Bluewave Properties SA

CIF-00476 · U75475GE2014PLC100476 · Transportation · Commercial · Germany

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RM: James Smith
Credit Risk Manager: Matthew Sanchez
Exposure: $29.55M
CBRB: Substandard
Internal: Doubtful
Risk Score:68 · High
Total Exposure
$29.55M
Prev: $30.28M2.4%
Utilization
38.0%
Prev: 42.0%4.0pp
Banking Relationships
6
Prev: 60.0
CBRB Rating
Substandard
Prev: Substandard
Internal Rating
Doubtful
Prev: Substandard
Open Alerts
0
C 0
H 0
M 0
L 0

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
2025-07
Substandard
Upgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 1

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
6/9/2026Exposure IncreaseMediumSystem-wide exposure increased materially over the prior month.
Dismissed
Amelia Thomas

AI Risk Score

68
/ 100
High Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+27
Banking Relationship Growth+15
Internal Rating Drift+12
Utilization Level+10
Industry Concentration+10
Exposure Growth Trend+5

AI Risk Commentary

AI
Customer exposure decreased by 2.4% month-over-month, currently at $29.55M. Banking relationships moved from 6 to 6 banks per CBRB data. CBRB rating remained stable from Substandard to Substandard. Current utilization is 38.0%. Overall borrower risk is assessed as high.

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
James Smith
james.smith@bank.com
+1 555 0011
Portfolio: $2.05B
Credit Risk Manager
Matthew Sanchez
matthew.sanchez@bank.com
+1 555 0099
Portfolio: $2.20B
Business Head
Joseph Jackson
joseph.jackson@bank.com
+1 555 0165
Portfolio: $2.24B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$16.54M$13.01M$29.55M38.0%6Substandard
2026-05$18.98M$11.30M$30.28M42.0%6Substandard
2026-04$16.70M$12.89M$29.59M40.2%7Substandard
2026-03$19.88M$10.04M$29.92M45.1%7Substandard
2026-02$20.12M$11.18M$31.30M50.2%7Substandard
2026-01$18.71M$13.02M$31.72M52.1%7Substandard
2025-12$16.32M$14.62M$30.94M54.5%7Substandard
2025-11$16.20M$13.62M$29.82M54.6%7Substandard
2025-10$15.87M$13.48M$29.35M51.3%7Substandard
2025-09$16.08M$12.71M$28.79M47.9%7Substandard
2025-08$18.67M$9.73M$28.40M47.3%8Substandard
2025-07$16.61M$12.63M$29.24M42.6%8Substandard