Week 49 12-04-2023
MANAGEMENT MEETING
Duration: 8:30am - 10:46am
Venue: Virtual Via Google meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
AJA IJI - Branch Head, Abuja
AJIBOLA ABDULFATAI - Portfolio Risk Officer
AMOTO SERIKI - Internal Operations
ANTHONIA OGBU - Head, Underwriting
CHINEDU UGWU - Legal
EMEKA ASHIBUOGWU - Information Technology
EMMANUEL ONAKOYA - Head, CRM
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Ag. Head, Communications
IBEREAYO AMOO - Ag. Head, Human Resources
ISMAIL BALOGUN - Account
ITIEKHAO IKEPEMINOGENA - General Manager
LINDA OTTAH-IJEKEYE - Brokers Admin
OLUSEGUN AKEJU - Portfolio Risk Analyst
OLUWADAMILARE OLAYINKA - Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Strategic Partnership
OMOWALE BELLO - Cooperate Lease
OWOICHO AGADA - Head, Learning & development
SOPHIA DAGI - Ag Head, Client Experience Management
STANLEY MAFUVWE - Lead, Asset Remedial Management
USIWOMA IGBI - Wealth Management
OPENING PRAYER
Linda Ottah-Ijekeye said the opening prayer
ADOPTION OF MINUTES
Linda Ottah-Ijekeye seconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Client Experience Management, Sales Operations, Tele-sales, Asset Creation, Strategic Partnership, Co-operatecorporate Lease,lease, Abuja, Treasury, Credit Risk Management, Transformation, Legal, Human Resources, Software, and Internal Operations.
ACTIVITY REPORT (27th November – 1st December, 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 ReportFor 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 reviewreview, 551,603 conversations were recorded. 56.44%47.93% from Lagos, 21.60%18.01% from Abuja, and 21.96%33.17% from Port Harcourt. The conversation breakdown includes Requests - 19.13%25.87%, General inquiries - 38.09%20.07%, Loans - 36.74%46.77%, and Complaints - 6.04%7.30% while the complaints breakdown includes Wrong debit - 72.22%52.27%, CRC Issues - 11.11%27.27%, Disbursement - 16.67%13.63%., Consumer Petition - 0%6.82%. All complaints received will be taken up with concerned stakeholders.
Sales Operations and Strategy Team Report
RISK ASSET
Overall Sales – 1.5M10.08MPersonalGroup Loan 3- Lagos state Performing the ihighesthighest
Team Performance: Telesales: 53.33%, Sales: 46.67%100%
Product Type Performance - Personal Loan - 1.5M10.08M (100%)
Unit Location Performance: Lagos- 0.8M,7.5M, Port HarcourtAbuja – 0.7M1.3M, Anambra - 1.3M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 800,000.000 (20% of the week’s target) at 10 count with core tele sales and tele sales-cold call team consummating 800,000.000 (16%0% of the week’s target) at 10 counts and 0M (0% of the week’s target) at 0 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are N700KN10M. Others are at various transaction stages.
AssetRecovered CreationAmount reportis (Public Sector)For the period in review, Transactions disbursed are 18.9M. Others are at various transaction stages.7.5M
Strategic Partnership Team Report
For the period in review, the total sales achieved is 700K900K (6% 0fof 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%111.80%% (9.9M) of the budget. Risk Asset Transaction Disbursed for the week Nil, Fresh Fund 6M for the Week 1.5M,20M, Reap Fund for the week 500K,1.5M, Rollover for the week 3.4M,nIL, Liquidation for the week 3.6M.NIL. 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.CRITICAL. Week 4448 experienced a net positive change in cash flow from 59M32M negative in week 4347 to 2015M positive. Treasury reported a negative 20M15M total NetFlow, with 8056 million inflows and 6041 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 2310 transactions and pushed back 43 transactions. The senior underwriters approved 75 transactions and pushed back 49 transactions. In the recovery space, the total recovery is 25.7M6M 67%66% of the weeks target broken down as PDO is 20.22.8M at 141185 counts (54%68% of the target). Extended interest recovery as 1.1M834.7K at 3217 counts (29%20% of the target), Provisioned Accounts recovery as 3.7M1.9M at 8541 counts (94%50% of the target).
Business Operations Team Report
Captures ongoing and completed projects.Product Development Team ReportCaptures 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 3022 staff were hired.
SoftwareInformation Technology 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 | 48 | Ending | 02-Dec-23 | ||||||
| BAL B/F | WEEK 48 | 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 | 1,446,099,016.84 | 7,510,000.00 | 1,453,609,016.84 | 122,238,527.48 | 1,331,370,489.36 | 4,226,245,063.52 | -68% | 1,975,433,164.88 | -26% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 89,301,817.68 | -95% | 13,972,543.15 | -68% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | 31,408,900.00 | 31,408,900.00 | 31,408,900.00 | 5,000,000.00 | 528% | ||||
| Sub-Total | 1,450,632,958.81 | 7,510,000.00 | 1,489,551,858.81 | 122,238,527.48 | 1,367,313,331.33 | 4,315,546,881.20 | -68.32% | 1,994,405,708.03 | -25% |
| Corporate Leases | - | - | 12,353,330.97 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 901,662,425.74 | -94% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 14,546,638.70 | 37% | 28,000,000.00 | -29% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 928,562,395.41 | -91.92% | 185,231,250.00 | -60% |
| B2C - Products | 1,450,632,958.81 | 7,510,000.00 | 1,458,142,958.81 | 122,238,527.48 | 1,367,313,331.33 | 4,315,546,881.20 | -68% | 1,994,405,708.03 | -27% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 928,562,395.41 | -92% | 185,231,250.00 | -60% |
| TOTAL FOR LAGOS | 1,525,632,958.81 | 7,510,000.00 | 1,533,142,958.81 | 122,238,527.48 | 1,442,313,331.33 | 5,244,109,276.62 | -72.50% | 2,179,636,958.03 | -30% |
| Cash Backed loan / Credit Card | 22,100,000.00 | 22,100,000.00 | 22,100,000.00 | 123,708,469.64 | -82% | 123,946,044.97 | -82% | ||
| Total Risk Assets & Cash-Backed Loan | 1,547,732,958.81 | 7,510,000.00 | 1,555,242,958.81 | 122,238,527.48 | 1,464,413,331.33 | 5,367,817,746.26 | -72.72% | 2,303,583,003.00 | -32% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 48 | Ending | 02-Dec-23 | ||||||
| BAL B/F | WEEK 48 | 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 | 371,218,069.86 | 1,315,000.00 | 372,533,069.86 | 15,481,284.60 | 357,051,785.26 | 2,347,913,924.18 | -85% | 779,182,499.97 | -52% |
| Consumer Leases | - | - | 49,612,120.94 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 371,218,069.86 | 1,315,000.00 | 372,533,069.86 | 15,481,284.60 | 357,051,785.26 | 2,397,526,045.12 | -85% | 779,182,499.97 | -52% |
| Corporate Lease | - | - | 6,862,961.65 | -100% | 0% | ||||
| Operating Leases | - | - | 500,923,569.86 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 8,081,465.94 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 515,867,997.45 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 371,218,069.86 | 1,315,000.00 | 372,533,069.86 | 15,481,284.60 | 357,051,785.26 | 2,397,526,045.12 | -85% | 779,182,499.97 | -52% |
| B2B - Products | - | - | - | - | - | 515,867,997.45 | -100% | - | 0% |
| TOTAL FOR ABUJA | 371,218,069.86 | 1,315,000.00 | 372,533,069.86 | 15,481,284.60 | 357,051,785.26 | 2,913,394,042.57 | -88% | 779,182,499.97 | -52% |
| Cash Backed loan / Credit Card | - | - | 68,726,927.58 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 371,218,069.86 | 1,315,000.00 | 372,533,069.86 | 15,481,284.60 | 357,051,785.26 | 2,982,120,970.14 | -88% | 779,182,499.97 | -52% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 48 | Ending | 02-Dec-23 | ||||||
| BAL B/F 2023 | WEEK 48 | 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 | 414,741,596.08 | 414,741,596.08 | 37,326,394.74 | 377,415,201.34 | 2,817,496,709.02 | -87% | 868,550,800.00 | -52% | |
| Consumer Leases | - | - | 59,534,545.12 | -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 | 421,891,596.08 | 0 | 421,891,596.08 | 37,326,394.74 | 384,565,201.34 | 2,877,031,254.14 | -86.63% | 868,550,800.00 | -51% |
| Corporate Leases | - | - | 8,235,553.98 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 601,108,283.82 | -44% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 9,697,759.13 | 59% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 619,041,596.93 | -43.23% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 421,891,596.08 | - | 421,891,596.08 | 37,326,394.74 | 384,565,201.34 | 2,877,031,254.14 | -87% | 868,550,800.00 | -51% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 619,041,596.93 | -43% | - | 0% |
| TOTAL FOR PORT HARCOURT | 773,291,846.08 | 0 | 773,291,846.08 | 37,326,394.74 | 735,965,451.34 | 3,496,072,851.06 | -78.95% | 868,550,800.00 | -11% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 82,472,313.09 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 773,841,846.08 | 0 | 773,841,846.08 | 37,326,394.74 | 736,515,451.34 | 3,578,545,164.16 | -79.42% | 868,550,800.00 | -11% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 48 | 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 | 32,664,000.00 | 1,250,000.00 | 33,914,000.00 | 33,914,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 32,664,000.00 | 1,250,000.00 | 33,914,000.00 | 0 | 33,914,000.00 | 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 | 32,664,000.00 | 1,250,000.00 | 33,914,000.00 | - | 33,914,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 32,664,000.00 | 1,250,000.00 | 33,914,000.00 | 0 | 33,914,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 32,664,000.00 | 1,250,000.00 | 33,914,000.00 | 0 | 33,914,000.00 | 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 | 30,825,000.00 | 30,825,000.00 | 30,825,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 30,825,000.00 | 0 | 30,825,000.00 | 0 | 30,825,000.00 | 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 | 30,825,000.00 | - | 30,825,000.00 | - | 30,825,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 30,825,000.00 | 0 | 30,825,000.00 | 0 | 30,825,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 30,825,000.00 | 0 | 30,825,000.00 | 0 | 30,825,000.00 | 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 | 48 | Ending | 02-Dec-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 | -1,273,742,802.41 | 12,470,000.00 | 87,334,873.96 | -74,864,873.96 | 798,189,373.80 | -1,348,607,676.37 | 243,440,835.83 | -2,146,797,050.17 | -654% |
| R-WIN | -11,389,034.18 | 680,000.00 | 345,657.81 | 334,342.19 | 17,542,623.60 | -11,054,691.99 | 6,496,280.01 | -28,597,315.59 | -270% |
| REAP PRODUCT | 11,309,590.97 | 1,866,500.00 | 379,277.01 | 1,487,222.99 | 61,399,182.60 | 12,796,813.96 | 3,704,782.43 | -48,602,368.64 | 245% |
| RBIP | - | ||||||||
| TOTAL | -1,273,822,245.62 | 15,016,500.00 | 88,059,808.78 | -73,043,308.78 | 877,131,180.00 | -1,346,865,554.40 | 253,641,898.27 | -2,223,996,734.40 | -631% |
| ABUJA | |||||||||
| TENOR FUND | -4,536,500.97 | 100,000.00 | 100,000.00 | 354,750,832.80 | -4,436,500.97 | 42,415,919.83 | -359,187,333.77 | -110% | |
| R-WIN | - | - | 7,796,721.60 | - | -77,705.31 | -7,796,721.60 | -1 | ||
| REAP PRODUCT | -629,879.33 | - | 27,288,525.60 | -629,879.33 | 148,294.81 | -27,918,404.93 | -525% | ||
| TOTAL | -5,166,380.30 | 100,000.00 | - | 100,000.00 | 389,836,080.00 | -5,066,380.30 | 42,486,509.33 | -394,902,460.30 | -112% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -1,278,988,625.92 | 15,116,500.00 | 88,059,808.78 | -72,943,308.78 | 1,266,967,260.00 | -1,351,931,934.70 | 296,128,407.60 | - | -557% |
| PORT-HARCOURT | |||||||||
| WEEK 48 | |||||||||
| TENOR FUND | 677,027,776.42 | 37,700,000.00 | 7,285,061.66 | 30,414,938.34 | 620,813,957.40 | 707,442,714.76 | 98,906,535.96 | 86,628,757.36 | 615% |
| R-WIN | 1,575,000.00 | 2,000,000.00 | 2,000,000.00 | 13,644,263.40 | 3,575,000.00 | 349,814.68 | -10,069,263.40 | 922% | |
| REAP PRODUCT | 1,535,888.64 | 1,870,000.00 | 240,000.00 | 1,630,000.00 | 47,754,919.20 | 3,165,888.64 | 3,438,271.01 | -44,589,030.56 | -8% |
| 680,138,665.06 | 41,570,000.00 | 7,525,061.66 | 34,044,938.34 | 682,213,140.00 | 714,183,603.40 | 102,694,621.65 | 31,970,463.40 | 595% | |
| 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 | -601,251,526.96 | 50,270,000.00 | 94,619,935.62 | -44,349,935.62 | 1,773,754,164.00 | -645,601,462.58 | 384,763,291.62 | -2,419,355,626.58 | -268% |
| R-WIN | -9,814,034.18 | 2,680,000.00 | 345,657.81 | 2,334,342.19 | 38,983,608.60 | -7,479,691.99 | 6,768,389.38 | -46,463,300.59 | -211% |
| REAP PRODUCT | 12,215,600.28 | 3,736,500.00 | 619,277.01 | 3,117,222.99 | 136,442,627.40 | 15,332,823.27 | 7,291,348.25 | -121,109,804.13 | 110% |
| RBIP | - | - | - | 0% | |||||
| -598,849,960.86 | 56,686,500.00 | 95,584,870.44 | -38,898,370.44 | 1,949,180,400.00 | -637,748,331.30 | 398,823,029.25 | -2,586,928,731.30 | -260% |
MEETING ADJOURNMENT
LindaEmeka Ottah-IjekeyeAshibuogwu seconded by MercyFaith UmaOzegbe adjourned the meeting.
Faith Ozegbe said the opening prayers