Week 51 12-18-2023
MANAGEMENT MEETING
Duration: 8:30am - 09:36am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ADETAYO OLUKOGA - Ag. Head Asset Creation & Head, Public Sector
AJIBOLA ABDULFATAI - Portfolio Risk Officer
ANTHONIA OGBU - Head, Underwriting
BLESSING YAHAYA - Head, Wealth Management
EDNA EJIMAKOR - Branch Head, PortHarcourt
EMMANUEL ONAKOYA - Head, CRM
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Head, Communications
ISMAIL BALOGUN - Account
LINDA OTTAH-IJEKEYE - Lead, Brokers Admin
OLUSEGUN AKEJU - Portfolio Risk Manager
OLUWADAMILARE OLAYINKA - Lead, Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Head, Strategic Partnership
OLUWOLE EWEJOBI - Head, Information Technology
OMOWALE BELLO - Coperate Lease
SOPHIA DAGI - Head, Telesales & Client Experience Management
STANLEY MAFUVWE - Head, Asset Remedial Management
OPENING PRAYER
Faith Ozegbe said the opening prayer
ADOPTION OF MINUTES
Ismail Balogun seconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Client Experience Management, Sales Operations. Telesales, Asset Creation, Strategic Partnership, Brokers Admin, Co-operate Lease, Treasury, Credit Risk Management, Business Operations, Legal
ACTIVITY REPORT (11th - 15th December, 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.
Client Experience Management Team Report
For the period in review 402, conversations were recorded. 43.53% from Lagos, 26.12% from Port Harcourt, and 30.35% from Abuja. The conversation breakdown Requests - 21.89%, General Enquiry - 22.86%, Loans - 49.25%, Complaints - 5.97%. and complaints breakdown includes Wrong debit - 66.67%, CRC Issues - 29.17%, Disbursement - 4.12%, and Consumer Petition - 0%. All complaints received will be taken up with concerned stakeholders.
Sales Operations Team Report
RISK ASSET
Overall Sales – 7.71M
Group Loan Lagos State performed the highest
Team Performance: Telesales: 25.92%, Sales: 74.08%
Product Type Performance: Personal Loan - 5.71M (74.08%), Cash backed loan - 2M (25.92%)
Unit Location Performance: Lagos- 6.4M, Abuja - 1.1M, Anambra - 0.2M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 0 (0% of the week’s target) at 0 count with core tele sales and tele sales-cold call team consummating 0M 0% of the week’s target) at 0 counts and 0K (0% of the week’s target) at 0 count respectively.
Asset Creation Team Report
For the period in review, Transactions disbursed are 5.71M.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 5.4M (47% 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).
Brokers Admin Team Report
The week in review shows liability generation is 158.72% (30.52M) of the budget. Risk Asset Transaction Disbursed for the week - NIL, Fresh Fund (RTN) for the Week 11.5M, Reap Fund for the week Nil, Rollover for the week 19M, Liquidation for the week 11.9. The report also captured Pending RTN transactions.
Wealth Management Team Report
For the week in review, the Executive summary shows the Liquidity Requirement status as BAD. Week 50 experienced a net positive change in cash flow from 57M positive in week 49 to 300M positive. Treasury reported a positive 300M total NetFlow, with 450 million inflows and 150 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 6 transactions and pushed back 2 transactions. The senior underwriters approved 4 transactions and pushed back 4 transactions. In the recovery space, the total recovery is 13.1M 34% of the weeks target broken down as PDO is 8.3M at 65 counts (27% of the target). Extended interest recovery as 2M at 10 counts (51% of the target), Provisioned Accounts recovery as 2.7M at 36 counts (65% of the target).
Business Operations Team Report
Captures ongoing and completed projects.
Legal Team Report
The report captures the litigation and other tasks for the week in review
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 50 | Ending | 14-Dec-23 | ||||||
| BAL B/F | WEEK 50 | 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 | 1,454,159,016.84 | 4,410,000.00 | 1,458,569,016.84 | 122,238,527.48 | 1,336,330,489.36 | 4,402,338,607.84 | -70% | 1,975,433,164.88 | -26% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 93,022,726.75 | -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 | 1,458,692,958.81 | 4,410,000.00 | 1,494,511,858.81 | 122,238,527.48 | 1,372,273,331.33 | 4,495,361,334.59 | -69.47% | 1,994,405,708.03 | -25% |
| Corporate Leases | - | - | 12,868,053.10 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 939,231,693.48 | -94% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 15,152,748.64 | 32% | 28,000,000.00 | -29% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 967,252,495.22 | -92.25% | 185,231,250.00 | -60% |
| B2C - Products | 1,458,692,958.81 | 4,410,000.00 | 1,463,102,958.81 | 122,238,527.48 | 1,372,273,331.33 | 4,495,361,334.59 | -69% | 1,994,405,708.03 | -27% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 967,252,495.22 | -92% | 185,231,250.00 | -60% |
| TOTAL FOR LAGOS | 1,533,692,958.81 | 4,410,000.00 | 1,538,102,958.81 | 122,238,527.48 | 1,447,273,331.33 | 5,462,613,829.81 | -73.51% | 2,179,636,958.03 | -29% |
| Cash Backed loan / Credit Card | 34,600,000.00 | 2,000,000.00 | 36,600,000.00 | 36,600,000.00 | 128,862,989.21 | -72% | 123,946,044.97 | -70% | |
| Total Risk Assets & Cash-Backed Loan | 1,568,292,958.81 | 6,410,000.00 | 1,574,702,958.81 | 122,238,527.48 | 1,483,873,331.33 | 5,591,476,819.02 | -73.46% | 2,303,583,003.00 | -32% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 50 | Ending | 14-Dec-23 | ||||||
| BAL B/F | WEEK 50 | 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 | 375,633,068.86 | 1,099,999.00 | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 2,445,743,671.02 | -85% | 779,182,499.97 | -52% |
| Consumer Leases | - | - | 51,679,292.64 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 375,633,068.86 | 1,099,999.00 | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 2,497,422,963.66 | -86% | 779,182,499.97 | -52% |
| Corporate Lease | - | - | 7,148,918.38 | -100% | 0% | ||||
| Operating Leases | - | - | 521,795,385.27 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 8,418,193.69 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 537,362,497.35 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 375,633,068.86 | 1,099,999.00 | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 2,497,422,963.66 | -86% | 779,182,499.97 | -52% |
| B2B - Products | - | - | - | - | - | 537,362,497.35 | -100% | - | 0% |
| TOTAL FOR ABUJA | 375,633,068.86 | 1,099,999.00 | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 3,034,785,461.01 | -88% | 779,182,499.97 | -52% |
| Cash Backed loan / Credit Card | - | - | 71,590,549.56 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 375,633,068.86 | 1,099,999.00 | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 3,106,376,010.57 | -88% | 779,182,499.97 | -52% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 50 | Ending | 14-Dec-23 | ||||||
| BAL B/F 2023 | WEEK 50 | 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 | 2,934,892,405.23 | -87% | 868,550,800.00 | -52% | |
| Consumer Leases | - | - | 62,015,151.16 | -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 | 2,996,907,556.39 | -87.17% | 868,550,800.00 | -51% |
| Corporate Leases | - | - | 8,578,702.06 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 626,154,462.32 | -46% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 10,101,832.42 | 52% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 644,834,996.80 | -45.51% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 421,891,596.08 | - | 421,891,596.08 | 37,326,394.74 | 384,565,201.34 | 2,996,907,556.39 | -87% | 868,550,800.00 | -51% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 644,834,996.80 | -46% | - | 0% |
| TOTAL FOR PORT HARCOURT | 773,291,846.08 | 0 | 773,291,846.08 | 37,326,394.74 | 735,965,451.34 | 3,641,742,553.19 | -79.79% | 868,550,800.00 | -11% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 85,908,659.47 | -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 | 3,727,651,212.66 | -80.24% | 868,550,800.00 | -11% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 50 | 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 | 33,594,000.00 | 205,000.00 | 33,799,000.00 | 33,799,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 33,594,000.00 | 205,000.00 | 33,799,000.00 | 0 | 33,799,000.00 | 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 | 33,594,000.00 | 205,000.00 | 33,799,000.00 | - | 33,799,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 33,594,000.00 | 205,000.00 | 33,799,000.00 | 0 | 33,799,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 33,594,000.00 | 205,000.00 | 33,799,000.00 | 0 | 33,799,000.00 | 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 | 5,450,000.00 | 5,450,000.00 | 5,450,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 5,450,000.00 | 0 | 5,450,000.00 | 0 | 5,450,000.00 | 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 | 5,450,000.00 | - | 5,450,000.00 | - | 5,450,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 5,450,000.00 | 0 | 5,450,000.00 | 0 | 5,450,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 5,450,000.00 | 0 | 5,450,000.00 | 0 | 5,450,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 50 | Ending | 16-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 | -1,487,684,235.86 | 217,987,652.15 | 68,773,517.70 | 149,214,134.45 | 831,447,264.38 | -1,338,470,101.41 | 187,560,397.81 | -2,169,917,365.79 | -814% |
| R-WIN | -9,039,399.38 | 3,230,000.00 | 1,387,333.19 | 1,842,666.81 | 18,273,566.25 | -7,196,732.57 | 13,870,562.42 | -25,470,298.82 | -152% |
| REAP PRODUCT | 13,776,100.23 | 1,085,000.00 | 185,618.23 | 899,381.77 | 63,957,481.88 | 14,675,482.00 | 2,777,167.44 | -49,281,999.88 | 428% |
| RBIP | - | ||||||||
| TOTAL | -1,482,947,535.01 | 222,302,652.15 | 70,346,469.12 | 151,956,183.03 | 913,678,312.50 | -1,330,991,351.98 | 204,208,127.67 | -2,244,669,664.48 | -752% |
| ABUJA | |||||||||
| TENOR FUND | 5,813,499.03 | 10,043,273.97 | -10,043,273.97 | 369,532,117.50 | -4,229,774.94 | 40,189,919.83 | -373,761,892.44 | -111% | |
| R-WIN | - | - | 8,121,585.00 | - | -77,705.31 | -8,121,585.00 | -1 | ||
| REAP PRODUCT | -479,879.33 | - | 28,425,547.50 | -479,879.33 | 248,294.81 | -28,905,426.83 | -293% | ||
| TOTAL | 5,333,619.70 | - | 10,043,273.97 | -10,043,273.97 | 406,079,250.00 | -4,709,654.27 | 40,360,509.33 | -410,788,904.27 | -112% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -1,477,613,915.31 | 222,302,652.15 | 80,389,743.09 | 141,912,909.06 | 1,319,757,562.50 | -1,335,701,006.25 | 244,568,637.00 | - | -646% |
| PORT-HARCOURT | |||||||||
| WEEK 50 | |||||||||
| TENOR FUND | 770,780,087.98 | 45,350,000.00 | 25,104,113.35 | 20,245,886.65 | 646,681,205.63 | 791,025,974.63 | 137,977,127.98 | 144,344,769.01 | 473% |
| R-WIN | 5,775,000.00 | - | 14,212,774.38 | 5,775,000.00 | 349,814.68 | -8,437,774.38 | 1551% | ||
| REAP PRODUCT | 3,148,000.12 | 135,000.00 | 565,659.15 | -430,659.15 | 49,744,707.50 | 2,717,340.97 | 3,738,271.01 | -47,027,366.53 | -27% |
| 779,703,088.10 | 45,485,000.00 | 25,669,772.50 | 19,815,227.50 | 710,638,687.50 | 799,518,315.60 | 142,065,213.67 | 88,879,628.10 | 463% | |
| 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 | -711,090,648.85 | 263,337,652.15 | 103,920,905.02 | 159,416,747.13 | 1,847,660,587.50 | -551,673,901.72 | 365,727,445.62 | -2,399,334,489.22 | -251% |
| R-WIN | -3,264,399.38 | 3,230,000.00 | 1,387,333.19 | 1,842,666.81 | 40,607,925.63 | -1,421,732.57 | 14,142,671.79 | -42,029,658.20 | -110% |
| REAP PRODUCT | 16,444,221.02 | 1,220,000.00 | 751,277.38 | 468,722.62 | 142,127,736.88 | 16,912,943.64 | 6,763,733.26 | -125,214,793.24 | 150% |
| RBIP | - | - | - | 0% | |||||
| -697,910,827.21 | 267,787,652.15 | 106,059,515.59 | 161,728,136.56 | 2,030,396,250.00 | -536,182,690.65 | 386,633,850.67 | -2,566,578,940.65 | -239% |
MEETING ADJOURNMENT
Linda Ottah-Ijekeye seconded by Stanley Mafuwe adjourned the meeting
Stanley Mafuwe said the closing prayer