Santander Consumer Bank AS is part of Banco Santander, which is headquartered in Spain. This particular subsidiary is mainly based in Norway, with operations across the Nordic region. It is a leader in providing consumer car finance. As Norway has been a leader in passenger electric vehicle adoption, Santander has a large portfolio of consumer car loans linked to passenger electric vehicles. This includes exposure to over 25,000 passenger electric vehicles.
|February 2020||Use of proceeds bond||
SEK 1 billion
(USD 104 million)
|3 years||Norway||Low Carbon Transport||pre issuance verification||Santander Consumer Bank AS green bond website|