Week 42 10-16-2023
MANAGEMENT MEETING
Duration: 8:30am - 09:34am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
|
1. |
ABDULLAHI NAJIMUDEEN |
- Head, Internal Operations |
|
2. |
ADEJOH OCHEJA |
- Recovery |
|
3. |
ADETAYO OLUKOGA |
- Asset Creation |
|
4. |
ANTHONIA OGBU |
- Lead, Underwriting |
|
5. |
BLESSING YAHAYA |
- Ag Head, Wealth Management |
|
6. |
CHINEDU UGWU |
- Legal |
|
7. |
EDNA EJIMAKOR |
- Branch Head, Port Harcourt |
|
8. |
EKOMOBONG AMAOWOH |
- Head, Product Development |
|
9. |
EMMANUEL ONAKOYA |
- Head, CRM |
|
10. |
FAITH OZEGBE |
- Acting Secretary |
|
11. |
GODFREY EGBUOKPORO |
- Ag. Head Communication |
|
12. |
ISMAIL BALOGUN |
- Account |
|
13. |
ITIEKHAO IKPEMINOGENA |
- General Manager |
|
14. |
LINDA OTTAH-IJEKEYE |
- Brokers Admin |
|
15. |
MERCY UMA |
- Treasury |
|
16. |
OLUSEGUN AKEJU |
- Portfolio Risk Analyst |
|
17. |
OLUWADAMILARE OLAYINKA |
- Transformation |
|
18. |
OLUWAFISAYO OMOPARIOLA |
- Sales Operations & Strategy |
|
19. |
OLUWASEGUN BOLAWOLE |
- Head, Strategic Partnership |
|
20. |
OLUWOLE EWEJOBI |
- Head, Information Technology |
|
21. |
OMOWALE BELLO |
- Cooperate Lease |
|
22. |
SOPHIA DAGI |
- Head, Client Experience Management & Telesales |
|
23. |
STANLEY MAFUVWE |
- Lead, Asset Remedial Management |
Sophia Dagi said the opening prayer
ADOPTION OF MINUTES
Linda Ottah-Ijekeye seconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Sales Operations, Asset Creation, Public Sector, Strategic Partnership, Broker's Admin, Co-operate Lease, Treasury, Credit Risk Management, Legal
ACTIVITY REPORT (9th - 13th September,October, 2023)
Sales Operations and Strategy Team Report
RISK ASSET
For the period in review
Overall Sales – 2.3M28.75MGroupInternal loanLoyalty Paramilitary3 Plus Performing the highest
Team Performance: Telesales: 8.23%57.32%, Sales: 91.77%42.68%
Product Type Performance: Personal Loan - 91.77M28.75M (91.77%100%), Cashbacked Loan - 1M (8.23%).
Unit Location Performance: Lagos- 4.4M,21.0M, Portharcourt - 3.3M,5.8M, Lagos - 2.1M, AnambraAbuja - 1.7M,5M, Kano - 0.5M, Oyo - 0.1M5M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 0M (0% of the week’s target) at 0 counts with core tele sales and tele sales-cold call team consummating 0M (0% of the week’s target) at 0 counts and 0M (0% of the week’s target) at 0 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are 11.1M. Others are at various transaction stages.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 5.5M (48% 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 28.6% (11M) of the budget. Risk Asset Transaction Disbursed for the week - NIL, Fresh Fund (RTN) for the Week 5M, Reap Fund for the week 510K, Rollover for the week NIL, Liquidation for the week 20.8M. The report also captured Pending RTN transactions.
Cooperate Lease Team Report
shows all transactions of the existing operating lease clients and their outstanding payments. The report also captures transactions in the pipeline (operating lease).
Wealth Management Team Report
For the week in review Executive summary shows the Liquidity Requirement status as BAD. Week 37 experienced a net positive change in cash flow from 93M negative in week 36 to 4M positive. Treasury reported a positive 4M total NetFlow, with 32 million inflows and 29 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 32 transactions and pushed back 20 transactions. The senior underwriters approved 20 transactions and pushed back 2 transaction in the recovery space, total recoveries is 12.5M (32% of the target) PDO recovered: 10.3M at 91 counts (27% of the target). Extended interest recovery as 576.8K at 7 counts (14% of the target), Provisioned Accounts recovery as 1.5M at 21 counts (52% of the target).
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 37 | Ending | 16-Sep-23 | ||||||
| BAL B/F | WEEK 37 | 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 | 1,357,555,786.84 | 1,050,000.00 | 1,358,605,786.84 | 109,470,227.89 | 1,249,135,558.95 | 3,257,730,569.80 | -62% | 1,648,166,114.88 | -18% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 68,836,817.80 | -93% | 6,397,743.15 | -29% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | - | 0% | |||||
| Sub-Total | 1,362,089,728.81 | 1,050,000.00 | 1,363,139,728.81 | 109,470,227.89 | 1,253,669,500.92 | 3,326,567,387.59 | -62.31% | 1,654,563,858.03 | -18% |
| Corporate Leases | - | - | 9,522,359.29 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 695,031,453.18 | -92% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 11,213,034.00 | 78% | 18,000,000.00 | 11% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 715,766,846.46 | -89.52% | 175,231,250.00 | -57% |
| B2C - Products | 1,362,089,728.81 | 1,050,000.00 | 1,363,139,728.81 | 109,470,227.89 | 1,253,669,500.92 | 3,326,567,387.59 | -62% | 1,654,563,858.03 | -18% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 715,766,846.46 | -90% | 175,231,250.00 | -57% |
| TOTAL FOR LAGOS | 1,437,089,728.81 | 1,050,000.00 | 1,438,139,728.81 | 109,470,227.89 | 1,328,669,500.92 | 4,042,334,234.06 | -67.13% | 1,829,795,108.03 | -21% |
| Cash Backed loan / Credit Card | 14,850,000.00 | 1,000,000.00 | 15,850,000.00 | 15,850,000.00 | 95,358,612.02 | -83% | 123,946,044.97 | -87% | |
| Total Risk Assets & Cash-Backed Loan | 1,451,939,728.81 | 2,050,000.00 | 1,453,989,728.81 | 109,470,227.89 | 1,344,519,500.92 | 4,137,692,846.07 | -67.51% | 1,953,741,153.00 | -26% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 37 | Ending | 16-Sep-23 | ||||||
| BAL B/F | WEEK 37 | 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 | 341,670,011.86 | 4,424,000.00 | 346,094,011.86 | 13,479,390.33 | 332,614,621.53 | 1,809,850,316.55 | -82% | 650,324,301.97 | -47% |
| Consumer Leases | - | - | 38,242,676.56 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 341,670,011.86 | 4,424,000.00 | 346,094,011.86 | 13,479,390.33 | 332,614,621.53 | 1,848,092,993.11 | -82% | 650,324,301.97 | -47% |
| Corporate Lease | - | - | 5,290,199.60 | -100% | 0% | ||||
| Operating Leases | - | - | 386,128,585.10 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 6,229,463.33 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 397,648,248.04 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 341,670,011.86 | 4,424,000.00 | 346,094,011.86 | 13,479,390.33 | 332,614,621.53 | 1,848,092,993.11 | -82% | 650,324,301.97 | -47% |
| B2B - Products | - | - | - | - | - | 397,648,248.04 | -100% | - | 0% |
| TOTAL FOR ABUJA | 341,670,011.86 | 4,424,000.00 | 346,094,011.86 | 13,479,390.33 | 332,614,621.53 | 2,245,741,241.15 | -85% | 650,324,301.97 | -47% |
| Cash Backed loan / Credit Card | - | - | 52,977,006.67 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 341,670,011.86 | 4,424,000.00 | 346,094,011.86 | 13,479,390.33 | 332,614,621.53 | 2,298,718,247.82 | -86% | 650,324,301.97 | -47% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 37 | Ending | 16-Sep-23 | ||||||
| BAL B/F 2023 | WEEK 37 | 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 | 393,874,598.08 | 3,339,998.00 | 397,214,596.08 | 29,775,166.55 | 367,439,429.53 | 2,171,820,379.87 | -83% | 717,572,800.00 | -45% |
| Consumer Leases | - | - | 45,891,211.86 | -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 | 401,024,598.08 | 3,339,998.00 | 404,364,596.08 | 29,775,166.55 | 374,589,429.53 | 2,217,711,591.73 | -83.11% | 717,572,800.00 | -44% |
| Corporate Leases | - | - | 6,348,239.52 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 463,354,302.11 | -27% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 7,475,355.99 | 106% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 477,177,897.63 | -26.36% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 401,024,598.08 | 3,339,998.00 | 404,364,596.08 | 29,775,166.55 | 374,589,429.53 | 2,217,711,591.73 | -83% | 717,572,800.00 | -44% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 477,177,897.63 | -26% | - | 0% |
| TOTAL FOR PORT HARCOURT | 752,424,848.08 | 3,339,998.00 | 755,764,846.08 | 29,775,166.55 | 725,989,679.53 | 2,694,889,489.36 | -73.06% | 717,572,800.00 | 5% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 63,572,408.01 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 752,974,848.08 | 3,339,998.00 | 756,314,846.08 | 29,775,166.55 | 726,539,679.53 | 2,758,461,897.37 | -73.66% | 717,572,800.00 | 5% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 37 | 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 | 27,699,000.00 | 1,715,000.00 | 29,414,000.00 | 29,414,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 27,699,000.00 | 1,715,000.00 | 29,414,000.00 | 0 | 29,414,000.00 | 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 | 27,699,000.00 | 1,715,000.00 | 29,414,000.00 | - | 29,414,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 27,699,000.00 | 1,715,000.00 | 29,414,000.00 | 0 | 29,414,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 27,699,000.00 | 1,715,000.00 | 29,414,000.00 | 0 | 29,414,000.00 | 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 | 100,000.00 | 29,280,000.00 | 29,280,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 29,180,000.00 | 100,000.00 | 29,280,000.00 | 0 | 29,280,000.00 | 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 | 100,000.00 | 29,280,000.00 | - | 29,280,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 29,180,000.00 | 100,000.00 | 29,280,000.00 | 0 | 29,280,000.00 | 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 | 100,000.00 | 29,280,000.00 | 0 | 29,280,000.00 | 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 | 1,100,000.00 | 520,000.00 | 1,620,000.00 | 1,620,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 1,100,000.00 | 520,000.00 | 1,620,000.00 | 0 | 1,620,000.00 | 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 | 1,100,000.00 | 520,000.00 | 1,620,000.00 | - | 1,620,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 1,100,000.00 | 520,000.00 | 1,620,000.00 | 0 | 1,620,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 1,100,000.00 | 520,000.00 | 1,620,000.00 | 0 | 1,620,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 37 | Ending | 16-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 | -914,553,334.72 | 31,385,000.00 | 7,946,165.52 | 23,438,834.48 | 615,270,975.64 | -891,114,500.24 | 254,793,470.46 | -1,506,385,475.88 | -450% |
| R-WIN | -3,412,076.83 | 1,054,000.00 | 1,621,762.00 | -567,762.00 | 13,522,439.03 | -3,979,838.83 | -2,564,398.24 | -17,502,277.86 | 55% |
| REAP PRODUCT | 5,537,896.25 | 511,000.00 | 221,538.08 | 289,461.92 | 47,328,536.59 | 5,827,358.17 | -1,517,184.12 | -41,501,178.42 | -484% |
| RBIP | - | ||||||||
| TOTAL | -912,427,515.30 | 32,950,000.00 | 9,789,465.60 | 23,160,534.40 | 676,121,951.25 | -889,266,980.90 | 250,711,888.10 | -1,565,388,932.15 | -455% |
| ABUJA | |||||||||
| TENOR FUND | -25,019,377.69 | - | 273,453,766.95 | -25,019,377.69 | 36,930,597.61 | -298,473,144.64 | -168% | ||
| R-WIN | - | - | 6,009,972.90 | - | -77,705.31 | -6,009,972.90 | -1 | ||
| REAP PRODUCT | -844,839.33 | - | 21,034,905.15 | -844,839.33 | -51,705.19 | -21,879,744.48 | 1534% | ||
| TOTAL | -25,864,217.02 | - | - | - | 300,498,645.00 | -25,864,217.02 | 36,801,187.11 | -326,362,862.02 | -170% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -938,291,732.32 | 32,950,000.00 | 9,789,465.60 | 23,160,534.40 | 976,620,596.25 | -915,131,197.92 | 287,513,075.21 | - | -418% |
| PORT-HARCOURT | |||||||||
| WEEK 37 | |||||||||
| TENOR FUND | 400,719,114.25 | 60,400,000.00 | 20,612,114.08 | 39,787,885.92 | 478,544,092.16 | 440,507,000.17 | 142,341,650.38 | -38,037,091.99 | 209% |
| R-WIN | 775,000.00 | - | 10,517,453.04 | 775,000.00 | 49,814.68 | -9,742,453.04 | 1456% | ||
| REAP PRODUCT | -4,228.89 | 550,000.00 | 550,000.00 | 36,811,083.55 | 545,771.11 | 1,286,536.44 | -36,265,312.44 | -58% | |
| 401,489,885.36 | 60,950,000.00 | 20,612,114.08 | 40,337,885.92 | 525,872,628.75 | 441,827,771.28 | 143,678,001.50 | -84,044,857.47 | 208% | |
| 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 | -538,853,598.16 | 91,785,000.00 | 28,558,279.60 | 63,226,720.40 | 1,367,268,834.75 | -475,626,877.76 | 434,065,718.45 | -1,842,895,712.51 | -210% |
| R-WIN | -2,637,076.83 | 1,054,000.00 | 1,621,762.00 | -567,762.00 | 30,049,864.96 | -3,204,838.83 | -2,592,288.87 | -33,254,703.79 | 24% |
| REAP PRODUCT | 4,688,828.03 | 1,061,000.00 | 221,538.08 | 839,461.92 | 105,174,525.29 | 5,528,289.95 | -282,352.87 | -99,646,235.34 | -2058% |
| RBIP | - | - | - | 0% | |||||
| -536,801,846.96 | 93,900,000.00 | 30,401,579.68 | 63,498,420.32 | 1,502,493,225.00 | -473,303,426.64 | 431,191,076.71 | -1,975,796,651.64 | -210% |
MEETING ADJOURNMENT
Linda Ottah-Ijekeye seconded by Ezinne Umozurikea djourned the meeting