Week 41 10-09-2023
MANAGEMENT MEETING
Duration: 8:30am - 10:51am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ADETAYO OLUKOGA - Asset Creation (Public Sector)
AMOTO SERIKI - Internal Operations
AJA IJI - Branch Head, Abuja
CHIMA ANNONYE - Head, Business Operations
CHISOM IBEZIMAKO - Client Experience Management
EKOMOBONG AMAOWOH - Lead, Product Development
EMMANUEL ONAKOYA - Head, CRM
EZINNE UMOZURIKE - Head, Legal
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Head, Communications
ISMAIL BALOGUN - Account
KELVIN MGBEMELE - Ag Software
LINDA OTTAH-IJEKEYE - Lead, Brokers Admin
MERCY UMA - Wealth Management
OLUSEGUN AKEJU - Portfolio Risk Analyst
OLUWADAMILARE OLAYINKA - Lead, Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Head, Strategic Partnership
OLUWATONI LAWAL - Tele sales
OLUWOLE EWEJOBI - Head, Information Technology
OMOWALE BELLO - Cooperate Lease
PRECIOUS MADUWIKE - Legal
STANLEY MAFUVWE - Head, Asset Remedial Management
OPENING PRAYER
Mercy Uma said the opening prayer
ADOPTION OF MINUTES
Ekomobong Amaowoh seconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Account, Communication, Client Experience Management, Sales Operations, Strategic Partnership, Co-operate Lease, Treasury, Credit Risk Management, Product Development, Business Operations, Internal Operations
ACTIVITY REPORT (2nd - 6th October, 2023)
Accounts Team Report
For the week in review, Risk asset/Cash-backed loan performance shows Lagos - 19.4M, Abuja - Nil and Port Harcourt - 2.4M. Liability generation Performance Inflow: Lagos - 24.4M, Port Harcourt - 3.5M, Outflow: Lagos - 52.3M, Port Harcourt - 500K.
Communication Teams Report
For the month in review, volume of inquiries generated increased by 17%. Our reach on digital media increased by 30%. Our total audience engagement increased by over 30% while followership increased by 0.6%. Google is the highest enquiry generating channel and the Rosabon app is the most enquired product of the month,
Client Experience Management Team Report
For the period in review 574, conversations were recorded. 54.18% from Lagos, 30.66% from Abuja, and 15.16% from Port Harcourt. The conversation breakdown includes Requests - 21.60%, General inquiries - 29.27%, Loans - 36.93%, and Complaints - 12.20% while the complaints breakdown includes Wrong debit - 88.57%, CRC Issues - 10%, Disbursement - 1.43%., Consumer Petition - 0%. All complaints received will be taken up with concerned stakeholders.
Sales Operations and Strategy Team Report
RISK ASSET
Overall Sales – 22.8M
Internal Loyalty 3- plus performed the highest
Team Performance: Telesales: 14.87%, Sales: 85.13%
Product Type Performance: Personal Loan - 21.8M (95.61%), Cash backed 1M (4,39%)
Unit Location Performance: Lagos- 19.41M, Port Harcourt – 2.4M, Kano - 0.8M, Anambra - 0.1M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 2.3M (5% of the week’s target) at 5 counts with core tele sales and tele sales-cold call team consummating 2.3M 224% of the week’s target) at 5 counts and 0M (0% of the week’s target) at 0 counts respectively.
Asset Creation Team Report
For the period in review, Transactions disbursed are 21.8M. Others are at various transaction stages.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 440K (4% Of the budget). The report also captures the activities, visits, and pending partnerships in the public and private sectors.
Cooperate Lease Team Report
captures transactions in the pipeline (operating lease).
Wealth Management Team Report
The report shows the activity in the week.
Credit Risk Management Report
The report shows in the recovery space, PDO recovery: 6.3M at 59 counts (16% of the target). Extended interest recovery as 1.5M at 24 counts (37% of the target), Provisioned Accounts recovery as 2.5M at 29 counts (83% of the target).
Product Development Team Report
Captures ongoing and completed projects.
Business Operations Team Report
Captures ongoing and completed projects.
Internal Operations Team Report
Captures ongoing and completed projects.
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 40 | Ending | 07-Oct-23 | ||||||
| BAL B/F | WEEK 40 | 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 | 1,368,471,286.84 | 18,490,000.00 | 1,386,961,286.84 | 109,470,227.89 | 1,277,491,058.95 | 3,521,870,886.27 | -64% | 1,830,526,114.88 | -24% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 74,418,181.40 | -94% | 6,472,543.15 | -30% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | - | 0% | |||||
| Sub-Total | 1,373,005,228.81 | 18,490,000.00 | 1,391,495,228.81 | 109,470,227.89 | 1,282,025,000.92 | 3,596,289,067.67 | -64.35% | 1,836,998,658.03 | -24% |
| Corporate Leases | - | - | 10,294,442.48 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 751,385,354.78 | -93% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 12,122,198.92 | 65% | 28,000,000.00 | -29% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 773,801,996.18 | -90.31% | 185,231,250.00 | -60% |
| B2C - Products | 1,373,005,228.81 | 18,490,000.00 | 1,391,495,228.81 | 109,470,227.89 | 1,282,025,000.92 | 3,596,289,067.67 | -64% | 1,836,998,658.03 | -24% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 773,801,996.18 | -90% | 185,231,250.00 | -60% |
| TOTAL FOR LAGOS | 1,448,005,228.81 | 18,490,000.00 | 1,466,495,228.81 | 109,470,227.89 | 1,357,025,000.92 | 4,370,091,063.85 | -68.95% | 2,022,229,908.03 | -27% |
| Cash Backed loan / Credit Card | 15,850,000.00 | 1,000,000.00 | 16,850,000.00 | 16,850,000.00 | 103,090,391.37 | -84% | 123,946,044.97 | -86% | |
| Total Risk Assets & Cash-Backed Loan | 1,463,855,228.81 | 19,490,000.00 | 1,483,345,228.81 | 109,470,227.89 | 1,373,875,000.92 | 4,473,181,455.22 | -69.29% | 2,146,175,953.00 | -31% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 40 | Ending | 07-Oct-23 | ||||||
| BAL B/F | WEEK 40 | 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 | 355,252,070.86 | 355,252,070.86 | 13,479,390.33 | 341,772,680.53 | 1,956,594,936.82 | -83% | 728,228,300.97 | -51% | |
| Consumer Leases | - | - | 41,343,434.12 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | 31,408,900.00 | 31,408,900.00 | 31,408,900.00 | 0% | 0% | ||||
| Sub-Total Abuja | 386,660,970.86 | - | 386,660,970.86 | 13,479,390.33 | 373,181,580.53 | 1,997,938,370.93 | -81% | 728,228,300.97 | -47% |
| Corporate Lease | - | - | 5,719,134.71 | -100% | 0% | ||||
| Operating Leases | - | - | 417,436,308.22 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 6,734,554.95 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 429,889,997.88 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 386,660,970.86 | - | 386,660,970.86 | 13,479,390.33 | 373,181,580.53 | 1,997,938,370.93 | -81% | 728,228,300.97 | -47% |
| B2B - Products | - | - | - | - | - | 429,889,997.88 | -100% | - | 0% |
| TOTAL FOR ABUJA | 386,660,970.86 | - | 386,660,970.86 | 13,479,390.33 | 373,181,580.53 | 2,427,828,368.81 | -85% | 728,228,300.97 | -47% |
| Cash Backed loan / Credit Card | - | - | 57,272,439.65 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 386,660,970.86 | - | 386,660,970.86 | 13,479,390.33 | 373,181,580.53 | 2,485,100,808.45 | -85% | 728,228,300.97 | -47% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 40 | Ending | 07-Oct-23 | ||||||
| BAL B/F 2023 | WEEK 40 | 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 | 399,179,596.08 | 2,440,000.00 | 401,619,596.08 | 32,087,785.29 | 369,531,810.79 | 2,347,913,924.18 | -84% | 811,536,800.00 | -51% |
| Consumer Leases | - | - | 49,612,120.93 | -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 | 406,329,596.08 | 2,440,000.00 | 408,769,596.08 | 32,087,785.29 | 376,681,810.79 | 2,397,526,045.12 | -84.29% | 811,536,800.00 | -50% |
| Corporate Leases | - | - | 6,862,961.65 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 500,923,569.85 | -33% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 8,081,465.94 | 91% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 515,867,997.44 | -31.88% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 406,329,596.08 | 2,440,000.00 | 408,769,596.08 | 32,087,785.29 | 376,681,810.79 | 2,397,526,045.12 | -84% | 811,536,800.00 | -50% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 515,867,997.44 | -32% | - | 0% |
| TOTAL FOR PORT HARCOURT | 757,729,846.08 | 2,440,000.00 | 760,169,846.08 | 32,087,785.29 | 728,082,060.79 | 2,913,394,042.55 | -75.01% | 811,536,800.00 | -6% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 68,726,927.58 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 758,279,846.08 | 2,440,000.00 | 760,719,846.08 | 32,087,785.29 | 728,632,060.79 | 2,982,120,970.13 | -75.57% | 811,536,800.00 | -6% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 40 | 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 | 30,154,000.00 | 100,000.00 | 30,254,000.00 | 30,254,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 30,154,000.00 | 100,000.00 | 30,254,000.00 | 0 | 30,254,000.00 | 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 | 30,154,000.00 | 100,000.00 | 30,254,000.00 | - | 30,254,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 30,154,000.00 | 100,000.00 | 30,254,000.00 | 0 | 30,254,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 30,154,000.00 | 100,000.00 | 30,254,000.00 | 0 | 30,254,000.00 | 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 | 29,380,000.00 | 29,380,000.00 | 29,380,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 29,380,000.00 | 0 | 29,380,000.00 | 0 | 29,380,000.00 | 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 | 29,380,000.00 | - | 29,380,000.00 | - | 29,380,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 29,380,000.00 | 0 | 29,380,000.00 | 0 | 29,380,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 29,380,000.00 | 0 | 29,380,000.00 | 0 | 29,380,000.00 | 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 | 3,855,000.00 | 770,000.00 | 4,625,000.00 | 4,625,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 3,855,000.00 | 770,000.00 | 4,625,000.00 | 0 | 4,625,000.00 | 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 | 3,855,000.00 | 770,000.00 | 4,625,000.00 | - | 4,625,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 3,855,000.00 | 770,000.00 | 4,625,000.00 | 0 | 4,625,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 3,855,000.00 | 770,000.00 | 4,625,000.00 | 0 | 4,625,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | CONSOLIDATED BRANCH PERFORMANCE | ||||||||
| CONSOLIDATED | BAL B/F 2023 | WEEK 40 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2023 | NET PERFORMANCE 2023 | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2023 & 2022 |
| Personal Loan | 2,194,111,953.78 | 21,800,000.00 | 2,215,911,953.78 | 155,037,403.51 | 2,060,874,550.27 | 7,826,379,747.27 | -74% | 3,370,291,215.85 | -34% |
| Cash Backed loan / Credit Card | 16,400,000.00 | 1,000,000.00 | 17,400,000.00 | - | 17,400,000.00 | 229,089,758.59 | -92% | 123,946,044.97 | -86% |
| Consumer Leases | 4,533,941.97 | - | 4,533,941.97 | - | 4,533,941.97 | 165,373,736.45 | -97% | 6,472,543.15 | -30% |
| Asset Cash Loan | - | - | - | - | - | 0% | - | 0% | |
| SPBS | 38,558,900.00 | - | 38,558,900.00 | - | 38,558,900.00 | 0% | - | 0% | |
| Business Support Loan/ACL-Corporate | 35,400,000.00 | - | 35,400,000.00 | - | 35,400,000.00 | 26,938,219.81 | 31% | 28,000,000.00 | 26% |
| Corporate Leases | - | - | - | - | - | 22,876,538.83 | -100% | - | 0% |
| Operating Leases | 391,000,250.00 | - | 391,000,250.00 | - | 391,000,250.00 | 1,669,745,232.85 | -77% | 157,231,250.00 | 149% |
| Total Risk Assets & Cash-Backed Loan | 2,680,005,045.75 | 22,800,000.00 | 2,702,805,045.75 | 155,037,403.51 | 2,547,767,642.24 | 9,940,403,233.80 | -74.37% | 3,685,941,053.97 | -26.67% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 40 | Ending | 07-Oct-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 | -1,214,505,274.74 | 21,252,500.00 | 51,828,753.23 | -30,576,253.23 | 665,157,811.50 | -1,245,081,527.97 | 504,273,667.08 | -1,910,239,339.47 | -347% |
| R-WIN | -4,149,320.83 | 1,370,000.00 | 549,612.82 | 820,387.18 | 14,618,853.00 | -3,328,933.65 | -3,483,516.64 | -17,947,786.65 | -4% |
| REAP PRODUCT | 8,202,358.17 | 1,811,000.00 | 20,000.00 | 1,791,000.00 | 51,165,985.50 | 9,993,358.17 | -3,641,369.65 | -41,172,627.33 | -374% |
| RBIP | - | ||||||||
| TOTAL | -1,210,452,237.40 | 24,433,500.00 | 52,398,366.05 | -27,964,866.05 | 730,942,650.00 | -1,238,417,103.45 | 497,148,780.79 | -1,969,359,753.45 | -349% |
| ABUJA | |||||||||
| TENOR FUND | -25,019,377.69 | - | 295,625,694.00 | -25,019,377.69 | 46,930,597.61 | -320,645,071.69 | -153% | ||
| R-WIN | - | - | 6,497,268.00 | - | -77,705.31 | -6,497,268.00 | -1 | ||
| REAP PRODUCT | -1,019,879.33 | - | 22,740,438.00 | -1,019,879.33 | -51,705.19 | -23,760,317.33 | 1872% | ||
| TOTAL | -26,039,257.02 | - | - | - | 324,863,400.00 | -26,039,257.02 | 46,801,187.11 | -350,902,657.02 | -156% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -1,236,491,494.42 | 24,433,500.00 | 52,398,366.05 | -27,964,866.05 | 1,055,806,050.00 | -1,264,456,360.47 | 543,949,967.90 | - | -332% |
| PORT-HARCOURT | |||||||||
| WEEK 40 | |||||||||
| TENOR FUND | 389,041,617.89 | 3,000,000.00 | 540,065.18 | 2,459,934.82 | 517,344,964.50 | 391,501,552.71 | 7,947,569.86 | -125,843,411.79 | 4826% |
| R-WIN | 775,000.00 | - | 11,370,219.50 | 775,000.00 | 349,814.68 | -10,595,219.50 | 122% | ||
| REAP PRODUCT | 926,440.11 | 500,000.00 | 160,000.00 | 340,000.00 | 39,795,766.00 | 1,266,440.11 | 1,982,865.45 | -38,529,325.89 | -36% |
| 390,743,058.00 | 3,500,000.00 | 700,065.18 | 2,799,934.82 | 568,510,950.00 | 393,542,992.82 | 10,280,249.99 | -174,967,957.18 | 3728% | |
| 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 | -850,483,034.54 | 24,252,500.00 | 52,368,818.41 | -28,116,318.41 | 1,478,128,470.00 | -878,599,352.95 | 559,151,834.55 | -2,356,727,822.95 | -257% |
| R-WIN | -3,374,320.83 | 1,370,000.00 | 549,612.82 | 820,387.18 | 32,486,340.50 | -2,553,933.65 | -3,211,407.27 | -35,040,274.15 | -20% |
| REAP PRODUCT | 8,108,918.95 | 2,311,000.00 | 180,000.00 | 2,131,000.00 | 113,702,189.50 | 10,239,918.95 | -1,710,209.39 | -103,462,270.55 | -699% |
| RBIP | - | - | - | 0% | |||||
| -845,748,436.42 | 27,933,500.00 | 53,098,431.23 | -25,164,931.23 | 1,624,317,000.00 | -870,913,367.65 | 554,230,217.89 | -2,495,230,367.65 | -257% |
MEETING ADJOURNMENT
Mercy Uma seconded by Faith Ozegbe adjourned the meeting
Faith Ozegbe said the closing prayer
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