainly active in retail banking and in addition in global wholesale banking, cards, asset management and insurance business.

Services

retail banking

Area Served

DEGermany

Products

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Santander Consumer Bank AG can be done in a few steps:

1.
Submit online application
2.
Visit bank branch


Due to regulatory requirements Santander Consumer Bank AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Santander Consumer Bank AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients Santander Consumer Bank AG will ask to provide corporate documentation as well as information about controlling persons. Santander Consumer Bank AG may request additional documentation or information depending on the case. Santander Consumer Bank AG performs client's identity verification via branch visit.

Ways to Bank

Santander Consumer Bank AG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of Santander Consumer Bank AG
Net_income of Santander Consumer Bank AG
Market Share of Santander Consumer Bank AG
Total Assets (2018)
43,047.86 mln EUR  (+1.48%)
Net Income (2018)
0.00 EUR

Santander Consumer Bank AG is the 25th largest bank in Germany in terms of total assets. In 2018 its total assets were 43 047,86 mln EUR, providing the bank with the market share of 0.61%. In 2018 the bank's net income was 0,00 EUR.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Santander Consumer Bank AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Deposit Guarantee

Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

Santander Consumer Bank AG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Santander Consumer Bank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

Member of Group

 Santander (Spain)

Contacts

Santander-Platz 1, 41061, Mönchengladbach, Germany
10 12 14

Santander Consumer Bank AG is headquartered in Mönchengladbach.

Bank Identifiers

BIC (SWIFT)
SCFBDE33XXX
LEI
5299002CRNX7K6KOL397
MFI ID
DE03293

Similar Banks

Aareal Bank AG Logo Aareal Bank AG
structured property financing
abcbank GmbH Logo abcbank GmbH
retail banking
ABK Allgemeine Beamten Bank AG Logo ABK Allgemeine Beamten Bank AG
retail banking for public sector employees
Airbus Bank GmbH Logo Airbus Bank GmbH
financing for Airbus
AKA Ausfuhrkredit GmbH Logo AKA Ausfuhrkredit GmbH
corporate banking

See Also

Related Articles