Ironclad Manufacturing SA

CIF-00991 · U75990SI2014PLC100991 · Manufacturing · Project Finance · Singapore

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RM: Charlotte Perez
Credit Risk Manager: Grace Lee
Exposure: $10.24M
CBRB: OLEM
Internal: Normal
Risk Score:69 · High
Total Exposure
$10.24M
Prev: $10.10M1.4%
Utilization
84.7%
Prev: 80.2%4.5pp
Banking Relationships
5
Prev: 50.0
CBRB Rating
OLEM
Prev: Normal
Internal Rating
Normal
Prev: Normal
Open Alerts
2
C 0
H 1
M 1
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
Normal
Start
2026-04
OLEM
Downgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 3

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
5/1/2026Decrease in Number of BanksMediumOne or more banks have exited the relationship.
Open
Charlotte Perez
4/26/2026Utilization Above 70%HighFacility utilization breached the 70% early-warning threshold.
Resolved
Nathan Hernandez4/26/2026
6/5/2026Rating DowngradeHighBorrower rating migrated from Normal to OLEM.
In Review
Olivia Taylor

AI Risk Score

69
/ 100
High Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+21
Utilization Level+21
Industry Concentration+16
Banking Relationship Growth+15
Exposure Growth Trend+5
Internal Rating Drift+5

AI Risk Commentary

AI
Customer exposure increased by 1.4% month-over-month, currently at $10.24M. Banking relationships moved from 5 to 5 banks per CBRB data. CBRB rating deteriorated from Normal to OLEM. Current utilization is 84.7% — above the 70% early warning threshold. Overall borrower risk is assessed as high.

Recommended Actions

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

Relationship Team

Relationship Manager
Charlotte Perez
charlotte.perez@bank.com
+1 555 0176
Portfolio: $2.23B
Credit Risk Manager
Grace Lee
grace.lee@bank.com
+1 555 0264
Portfolio: $2.12B
Business Head
David Wilson
david.wilson@bank.com
+1 555 0055
Portfolio: $2.35B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$5.88M$4.36M$10.24M84.7%5OLEM
2026-05$6.33M$3.77M$10.10M80.2%5OLEM
2026-04$5.37M$4.78M$10.15M83.4%5OLEM
2026-03$6.22M$4.29M$10.51M79.4%5Normal
2026-02$6.50M$4.39M$10.89M78.9%4Normal
2026-01$6.04M$4.97M$11.01M79.3%4Normal
2025-12$6.48M$4.94M$11.42M73.5%5Normal
2025-11$6.84M$3.92M$10.76M73.4%5Normal
2025-10$7.46M$3.77M$11.23M72.2%5Normal
2025-09$7.43M$4.10M$11.53M72.8%5Normal
2025-08$6.15M$4.75M$10.91M78.7%6Normal
2025-07$5.94M$4.43M$10.37M79.8%6Normal