Week 37 09-11-2023
MANAGEMENT MEETING
Duration: 8:30am - 10:35am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ADETAYO OLUKOGA - Asset Creation (Public Sector)
AJA IJI - Branch Head, Abuja
ANTHONIA OGBU - Lead, Underwriting
BLESSING YAHAYA - Ag head, Treasury
CHIMA ANNONYE - Head, Business Operations
EDNA EJIMAKOR - Branch Head, Port Harcourt
EMMANUEL ONAKOYA - Head, CRM
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Ag. Head, Communications
ISMAIL BALOGUN - Account
ITIEKHAO IKEMINOGENA - General Manager
LINDA OTTAH-IJEKEYE - Lead, Brokers Admin
OLUSEGUN AKEJU - Portfolio Risk Analyst
OLUWADAMILARE OLAYINKA - Lead, Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Head, Strategic Partnership
OMOWALE BELLO - Cooperate Lease
PRECIOUS MADUWIKE - Legal
SAMUEL OTTAH - Product Development
SOPHIA DAGI - Head, Client Experience Management & Telesales
STANLEY MAFUVWE - Head, Asset Remedial Management
TAIWO AJAGUNSEGUN - Business Operations
VICTOR AKINWANDE - Business Operations
OPENING PRAYER
Faith Ozegbe said the opening prayer
ADOPTION OF MINUTES
Sophia Dagi seconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Client Experience Management, Sales Operations, Strategic Partnership, Co-operate Lease, Treasury, Credit Risk Management, Business Operations, Product Development
ACTIVITY REPORT (21st – 25th August, 2023)
Accounts Team Report
For the week in review, Risk asset/Cash-backed loan performance shows Lagos: at 10.9M, and Port Harcourt - 830K. Liability generation Performance Inflow: Lagos - 11.4M, Port Harcourt - 31.6M, Outflow: Lagos - 12.9M, Port Harcourt - 30.9M.
Client Experience Management Team Report
For the period in review 614, conversations were recorded. 50.65% from Lagos, 28.66% from Abuja, and 20.68% from Port Harcourt. The conversation breakdown includes Requests - 14.82%, General inquiries - 25.57%, Loans - 48.21%, and Complaints - 11.41% while the complaints breakdown includes Wrong debit - 58.57%, CRC Issues - 15.71%, Disbursement - 22.86%., Consumer Petition - 2.86%. All complaints received will be taken up with concerned stakeholders.
Sales Operations and Strategy Team Report
RISK ASSET
Overall Sales – 12.31M
Internal Loyalty 3 plus performed the highest
Team Performance: Telesales: 63.24%, Sales: 36.76%
Product Type Performance: Personal Loan - 12.31M (100%)
Unit Location Performance: Lagos- 10.9M, Port Harcourt – 0.8M, Anambra - 0.3M, Kano - 0.3M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 7.7M (15% of the week’s target) at 2 counts with core tele sales and tele sales-cold call team consummating 285K (3% of the week’s target) at 1 counts and 7.5M (18% of the week’s target) at 1 counts respectively.
Asset Creation Team Report
For the period in review, Transactions disbursed are 7.3M. Others are at various transaction stages.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 1.8M (16% 0f the budget). The report also captures the activities, visits, and pending partnerships in the public and private sectors.
Brokers Admin Team Report
The week in review shows liability generation is 108% (2.6M) of the budget. Risk Asset Transaction Disbursed for the week Nil, Fresh Fund (RTN) for the Week 20M, Reap Fund for the week 100K, Rollover for the week 513K, Liquidation for the week 180K The report also captured Pending RTN transactions.
Cooperate Lease Team Report
captures transactions in the pipeline (operating lease).
Wealth Management Team Report
For the week in review Executive summary shows the Liquidity Requirement status as ZERO. Week 36 experienced a net positive change in cash flow from 9M negative in week 35 to 93M negative. Treasury reported a negative 93M total NetFlow, with 54M inflows and 147M outflows. Risk asset receivables of 91M were received from loans
Credit Risk Management Report
The report shows in the recovery space, a total of 28.3M, 73% of the weeks target was recovered and distributed as PDO recovery: 24.7M at 218 counts (64% of the target). Extended interest recovery as 414.5K at 17 counts (10% of the target), Provisioned Accounts recovery as 3.1M at 35 counts (100% of the target).
Product Development Team Report
Captures ongoing and completed projects.
Business Operations Team Report
Captures ongoing and completed projects.
Legal Team Report
Captures ongoing and completed projects.
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 36 | Ending | 09-Sep-23 | ||||||
| BAL B/F | WEEK 36 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 1,345,655,786.84 | 10,910,000.00 | 1,356,565,786.84 | 33,476,350.00 | 1,323,089,436.84 | 3,169,683,797.64 | -58% | 1,621,960,114.88 | -16% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 66,976,363.26 | -93% | 6,227,913.15 | -27% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | - | 0% | |||||
| Sub-Total | 1,350,189,728.81 | 10,910,000.00 | 1,361,099,728.81 | 33,476,350.00 | 1,327,623,378.81 | 3,236,660,160.90 | -58.98% | 1,628,188,028.03 | -16% |
| Corporate Leases | - | - | 9,264,998.23 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 676,246,819.31 | -92% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 10,909,979.02 | 83% | 18,000,000.00 | 11% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 696,421,796.56 | -89.23% | 175,231,250.00 | -57% |
| B2C - Products | 1,350,189,728.81 | 10,910,000.00 | 1,361,099,728.81 | 33,476,350.00 | 1,327,623,378.81 | 3,236,660,160.90 | -59% | 1,628,188,028.03 | -16% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 696,421,796.56 | -89% | 175,231,250.00 | -57% |
| TOTAL FOR LAGOS | 1,425,189,728.81 | 10,910,000.00 | 1,436,099,728.81 | 33,476,350.00 | 1,402,623,378.81 | 3,933,081,957.46 | -64.34% | 1,803,419,278.03 | -20% |
| Cash Backed loan / Credit Card | 14,850,000.00 | 14,850,000.00 | 14,850,000.00 | 92,781,352.23 | -84% | 123,346,044.97 | -88% | ||
| Total Risk Assets & Cash-Backed Loan | 1,440,039,728.81 | 10,910,000.00 | 1,450,949,728.81 | 33,476,350.00 | 1,417,473,378.81 | 4,025,863,309.69 | -64.79% | 1,926,765,323.00 | -25% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 36 | Ending | 09-Sep-23 | ||||||
| BAL B/F | WEEK 36 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2023 vs 2022 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 339,603,011.86 | 339,603,011.86 | 1,516,555.61 | 338,086,456.25 | 1,760,935,443.13 | -81% | 647,183,301.97 | -48% | |
| Consumer Leases | - | - | 37,209,090.70 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 339,603,011.86 | - | 339,603,011.86 | 1,516,555.61 | 338,086,456.25 | 1,798,144,533.84 | -81% | 647,183,301.97 | -48% |
| Corporate Lease | - | - | 5,147,221.24 | -100% | 0% | ||||
| Operating Leases | - | - | 375,692,677.39 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 6,061,099.46 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 386,900,998.09 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 339,603,011.86 | - | 339,603,011.86 | 1,516,555.61 | 338,086,456.25 | 1,798,144,533.84 | -81% | 647,183,301.97 | -48% |
| B2B - Products | - | - | - | - | - | 386,900,998.09 | -100% | - | 0% |
| TOTAL FOR ABUJA | 339,603,011.86 | - | 339,603,011.86 | 1,516,555.61 | 338,086,456.25 | 2,185,045,531.93 | -85% | 647,183,301.97 | -48% |
| Cash Backed loan / Credit Card | - | - | 51,545,195.68 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 339,603,011.86 | - | 339,603,011.86 | 1,516,555.61 | 338,086,456.25 | 2,236,590,727.61 | -85% | 647,183,301.97 | -48% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 36 | Ending | 09-Sep-23 | ||||||
| BAL B/F 2023 | WEEK 36 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 392,544,598.08 | 830,000.00 | 393,374,598.08 | 11,984,291.39 | 381,390,306.69 | 2,113,122,531.77 | -82% | 714,457,800.00 | -45% |
| Consumer Leases | - | - | 44,650,908.84 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | 7,150,000.00 | 7,150,000.00 | 7,150,000.00 | 0% | 0% | ||||
| Sub-Total Port Harcourt | 399,694,598.08 | 830,000.00 | 400,524,598.08 | 11,984,291.39 | 388,540,306.69 | 2,157,773,440.60 | -81.99% | 714,457,800.00 | -44% |
| Corporate Leases | - | - | 6,176,665.48 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 450,831,212.87 | -25% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 7,273,319.34 | 112% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 464,281,197.69 | -24.31% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 399,694,598.08 | 830,000.00 | 400,524,598.08 | 11,984,291.39 | 388,540,306.69 | 2,157,773,440.60 | -82% | 714,457,800.00 | -44% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 464,281,197.69 | -24% | - | 0% |
| TOTAL FOR PORT HARCOURT | 751,094,848.08 | 830,000.00 | 751,924,848.08 | 11,984,291.39 | 739,940,556.69 | 2,622,054,638.30 | -71.78% | 714,457,800.00 | 5% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 61,854,234.82 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 751,644,848.08 | 830,000.00 | 752,474,848.08 | 11,984,291.39 | 740,490,556.69 | 2,683,908,873.12 | -72.41% | 714,457,800.00 | 5% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 36 | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 26,979,000.00 | 320,000.00 | 27,299,000.00 | 27,299,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 26,979,000.00 | 320,000.00 | 27,299,000.00 | 0 | 27,299,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | - | 0% | 0% | |||||
| Operating Leases | - | - | 0% | 0% | |||||
| Business Support Loan/ACL-Corporate | - | - | 0% | 0% | |||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 26,979,000.00 | 320,000.00 | 27,299,000.00 | - | 27,299,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 26,979,000.00 | 320,000.00 | 27,299,000.00 | 0 | 27,299,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 26,979,000.00 | 320,000.00 | 27,299,000.00 | 0 | 27,299,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | OYO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 29,180,000.00 | 29,180,000.00 | 29,180,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 29,180,000.00 | 0 | 29,180,000.00 | 0 | 29,180,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 29,180,000.00 | - | 29,180,000.00 | - | 29,180,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 29,180,000.00 | 0 | 29,180,000.00 | 0 | 29,180,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 29,180,000.00 | 0 | 29,180,000.00 | 0 | 29,180,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ONDO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 7,820,000.00 | 7,820,000.00 | 7,820,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 7,820,000.00 | 0 | 7,820,000.00 | 0 | 7,820,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 7,820,000.00 | - | 7,820,000.00 | - | 7,820,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 7,820,000.00 | 0 | 7,820,000.00 | 0 | 7,820,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 7,820,000.00 | 0 | 7,820,000.00 | 0 | 7,820,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | KANO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 250,000.00 | 250,000.00 | 250,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 0 | 250,000.00 | 250,000.00 | 0 | 250,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | 2,595,266,588.75 | - | 0% | 0% | |||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 2,595,266,588.75 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | - | 250,000.00 | 250,000.00 | - | 250,000.00 | - | 0% | - | 0% |
| B2B - Products | 2,595,266,588.75 | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 2,595,266,588.75 | 250,000.00 | 250,000.00 | 0 | 250,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 2,595,266,588.75 | 250,000.00 | 250,000.00 | 0 | 250,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 36 | Ending | 09-Sep-23 | ||||||
| LAGOS | BAL B/F | INFLOW | OUTFLOW | NET FLOW | CUM BUDGET YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
BUDGET VARIANCE YEAR TO DATE |
% CHANGE BETWEEN 2023 & 2022 (ACTUAL) |
| 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 | |||
| TENOR FUND | -913,495,092.25 | 10,480,000.00 | 11,538,242.47 | -1,058,242.47 | 598,642,030.35 | -914,553,334.72 | 426,534,983.11 | -1,513,195,365.07 | -314% |
| R-WIN | -2,197,076.83 | 185,000.00 | 1,400,000.00 | -1,215,000.00 | 13,156,967.70 | -3,412,076.83 | -5,742,917.69 | -16,569,044.53 | -41% |
| REAP PRODUCT | 4,772,896.25 | 765,000.00 | 765,000.00 | 46,049,386.95 | 5,537,896.25 | -1,579,546.78 | -40,511,490.70 | -451% | |
| RBIP | - | ||||||||
| TOTAL | -910,919,272.83 | 11,430,000.00 | 12,938,242.47 | -1,508,242.47 | 657,848,385.00 | -912,427,515.30 | 419,212,518.64 | -1,570,275,900.30 | -318% |
| ABUJA | |||||||||
| TENOR FUND | -25,019,377.69 | - | 266,063,124.60 | -25,019,377.69 | 36,930,597.61 | -291,082,502.29 | -168% | ||
| R-WIN | - | - | 5,847,541.20 | - | -77,705.31 | -5,847,541.20 | -1 | ||
| REAP PRODUCT | -660,108.27 | 184,731.06 | -184,731.06 | 20,466,394.20 | -844,839.33 | -51,705.19 | -21,311,233.53 | 1534% | |
| TOTAL | -25,679,485.96 | - | 184,731.06 | -184,731.06 | 292,377,060.00 | -25,864,217.02 | 36,801,187.11 | -318,241,277.02 | -170% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -936,598,758.79 | 11,430,000.00 | 13,122,973.53 | -1,692,973.53 | 950,225,445.00 | -938,291,732.32 | 456,013,705.75 | - | -306% |
| PORT-HARCOURT | |||||||||
| WEEK 36 | |||||||||
| TENOR FUND | 399,679,460.95 | 31,490,000.00 | 30,450,346.70 | 1,039,653.30 | 465,610,468.05 | 400,719,114.25 | 138,164,602.42 | -64,891,353.80 | 190% |
| R-WIN | 775,000.00 | - | 10,233,197.55 | 775,000.00 | 49,814.68 | -9,458,197.55 | 1456% | ||
| REAP PRODUCT | 292,203.16 | 160,000.00 | 456,432.05 | -296,432.05 | 35,816,189.40 | -4,228.89 | 1,286,536.44 | -35,820,418.29 | -100% |
| 400,746,664.11 | 31,650,000.00 | 30,906,778.75 | 743,221.25 | 511,659,855.00 | 401,489,885.36 | 139,500,953.54 | -110,169,969.64 | 188% | |
| CONSOLIDATED | BAL B/F | INFLOW | OUTFLOW | NET FLOW | CUM BUDGET YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
BUDGET VARIANCE YEAR TO DATE |
% CHANGE BETWEEN 2023 & 2022 (ACTUAL) |
| TENOR FUND | -538,835,008.99 | 41,970,000.00 | 41,988,589.17 | -18,589.17 | 1,330,315,623.00 | -538,853,598.16 | 601,630,183.14 | -1,869,169,221.16 | -190% |
| R-WIN | -1,422,076.83 | 185,000.00 | 1,400,000.00 | -1,215,000.00 | 29,237,706.45 | -2,637,076.83 | -5,770,808.32 | -31,874,783.28 | -54% |
| REAP PRODUCT | 4,404,991.14 | 925,000.00 | 641,163.11 | 283,836.89 | 102,331,970.55 | 4,688,828.03 | -344,715.53 | -97,643,142.52 | -1460% |
| RBIP | - | - | - | 0% | |||||
| -535,852,094.68 | 43,080,000.00 | 44,029,752.28 | -949,752.28 | 1,461,885,300.00 | -536,801,846.96 | 595,514,659.29 | -1,998,687,146.96 | -190% |
MEETING ADJOURNMENT
Sophia Dagi seconded by Linda Ottah-Ijekeye adjourned the meeting
Stanley Mafuvwe said the closing prayer