Ironclad Resources PLC

CIF-01909 · U76908SI2014PLC101909 · Hospitality · SME · Singapore

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RM: Matthew Sanchez
Credit Risk Manager: Ryan Harris
Exposure: $39.18M
CBRB: Substandard
Internal: Substandard
Risk Score:62 · High
Total Exposure
$39.18M
Prev: $36.89M6.2%
Utilization
50.1%
Prev: 52.9%2.8pp
Banking Relationships
2
Prev: 20.0
CBRB Rating
Substandard
Prev: Substandard
Internal Rating
Substandard
Prev: Substandard
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
OLEM
Start
2025-12
Substandard
Downgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 3

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
3/18/2026Utilization Above 70%HighFacility utilization breached the 70% early-warning threshold.
Open
Nathan Hernandez
6/11/2026Decrease in Number of BanksMediumOne or more banks have exited the relationship.
Open
Ella Anderson
4/1/2026Exposure IncreaseMediumSystem-wide exposure increased materially over the prior month.
Dismissed
Benjamin Jones

AI Risk Score

62
/ 100
High Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+27
Industry Concentration+14
Utilization Level+13
Banking Relationship Growth+6
Exposure Growth Trend+5
Internal Rating Drift+5

AI Risk Commentary

AI
Customer exposure increased by 6.2% month-over-month, currently at $39.18M. Banking relationships moved from 2 to 2 banks per CBRB data. CBRB rating remained stable from Substandard to Substandard. Current utilization is 50.1%. 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
Matthew Sanchez
matthew.sanchez@bank.com
+1 555 0099
Portfolio: $2.20B
Credit Risk Manager
Ryan Harris
ryan.harris@bank.com
+1 555 0187
Portfolio: $1.96B
Business Head
Jacob Moore
jacob.moore@bank.com
+1 555 0253
Portfolio: $2.23B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$25.08M$14.10M$39.18M50.1%2Substandard
2026-05$21.98M$14.91M$36.89M52.9%2Substandard
2026-04$20.87M$16.19M$37.06M47.7%2Substandard
2026-03$23.13M$12.08M$35.20M50.3%2Substandard
2026-02$18.97M$15.99M$34.95M49.7%2Substandard
2026-01$18.54M$15.34M$33.88M50.3%2Substandard
2025-12$20.46M$11.80M$32.26M53.3%2Substandard
2025-11$20.68M$12.64M$33.32M54.4%2OLEM
2025-10$18.54M$13.85M$32.39M57.0%2OLEM
2025-09$18.40M$14.36M$32.76M55.7%2OLEM
2025-08$20.53M$11.12M$31.66M58.8%2OLEM
2025-07$18.33M$12.82M$31.15M53.6%2OLEM