SANTANDER CONSUMER BANK S.P.A.

Santander Consumer Bank S.p.A. is the Italian subsidiary of Santander Consumer Finance and part of Banco Santander, operating under Italian and EU banking regulation with supervision by the Bank of Italy and membership in the Fondo Interbancario di Tutela dei Depositi. Headquartered in Turin, it focuses on retail consumer finance and savings products, distributing through a mix of proprietary branches, digital channels, and partnerships with car dealers and retailers. The lending portfolio typically includes personal loans, auto and motorcycle financing, salary-backed loans (cessione del quinto and delegazione di pagamento), revolving credit lines, and point-of-sale installment solutions; the bank also intermediates insurance products connected to credit. On the savings side, it offers a deposit account proposition (including non-term and fixed-term options) aimed at parking cash and locking in rates for set maturities; these accounts are not designed for everyday payments. Deposits are protected up to 100,000 euros per depositor per bank under the Italian deposit guarantee scheme; interest on deposits for Italian tax residents is generally subject to a 26% withholding tax, and the statutory stamp duty on deposit accounts (currently 0.20% annually on balances) may apply unless otherwise specified in the product terms. Account opening and servicing are available online and via mobile banking, with identity verification and funding requirements defined in the bank’s onboarding process. Early redemption conditions on term deposits, fee schedules, interest rates, and promotional offers are set by the bank and can change; customers should review the latest information and contractual documentation before subscribing.