Risk Migration

Rating transitions over the last quarter

NormalOLEM
76
borrowers downgraded
OLEMSubstandard
63
borrowers downgraded
SubstandardDoubtful
36
borrowers downgraded
DoubtfulLoss
15
borrowers downgraded

Rating Migration Matrix (From × To)

From \ ToNormalOLEMSubstandardDoubtfulLossTotal
Normal
688 (90%)
76 (10%)
3 (0%)
0 (0%)
0 (0%)
767
OLEM
42 (7%)
498 (82%)
63 (10%)
2 (0%)
0 (0%)
605
Substandard
0 (0%)
20 (6%)
267 (82%)
36 (11%)
3 (1%)
326
Doubtful
0 (0%)
0 (0%)
17 (9%)
154 (83%)
15 (8%)
186
Loss
0 (0%)
0 (0%)
0 (0%)
10 (9%)
106 (91%)
116

Monthly Migration Trend

Borrowers Recently Downgraded to High Risk

BorrowerIndustryPreviousCurrentExposure
Sterling Holdings SAFinancial ServicesOLEMSubstandard26.46M
Greenfield Telecom IncManufacturingOLEMSubstandard11.58M
Royal Capital SAHealthcareOLEMSubstandard46.17M
Bluewave Holdings PLCMiningOLEMSubstandard27.24M
Imperial Corporation PLCTelecomOLEMSubstandard1.88M
Crescent Holdings IncManufacturingOLEMSubstandard26.72M
Continental Capital SAAgricultureOLEMSubstandard39.08M
Meridian Manufacturing LtdManufacturingOLEMSubstandard45.93M
Alpha Foods LLCAgricultureOLEMSubstandard36.13M
Pioneer Aviation GroupRetail TradeOLEMSubstandard4.10M
Southfield Industries LtdConstructionOLEMSubstandard11.18M
Greenfield Aviation PLCFinancial ServicesNormalSubstandard11.95M