Week 08 02-19-2024
MANAGEMENT MEETING
Duration: 8:30am - 10:00am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal operations
ADETAYO OLUKOGA - Ag National Channel Manager
AJIBOLA ABDILFATAI - Portfolio Risk Officer
CHIMA AGU - A.g. Client Experience Management
EMMANUEL ONAKOYA - Head, CRM
EZINNE UMORZURIKE - Head, Legal
GODFREY EGBUOKPORO - Ag. Head, Communications
FAITH OZEGBE - Acting Secretary
ISMAIL BALOGUN - Accounts
IKEJI NWANNE - Sales
ITIEKHAO IKPEMINOGENA - General Manager
LINDA OTTAH-IJEKEYE - Brokers Admin
OLUSEGUN AKEJU - Portfolio Risk Analyst
OLUWAFEMI SIYANBOLA - Sales
OLUWASEGUN BOLAWOLE - Head, Strategic Partnership
OLUWOLE EWEJOBI - Head, Information Technology
OMOWALE BELLO - Cooperate Lease
OWOICHO AGADA - Ag. Head, Human Resources
PETER OJUKWU - Asset Remedial Management
SAMUEL OTTAH - Product Development
SOPHIA DAGI - Deputy National Channnel Manager
STANLEY MAFUVWE - Lead, Asset Remedial Management
TIJANI YAYAH - Brokers
Sophia Dagi said the opening prayer
MINUTES
Linda Ottah-Ijekeye seconded by Faith Ozegbe adopted the minute of the last meeting
ORDER OF PRESENTATION
Telesales, Asset Creation, Corporate Lease, Wealth Management, Credit Risk Management
ACTIVITY REPORT (12th - 16th February, 2024)
Tele-sales Team Report
The total amount consummated by the team for the week in review is 6.9M with core tele customer retention team consummating 2.5M (42% of the week’s target) at 2 count and 4.4M (89% of the week’s target) at 5 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are 51.3M.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 10.8M (94% of 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 334.35% (64.2M) of the budget. Risk Asset Transaction Disbursed for the week 160k, Fresh Fund (RTN) for the Week 55.1M, Reap Fund for the week 120K, Rollover for the week 9M, Liquidation for the week 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).
Wealth Management Team Report
For the week in review Executive summary shows the Liquidity Requirement status as Zero . Week 7 experienced a net positive change in cash flow from 52M negative in week 6 to 238M positive in week 7. Wealth Managers reported a negative 238M total NetFlow, with 323 million inflows and 85 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 39 transactions and pushed back 65 transaction. The senior underwriters approved 21 transactions and pushed back 12. In the recovery space, the recovery, total recovery is 11.2M (29%) broken down as PDO is 6.3M at 41 counts (26% of the target). Extended interest recovery as 6.2M at 27 counts (90% of the target), Provisioned Accounts recovery as 307.8K at 14 counts (6% of the target).
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 7 | Ending | 17-Feb-24 | ||||||
| BAL B/F | WEEK 7 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 92,887,000.00 | 24,060,000.00 | 116,947,000.00 | - | 116,947,000.00 | 617,524,814.06 | -81% | 260,283,754.95 | -55% |
| Consumer Leases | - | - | 2,644,707.68 | -100% | 4,240,275.00 | -100% | |||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 92,887,000.00 | 24,060,000.00 | 116,947,000.00 | - | 116,947,000.00 | 620,169,521.74 | -81.14% | 264,524,029.95 | -56% |
| Corporate Leases | - | - | 4,707,991.69 | 0% | -100% | ||||
| Operating Leases | - | - | - | 133,944,428.81 | 0% | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | - | 1,376,057.77 | 0% | -100% | |||
| Sub-Total | - | - | - | - | - | 140,028,478.27 | -100.00% | 140,028,478.27 | -100% |
| B2C - Products | 92,887,000.00 | 24,060,000.00 | 116,947,000.00 | - | 116,947,000.00 | 620,169,521.74 | -81% | 264,524,029.95 | -56% |
| B2B - Products | - | - | - | - | - | 140,028,478.27 | -100% | 140,028,478.27 | -100% |
| TOTAL FOR LAGOS | 92,887,000.00 | 24,060,000.00 | 116,947,000.00 | - | 116,947,000.00 | 760,198,000.01 | -84.62% | 404,552,508.22 | -71% |
| Cash Backed loan / Credit Card | 2,700,000.00 | 2,700,000.00 | 2,700,000.00 | 41,329,875.08 | -93% | 1,000,000.00 | 170% | ||
| Total Risk Assets & Cash-Backed Loan | 95,587,000.00 | 24,060,000.00 | 119,647,000.00 | - | 119,647,000.00 | 801,527,875.09 | -85.07% | 405,552,508.22 | -70% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 7 | Ending | 17-Feb-24 | ||||||
| BAL B/F | WEEK 7 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 22,020,000.00 | 2,984,000.00 | 25,004,000.00 | - | 25,004,000.00 | 447,705,490.20 | -94% | 77,633,999.00 | -68% |
| Consumer Leases | - | - | 961,711.88 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 22,020,000.00 | 2,984,000.00 | 25,004,000.00 | - | 25,004,000.00 | 448,667,202.08 | -94% | 77,633,999.00 | -68% |
| Corporate Lease | - | - | 672,570.24 | -100% | 0% | ||||
| Operating Leases | - | - | 20,835,800.04 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 756,831.77 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 22,265,202.05 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 22,020,000.00 | 2,984,000.00 | 25,004,000.00 | - | 25,004,000.00 | 448,667,202.08 | -94% | 77,633,999.00 | -68% |
| B2B - Products | - | - | - | - | - | 22,265,202.05 | -100% | - | 0% |
| TOTAL FOR ABUJA | 22,020,000.00 | 2,984,000.00 | 25,004,000.00 | - | 25,004,000.00 | 470,932,404.13 | -95% | 77,633,999.00 | -68% |
| Cash Backed loan / Credit Card | - | - | 4,132,987.51 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 22,020,000.00 | 2,984,000.00 | 25,004,000.00 | - | 25,004,000.00 | 475,065,391.64 | -95% | 77,633,999.00 | -68% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 7 | Ending | 17-Feb-24 | ||||||
| BAL B/F | WEEK 7 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 30,073,835.65 | 3,830,000.00 | 33,903,835.65 | - | 33,903,835.65 | 478,581,730.90 | -93% | 84,103,759.48 | -60% |
| Consumer Leases | - | - | 1,202,139.85 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 30,073,835.65 | 3,830,000.00 | 33,903,835.65 | 0 | 33,903,835.65 | 479,783,870.75 | -92.93% | 84,103,759.48 | -60% |
| Corporate Leases | - | - | 1,345,140.48 | -100% | 0% | ||||
| Operating Leases | - | - | 142,874,057.40 | -100% | 336,000,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | 1,307,254.88 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 145,526,452.76 | -100.00% | 336,000,250.00 | -100% |
| - | 0% | ||||||||
| B2C - Products | 30,073,835.65 | 3,830,000.00 | 33,903,835.65 | - | 33,903,835.65 | 479,783,870.75 | -93% | 84,103,759.48 | -60% |
| B2B - Products | - | - | - | - | - | 145,526,452.76 | -100% | 336,000,250.00 | -100% |
| TOTAL FOR PORT HARCOURT | 30,073,835.65 | 3,830,000.00 | 33,903,835.65 | 0 | 33,903,835.65 | 625,310,323.51 | -94.58% | 420,104,009.48 | -92% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | - | - | - | 13,579,816.10 | -100% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 30,073,835.65 | 3,830,000.00 | 33,903,835.65 | 0 | 33,903,835.65 | 638,890,139.61 | -94.69% | 420,104,009.48 | -92% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 7 | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 2,708,000.00 | 290,000.00 | 2,998,000.00 | 2,998,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 2,708,000.00 | 290,000.00 | 2,998,000.00 | 0 | 2,998,000.00 | 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 | 2,708,000.00 | 290,000.00 | 2,998,000.00 | - | 2,998,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 2,708,000.00 | 290,000.00 | 2,998,000.00 | 0 | 2,998,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 2,708,000.00 | 290,000.00 | 2,998,000.00 | 0 | 2,998,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | OYO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 675,000.00 | 865,000.00 | 1,540,000.00 | 1,540,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 675,000.00 | 865,000.00 | 1,540,000.00 | 0 | 1,540,000.00 | 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 | 675,000.00 | 865,000.00 | 1,540,000.00 | - | 1,540,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 675,000.00 | 865,000.00 | 1,540,000.00 | 0 | 1,540,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 675,000.00 | 865,000.00 | 1,540,000.00 | 0 | 1,540,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ONDO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | - | - | 0% | 0% | |||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 0 | 0 | 0 | 0 | 0 | 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 | - | - | - | - | - | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | KANO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | ||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 2,785,000.00 | 900,000.00 | 3,685,000.00 | 3,685,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 2,785,000.00 | 900,000.00 | 3,685,000.00 | 0 | 3,685,000.00 | 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 | 2,785,000.00 | 900,000.00 | 3,685,000.00 | - | 3,685,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 2,785,000.00 | 900,000.00 | 3,685,000.00 | 0 | 3,685,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 2,785,000.00 | 900,000.00 | 3,685,000.00 | 0 | 3,685,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 7 | Ending | 17-Feb-24 | ||||||
| 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 2024 & 2023 (ACTUAL) |
| 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 | |||
| TENOR FUND | 233,304,388.64 | 256,190,000.00 | 55,174,033.39 | 201,015,966.61 | 472,472,253.70 | 434,320,355.25 | 89,133,358.32 | -38,151,898.45 | 387% |
| R-WIN | -2,996,453.56 | 530,000.00 | 630,000.00 | -100,000.00 | 10,052,601.14 | -3,096,453.56 | -9,692,435.15 | -13,149,054.70 | -68% |
| REAP PRODUCT | 2,496,280.26 | 230,000.00 | 1,000,000.00 | -770,000.00 | 20,105,202.29 | 1,726,280.26 | -6,781,823.08 | -18,378,922.03 | -125% |
| RBIP | - | ||||||||
| TOTAL | 232,804,215.34 | 256,950,000.00 | 56,804,033.39 | 200,145,966.61 | 502,630,057.13 | 432,950,181.95 | 72,659,100.09 | -69,679,875.17 | 496% |
| ABUJA | |||||||||
| TENOR FUND | 73,022,289.67 | 10,500,000.00 | 10,500,000.00 | 262,832,247.09 | 83,522,289.67 | 2,934,089.38 | -179,309,957.42 | 2747% | |
| R-WIN | - | - | 5,592,175.47 | - | - | -5,592,175.47 | - | ||
| REAP PRODUCT | -1,306,152.61 | - | 11,184,350.94 | -1,306,152.61 | -1,131,123.06 | -12,490,503.55 | 15% | ||
| TOTAL | 71,716,137.06 | 10,500,000.00 | - | 10,500,000.00 | 279,608,773.50 | 82,216,137.06 | 1,802,966.32 | -197,392,636.44 | 4460% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | 304,520,352.40 | 267,450,000.00 | 56,804,033.39 | 210,645,966.61 | 782,238,830.63 | 515,166,319.01 | 74,462,066.41 | - | 592% |
| PORT-HARCOURT | |||||||||
| WEEK 7 | |||||||||
| TENOR FUND | 238,290,310.99 | 75,100,000.00 | 20,171,232.89 | 54,928,767.11 | 307,680,606.71 | 293,219,078.10 | 238,503,607.45 | -14,461,528.61 | 23% |
| R-WIN | -450,000.00 | - | 6,546,395.89 | -450,000.00 | 280,000.00 | -6,996,395.89 | -261% | ||
| REAP PRODUCT | -1,629,822.78 | 200,000.00 | 200,000.00 | 13,092,791.78 | -1,429,822.78 | 1,908,795.24 | -14,522,614.56 | -175% | |
| 236,210,488.21 | 75,300,000.00 | 20,171,232.89 | 55,128,767.11 | 327,319,794.38 | 291,339,255.32 | 240,692,402.69 | -35,980,539.06 | 21% | |
| 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 | 544,616,989.30 | 341,790,000.00 | 75,345,266.28 | 266,444,733.72 | 1,042,985,107.50 | 811,061,723.02 | 330,571,055.15 | -231,923,384.48 | 145% |
| R-WIN | -3,446,453.56 | 530,000.00 | 630,000.00 | -100,000.00 | 22,191,172.50 | -3,546,453.56 | -9,412,435.15 | -25,737,626.06 | -62% |
| REAP PRODUCT | -439,695.13 | 430,000.00 | 1,000,000.00 | -570,000.00 | 44,382,345.00 | -1,009,695.13 | -6,004,150.90 | -45,392,040.13 | -83% |
| RBIP | - | - | - | 0% | |||||
| 540,730,840.61 | 342,750,000.00 | 76,975,266.28 | 265,774,733.72 | 1,109,558,625.00 | 806,505,574.33 | 315,154,469.10 | -303,053,050.67 | 156% |
MEETING ADJOURNMENT
Ezinne Umorzurike seconded by Faith Ozegbe adjourned the meeting
Faith Ozegbe said the closing prayer
No Comments