Week 45 11-06-2023
MANAGEMENT MEETING
Duration: 8:30am - 10:30am
Venue: Virtual Via Google meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEENÂ Â Â Â -Â Â Head, Internal Operations
AJA IJIÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â - Branch Head, Abuja
AJIBOLA ABDULFATAIÂ Â Â Â Â Â Â Â - Portfolio Risk Officer
ANTHONIA OGBUÂ Â Â Â Â Â Â Â Â Â - Head, Underwriting
EKOMOBONG AKAMAOHÂ Â Â Â Â - Head, Product Development
EMMANUEL ONAKOYAÂ Â Â Â Â Â Â -Â Head, CRM
FAITH OZEGBEÂ Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â Acting Secretary
GODFREY EGBUOKPOROÂ Â Â Â Â Â -Â Â Ag. Head, Communications
HAPPY OSENIÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â - Human Resources
ISMAIL BALOGUNÂ Â Â Â Â Â Â Â Â Â Â Â -Â Â Account
KELVIN MGBEMELEÂ Â Â Â Â Â Â Â Â Â Â - Ag. Head, Software
LINDA OTTAH-IJEKEYEÂ Â Â Â Â Â Â Â -Â Â Brokers Admin
MERCY UMAÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â - Wealth Management
NWANNE IKEJIÂ Â Â Â Â Â Â Â Â Â Â Â Â Â - Asset Creation
OLUSEGUN AKEJUÂ Â Â Â Â Â Â Â Â Â Â Â -Â Â Portfolio Risk Analyst
OLUWADAMILARE OLAYINKAÂ Â Â -Â Â Transformation
OLUWAFISAYO OMOPARIOLAÂ Â Â - Sales Operations & Strategy
OLUWASEGUN BOLAWOLEÂ Â Â Â Â -Â Strategic Partnership
OLUWOLE EWEJOBIÂ Â Â Â Â Â Â Â Â Â Â -Â Â Head, Information Technology
PRECIOUS MADUWIKEÂ Â Â Â Â Â Â Â - LegalÂ
SOPHIA DAGIÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â Ag Head, Client Experience Management
STANLEY MAFUVWEÂ Â Â Â Â Â Â Â Â Â -Â Â Lead, Asset Remedial Management
OPENING PRAYER
Faith Ozegbe said the opening prayerÂ
ADOPTION OF MINUTES
Godfrey Egbuokporo seconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Communication, Client Experience Management, Sales Operations, Tele-sales, Asset Creation, Strategic Partnership, Co-operate Lease, Treasury, Credit Risk Management, Transformation, Legal, Human Resources, Software, and Internal Operations.
ACTIVITY REPORT (30th October – 3rd November, 2023)
Accounts Team Report
For the week in review, Risk asset/Cash-backed loan performance shows Lagos - 800K, and Port Harcourt - 700K. Liability generation Performance Inflow: Lagos - 46.9M, PH - 7.8M, Outflow: Lagos - 40.4M, Port Harcourt - 15.2M
Communications Team Report
For the period in review inquiries, Volume decreased by 66%. The week recorded a 21.4% decrease in engagement on digital Media. Total market audience reaches increased by 56.4% while followership increased by 1.4%. Google is our highest inquiry-generating channel and Treasury Product is the most enquired product for the month. The report also captures pending and completed tasks.
Client Experience Management Team Report
For the period in review 551, conversations were recorded. 56.44% from Lagos, 21.60% from Abuja, and 21.96% from Port Harcourt. The conversation breakdown includes Requests - 19.13%, General inquiries - 38.09%, Loans - 36.74%, and Complaints - 6.04% while the complaints breakdown includes Wrong debit - 72.22%, CRC Issues - 11.11%, Disbursement - 16.67%., Consumer Petition - 0%. All complaints received will be taken up with concerned stakeholders.
Sales Operations and Strategy Team Report
RISK ASSET
Overall Sales – 1.5M
Personal Loan 3 Performing the ihighest
Team Performance: Telesales: 53.33%, Sales: 46.67%
Product Type Performance - Personal Loan - 1.5M (100%)
Unit Location Performance: Lagos- 0.8M, Port Harcourt – 0.7M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 800,000.00 (2% of the week’s target) at 1 count with core tele sales and tele sales-cold call team consummating 800,000.00 (16% of the week’s target) at 1 counts and 0M (0% of the week’s target) at 0 counts respectively.
 Asset Creation report
For the period in review, Transactions disbursed are N700K. Others are at various transaction stages.
Asset Creation report (Public Sector)
For the period in review, Transactions disbursed are 18.9M. Others are at various transaction stages.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 700K (6% 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 51.70%% (9.9M) of the budget. Risk Asset Transaction Disbursed for the week Nil, Fresh Fund 6M for the Week 1.5M, Reap Fund for the week 500K, Rollover for the week 3.4M, Liquidation for the week 3.6M. 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).
Abuja Team Report
The report captures the activities for the period in review, pipelines, and constraints.
Wealth Management Team Report
For the week in review, the Executive summary shows the Liquidity Requirement status as FAIR. Week 44 experienced a net positive change in cash flow from 59M negative in week 43 to 20M positive. Treasury reported a negative 20M total NetFlow, with 80 million inflows and 60Â million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 23 transactions and pushed back 4 transactions. The senior underwriters approved 7 transactions and pushed back 4 transactions. In the recovery space, the total recovery is 25.7M 67% of the weeks target broken down as PDO is 20.8M at 141 counts (54% of the target). Extended interest recovery as 1.1M at 32 counts (29% of the target), Provisioned Accounts recovery as 3.7M at 85 counts (94% of the target).
Business Operations Team Report
Captures ongoing and completed projects.
Product Development Team Report
Captures ongoing and completed projects.
Transformation Team Report
Captures ongoing and completed projects.
Legal Team Report
The report captures the litigation and other tasks for the week in review
Human Resource Team Report
The report shows the activities carried out by the HR Admin, Learning and Development, People and Culture, and HRBP. It also shows completed and ongoing projects for the next month. A total of 30 staff were hired.
Software Team Report
Captures ongoing and completed projects.
Internal Operations Team Report
Captures the ongoing and completed projects
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 44 | Ending | 04-Nov-23 | ||||||
| BAL B/F | WEEK 44 | 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 | 1,435,362,016.84 | 800,000.00 | 1,436,162,016.84 | 119,882,457.87 | 1,316,279,558.97 | 3,874,057,974.90 | -66% | 1,959,173,164.88 | -27% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 81,859,999.54 | -94% | 6,472,543.15 | -30% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | 31,408,900.00 | 31,408,900.00 | 31,408,900.00 | 0% | |||||
| Sub-Total | 1,439,895,958.81 | 800,000.00 | 1,472,104,858.81 | 119,882,457.87 | 1,352,222,400.94 | 3,955,917,974.44 | -65.82% | 1,965,645,708.03 | -25% |
| Corporate Leases | - | - | 11,323,886.72 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 826,523,890.26 | -93% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 13,334,418.81 | 50% | 28,000,000.00 | -29% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 851,182,195.79 | -91.19% | 185,231,250.00 | -60% |
| B2C - Products | 1,439,895,958.81 | 800,000.00 | 1,440,695,958.81 | 119,882,457.87 | 1,352,222,400.94 | 3,955,917,974.44 | -66% | 1,965,645,708.03 | -27% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 851,182,195.79 | -91% | 185,231,250.00 | -60% |
| TOTAL FOR LAGOS | 1,514,895,958.81 | 800,000.00 | 1,515,695,958.81 | 119,882,457.87 | 1,427,222,400.94 | 4,807,100,170.23 | -70.31% | 2,150,876,958.03 | -30% |
| Cash Backed loan / Credit Card | 19,600,000.00 | 19,600,000.00 | 19,600,000.00 | 113,399,430.51 | -83% | 123,946,044.97 | -84% | ||
| Total Risk Assets & Cash-Backed Loan | 1,534,495,958.81 | 800,000.00 | 1,535,295,958.81 | 119,882,457.87 | 1,446,822,400.94 | 4,920,499,600.74 | -70.60% | 2,274,823,003.00 | -33% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 44 | Ending | 04-Nov-23 | ||||||
| BAL B/F | WEEK 44 | 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 | 368,448,069.86 | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,152,254,430.50 | -84% | 776,403,500.97 | -53% | |
| Consumer Leases | - | - | 45,477,777.53 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 368,448,069.86 | - | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,197,732,208.02 | -84% | 776,403,500.97 | -53% |
| Corporate Lease | - | - | 6,291,048.18 | -100% | 0% | ||||
| Operating Leases | - | - | 459,179,939.04 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 7,408,010.45 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 472,878,997.66 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 368,448,069.86 | - | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,197,732,208.02 | -84% | 776,403,500.97 | -53% |
| B2B - Products | - | - | - | - | - | 472,878,997.66 | -100% | - | 0% |
| TOTAL FOR ABUJA | 368,448,069.86 | - | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,670,611,205.69 | -87% | 776,403,500.97 | -53% |
| Cash Backed loan / Credit Card | - | - | 62,999,683.61 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 368,448,069.86 | - | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,733,610,889.30 | -87% | 776,403,500.97 | -53% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 44 | Ending | 04-Nov-23 | ||||||
| BAL B/F 2023 | WEEK 44 | 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 | 410,509,596.08 | 700,000.00 | 411,209,596.08 | 34,393,081.07 | 376,816,515.01 | 2,582,705,316.60 | -85% | 864,460,800.00 | -52% |
| Consumer Leases | - | - | 54,573,333.02 | -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 | 417,659,596.08 | 700,000.00 | 418,359,596.08 | 34,393,081.07 | 383,966,515.01 | 2,637,278,649.63 | -85.44% | 864,460,800.00 | -52% |
| Corporate Leases | - | - | 7,549,257.81 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 551,015,926.84 | -39% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 8,889,612.53 | 73% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 567,454,797.18 | -38.07% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 417,659,596.08 | 700,000.00 | 418,359,596.08 | 34,393,081.07 | 383,966,515.01 | 2,637,278,649.63 | -85% | 864,460,800.00 | -52% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 567,454,797.18 | -38% | - | 0% |
| TOTAL FOR PORT HARCOURT | 769,059,846.08 | 700,000.00 | 769,759,846.08 | 34,393,081.07 | 735,366,765.01 | 3,204,733,446.81 | -77.05% | 864,460,800.00 | -11% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 75,599,620.33 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 769,609,846.08 | 700,000.00 | 770,309,846.08 | 34,393,081.07 | 735,916,765.01 | 3,280,333,067.14 | -77.57% | 864,460,800.00 | -11% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 44 | 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 | 32,339,000.00 | 32,339,000.00 | 32,339,000.00 | 0% | 0% | ||||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 32,339,000.00 | 0 | 32,339,000.00 | 0 | 32,339,000.00 | 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 | 32,339,000.00 | - | 32,339,000.00 | - | 32,339,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 32,339,000.00 | 0 | 32,339,000.00 | 0 | 32,339,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 32,339,000.00 | 0 | 32,339,000.00 | 0 | 32,339,000.00 | 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 | 30,725,000.00 | 30,725,000.00 | 30,725,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 30,725,000.00 | 0 | 30,725,000.00 | 0 | 30,725,000.00 | 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 | 30,725,000.00 | - | 30,725,000.00 | - | 30,725,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 30,725,000.00 | 0 | 30,725,000.00 | 0 | 30,725,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 30,725,000.00 | 0 | 30,725,000.00 | 0 | 30,725,000.00 | 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 | 8,120,000.00 | 8,120,000.00 | 8,120,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 8,120,000.00 | 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 | 8,120,000.00 | - | 8,120,000.00 | - | 8,120,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 8,120,000.00 | 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 | 5,275,000.00 | 5,275,000.00 | 5,275,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 5,275,000.00 | 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 | 5,275,000.00 | - | 5,275,000.00 | - | 5,275,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 44 | Ending | 04-Nov-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 | -1,244,279,980.86 | 43,613,076.99 | 39,083,299.91 | 4,529,777.08 | 731,673,592.65 | -1,239,750,203.78 | 451,364,345.99 | -1,971,423,796.43 | -375% |
| R-WIN | -11,367,411.57 | 625,512.52 | 633,082.99 | -7,570.47 | 16,080,738.30 | -11,374,982.04 | 2,432,205.69 | -27,455,720.34 | -568% |
| REAP PRODUCT | 12,239,493.64 | 2,681,000.00 | 770,000.00 | 1,911,000.00 | 56,282,584.05 | 14,150,493.64 | -1,019,276.73 | -42,132,090.41 | -1488% |
| RBIP | - | ||||||||
| TOTAL | -1,243,407,898.79 | 46,919,589.51 | 40,486,382.90 | 6,433,206.61 | 804,036,915.00 | -1,236,974,692.18 | 452,777,274.95 | -2,041,011,607.18 | -373% |
| ABUJA | |||||||||
| TENOR FUND | -20,136,500.97 | - | 325,188,263.40 | -20,136,500.97 | 40,529,513.50 | -345,324,764.37 | -150% | ||
| R-WIN | - | - | 7,146,994.80 | - | -77,705.31 | -7,146,994.80 | -1 | ||
| REAP PRODUCT | -919,879.33 | - | 25,014,481.80 | -919,879.33 | 48,294.81 | -25,934,361.13 | -2005% | ||
| TOTAL | -21,056,380.30 | - | - | - | 357,349,740.00 | -21,056,380.30 | 40,500,103.00 | -378,406,120.30 | -152% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -1,264,464,279.09 | 46,919,589.51 | 40,486,382.90 | 6,433,206.61 | 1,161,386,655.00 | -1,258,031,072.48 | 493,277,377.95 | - | -355% |
| PORT-HARCOURT | |||||||||
| WEEK 44 | |||||||||
| TENOR FUND | 394,390,285.60 | 7,000,000.00 | 14,588,917.59 | -7,588,917.59 | 569,079,460.95 | 386,801,368.01 | 5,448,710.08 | -182,278,092.94 | 6999% |
| R-WIN | 1,275,000.00 | - | 12,507,241.45 | 1,275,000.00 | 349,814.68 | -11,232,241.45 | 264% | ||
| REAP PRODUCT | 1,384,483.06 | 825,000.00 | 699,215.66 | 125,784.34 | 43,775,342.60 | 1,510,267.40 | 2,830,603.27 | -42,265,075.20 | -47% |
| 397,049,768.66 | 7,825,000.00 | 15,288,133.25 | -7,463,133.25 | 625,362,045.00 | 389,586,635.41 | 8,629,128.03 | -235,775,409.59 | 4415% | |
| 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 | -870,026,196.23 | 50,613,076.99 | 53,672,217.50 | -3,059,140.51 | 1,625,941,317.00 | -873,085,336.74 | 497,342,569.57 | -2,499,026,653.74 | -276% |
| R-WIN | -10,092,411.57 | 625,512.52 | 633,082.99 | -7,570.47 | 35,734,974.55 | -10,099,982.04 | 2,704,315.06 | -45,834,956.59 | -473% |
| REAP PRODUCT | 12,704,097.37 | 3,506,000.00 | 1,469,215.66 | 2,036,784.34 | 125,072,408.45 | 14,740,881.71 | 1,859,621.35 | -110,331,526.74 | 693% |
| RBIP | - | - | - | 0% | |||||
| -867,414,510.43 | 54,744,589.51 | 55,774,516.15 | -1,029,926.64 | 1,786,748,700.00 | -868,444,437.07 | 501,906,505.98 | -2,655,193,137.07 | -273% |
MEETING ADJOURNMENT
Linda Ottah-Ijekeye seconded by Mercy Uma adjourned the meeting.
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