Ironclad Properties PLC

CIF-00020 · U75019UA2014PLC100020 · Healthcare · Public Sector · UAE

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RM: Harper Davis
Credit Risk Manager: Michael Miller
Exposure: $15.89M
CBRB: Normal
Internal: Normal
Risk Score:23 · Low
Total Exposure
$15.89M
Prev: $14.90M6.6%
Utilization
24.6%
Prev: 24.6%0.0pp
Banking Relationships
1
Prev: 10.0
CBRB Rating
Normal
Prev: Normal
Internal Rating
Normal
Prev: Normal
Open Alerts
5
C 0
H 1
M 2
L 2

Exposure Trend Analysis · 24 Months

Funded · Non-Funded · Total

Utilization Trend · Reporting Bank vs Other Banks

Threshold 70%

Rating Migration Timeline

2024-07
Doubtful
Start
2025-06
Substandard
Upgrade
2025-08
OLEM
Upgrade
2025-10
Normal
Upgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 5

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
12/14/2025Increase in Number of BanksLowBorrower has expanded banking relationships per CBRB data.
Open
Jacob Moore
12/24/2025Rating DowngradeHighBorrower rating migrated from Normal to Normal.
In Review
Benjamin Jones
5/5/2026Exposure IncreaseMediumSystem-wide exposure increased materially over the prior month.
Open
Benjamin Jones
3/2/2026Exposure ReductionMediumSystem-wide exposure declined materially over the prior month.
Open
Emily Martinez
12/30/2025Rating UpgradeLowBorrower rating improved to Normal.
In Review
David Wilson

AI Risk Score

23
/ 100
Low Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+15
Industry Concentration+10
Utilization Level+6
Banking Relationship Growth+6
Exposure Growth Trend+5
Internal Rating Drift+5

AI Risk Commentary

AI
Customer exposure increased by 6.6% month-over-month, currently at $15.89M. Banking relationships moved from 1 to 1 banks per CBRB data. CBRB rating remained stable from Normal to Normal. Current utilization is 24.6%. Overall borrower risk is assessed as low.

Recommended Actions

Review Credit Facility Structure
High
Schedule Customer Meeting
Medium
Reassess Collateral Coverage
Medium
Escalate to Credit Committee
Low
Initiate Monthly Monitoring
Medium

Relationship Team

Relationship Manager
Harper Davis
harper.davis@bank.com
+1 555 0220
Portfolio: $2.09B
Credit Risk Manager
Michael Miller
michael.miller@bank.com
+1 555 0033
Portfolio: $2.26B
Business Head
Matthew Sanchez
matthew.sanchez@bank.com
+1 555 0099
Portfolio: $2.20B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$8.80M$7.08M$15.89M24.6%1Normal
2026-05$8.09M$6.81M$14.90M24.6%1Normal
2026-04$9.22M$5.08M$14.30M26.5%1Normal
2026-03$8.55M$5.02M$13.57M29.0%1Normal
2026-02$8.88M$5.36M$14.24M30.9%2Normal
2026-01$7.88M$5.63M$13.50M35.0%2Normal
2025-12$7.68M$5.47M$13.15M38.3%2Normal
2025-11$7.18M$6.03M$13.21M34.0%2Normal
2025-10$8.56M$5.17M$13.74M37.8%2Normal
2025-09$8.99M$5.21M$14.20M40.4%2OLEM
2025-08$7.76M$5.92M$13.69M42.9%2OLEM
2025-07$7.61M$6.42M$14.03M44.4%2Substandard