Santander Consumer Bank

The Santander Consumer Bank AG is a German Credit Institution, the legal form of a corporation. Its headquarters is in Monchengladbach. It has own by the Spanish Banco Santander S.A wholly. The Santander Group the largest banks in the world with million customers and the bank exists in more than 40 countries. The bank has also represented by the Santander Consumer Bank AG in german. Similarly, The Santander Consumer Bank AG has a loan portfolio of €30.8 billion and has about 5.6 million customers.

The business model is based on three pillars: retail banking, vehicle financing, and consumer financing. However, the Santander Consumer Bank, the largest manufacturer-independent bank in the field of car, motorcycle, and (motor) caravan financing. It has maintained 10 dealer sales centers in the metropolitan areas of Hamburg, Frankfurt, Leipzig, Munich, Hanover, Berlin, Stuttgart, and Monchengladbach. Furthermore, the consumer financing business focuses on the consumer electronics, computer and furniture retail sectors.

Likewise, the Santander Consumer Bank AG has 211 branches in Germany (as of 31 December 2017). All banking services have offered directly via online and telephone banking. In total, Santander employs 3,672 people in Germany


The bank was founded in 1957 as Curt Briechle KG Absatzfinanzierung by businessman Curt Briechle in Mönchengladbach as a sales financing company for automobiles. In 1968, the company was converted into a public limited company and renamed Bankhaus Centrale Credit AG. The Spanish bank Banco Santander Central Hispano (BSCH) has acquired 100% of the bank in 1997. The Santander Central Hispano bought back the shares from the Royal Bank of Scotland.

In September 2016, the bank obtained the license to issue bonds in addition to the bank issued a bond certificate for the first time in November 2017. In 2018, the bank unified its brand image and performed in Germany as “Santander”.


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