Sapphire Capital Ltd

CIF-01635 · U76634CA2014PLC101635 · Mining · Large Corporate · Canada

Back
RM: Isabella Williams
Credit Risk Manager: Ava Johnson
Exposure: $10.49M
CBRB: Substandard
Internal: Doubtful
Risk Score:78 · High
Total Exposure
$10.49M
Prev: $10.62M1.3%
Utilization
74.2%
Prev: 68.9%5.3pp
Banking Relationships
1
Prev: 10.0
CBRB Rating
Substandard
Prev: OLEM
Internal Rating
Doubtful
Prev: Doubtful
Open Alerts
2
C 0
H 0
M 1
L 1

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
2024-12
OLEM
Downgrade
2026-04
Substandard
Downgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 3

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
4/24/2026Exposure ReductionMediumSystem-wide exposure declined materially over the prior month.
Open
Jacob Moore
2/13/2026Exposure ReductionMediumSystem-wide exposure declined materially over the prior month.
Dismissed
Joseph Jackson
6/2/2026Rating UpgradeLowBorrower rating improved to Substandard.
Open
Benjamin Jones

AI Risk Score

78
/ 100
High Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+27
Utilization Level+19
Industry Concentration+16
Internal Rating Drift+12
Banking Relationship Growth+6
Exposure Growth Trend+5

AI Risk Commentary

AI
Customer exposure decreased by 1.3% month-over-month, currently at $10.49M. Banking relationships moved from 1 to 1 banks per CBRB data. CBRB rating deteriorated from OLEM to Substandard. Current utilization is 74.2% — above the 70% early warning threshold. Overall borrower risk is assessed as high. Recommend escalation to Credit Committee.

Recommended Actions

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

Relationship Team

Relationship Manager
Isabella Williams
isabella.williams@bank.com
+1 555 0110
Portfolio: $2.11B
Credit Risk Manager
Ava Johnson
ava.johnson@bank.com
+1 555 0198
Portfolio: $1.94B
Business Head
Grace Lee
grace.lee@bank.com
+1 555 0264
Portfolio: $2.12B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$6.20M$4.29M$10.49M74.2%1Substandard
2026-05$6.45M$4.18M$10.62M68.9%1Substandard
2026-04$6.73M$4.21M$10.94M67.6%1Substandard
2026-03$7.38M$3.90M$11.28M66.0%1OLEM
2026-02$6.18M$4.66M$10.84M60.1%1OLEM
2026-01$6.60M$4.58M$11.18M55.6%1OLEM
2025-12$5.84M$4.85M$10.68M61.5%1OLEM
2025-11$7.05M$4.19M$11.24M66.8%1OLEM
2025-10$6.39M$5.29M$11.68M61.6%1OLEM
2025-09$6.41M$4.54M$10.96M63.0%1OLEM
2025-08$6.42M$4.68M$11.10M64.7%1OLEM
2025-07$5.55M$5.01M$10.56M68.6%1OLEM