Week 11 03-11-2024
MANAGEMENT MEETING
Duration: 8:30am - 10:10am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ADETAYO OLUKOGA - National Channel Manager
AJIBOLA ABDILFATAI - Portfolio Risk Officer
CHIMA AGU - AG. Lead, Client Experience Management
CHIMA ANNOYE - Lead, Business Operations
EMMANUEL ONAKOYA - Head, CRM
EZINNE UMORZURIKE - Head, Legal
GBENGA AJAYI - Ag Head, Wealth Management
GODFREY EGBUOKPORO - Ag. Head, Communications
FAITH OZEGBE - Acting Secretary
LINDA OTTAH-IJEKEYE - Brokers Admin
OLUWADAMILARE OLAYINKA - Head, Transformation
OLUWAFEMI SIYANBOLA - Sales
OLUWOLE EWEJOBI - Head, Information Technology
OLUWATONI LAWAL - Head, Telesales
OMOWALE BELLO - Cooperate Lease
OWOICHO AGADA - Ag. Head, Human Resources
SAMUEL OTTAH - Product Development
SOPHIA DAGI - Ag Head, Client Experience Management
STANLEY MAFUVWE - Lead, Asset Remedial Management
TAWAKALITU OJESOLA - Internal Operations
Sophia Dagi said the opening prayer
MINUTE ADOPTION
Linda Ottah-Ijekeye seconded by Owoicho Agada
ORDER OF PRESENTATION
Account, Client Experience Management, Tele sales, Asset Creation, Brokers, Corporate Lease, Wealth Management, Credit Risk Management, Product Development, Business Operations, Legal
ACTIVITY REPORT (4th – 8th March, 2024)
Account Team Report
The report captures the Risk Asset and Liability generated during the period in review, across all locations
Tele-sales Team Report
The total amount consummated by the team for the week in review is 2M with the core telesales and customer retention team consummating 289K (5% of the week’s target) at 1 count and 1.8M (36% of the week’s target) at 2 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are 37.7M. Others are at various transaction stages.
Brokers Admin Team Report
The week in review shows liability generation is 7.74% (1.4M) of the budget. Risk Asset Transaction Disbursed for the week 150K, Fresh Fund (RTN) for the Week 1.2M, Reap Fund for the week 270K, Rollover for the week Nil, Liquidation for the week 3.5M. 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 9 experienced a net positive change in cash flow from 16M negative in week 8 to 16M positive. Wealth Management reported a negative 16M total NetFlow, with 63 million inflows and 47 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 64 transactions and pushed back 16 transactions. The senior underwriters approved 45 transactions and pushed back 10. In the recovery space, the total recovery is 32M (83%) broken down as PDO is 24.3M at 108 counts (100% of the target). Extended interest recovery as 3.6M at 26 counts (67% of the target), Provisioned Accounts recovery as 4M at 69 counts (59% of the target).
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 31 staff were hired.
Information & Technology Team Report
Captures ongoing and completed projects.
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 10 | Ending | 09-Mar-24 | ||||||
| BAL B/F | WEEK 10 | 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 | 168,805,500.00 | 28,799,000.00 | 197,604,500.00 | - | 197,604,500.00 | 882,178,305.80 | -78% | 406,999,454.95 | -51% |
| Consumer Leases | - | - | 3,778,153.83 | -100% | 4,240,275.00 | -100% | |||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 168,805,500.00 | 28,799,000.00 | 197,604,500.00 | - | 197,604,500.00 | 885,956,459.63 | -77.70% | 411,239,729.95 | -52% |
| Corporate Leases | - | - | 6,725,702.42 | 0% | -100% | ||||
| Operating Leases | - | - | - | 191,349,184.02 | 0% | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | - | 1,965,796.81 | 0% | 10,000,000.00 | -100% | ||
| Sub-Total | - | - | - | - | - | 200,040,683.24 | -100.00% | 10,000,000.00 | -100% |
| B2C - Products | 168,805,500.00 | 28,799,000.00 | 197,604,500.00 | - | 197,604,500.00 | 885,956,459.63 | -78% | 411,239,729.95 | -52% |
| B2B - Products | - | - | - | - | - | 200,040,683.24 | -100% | 10,000,000.00 | -100% |
| TOTAL FOR LAGOS | 168,805,500.00 | 28,799,000.00 | 197,604,500.00 | - | 197,604,500.00 | 1,085,997,142.87 | -81.80% | 421,239,729.95 | -53% |
| Cash Backed loan / Credit Card | 5,700,000.00 | 300,000.00 | 6,000,000.00 | 6,000,000.00 | 59,042,678.69 | -90% | 1,000,000.00 | 500% | |
| Total Risk Assets & Cash-Backed Loan | 174,505,500.00 | 29,099,000.00 | 203,604,500.00 | - | 203,604,500.00 | 1,145,039,821.56 | -82.22% | 422,239,729.95 | -52% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 10 | Ending | 09-Mar-24 | ||||||
| BAL B/F | WEEK 10 | 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 | 40,894,000.00 | 7,062,000.00 | 47,956,000.00 | - | 47,956,000.00 | 639,579,271.71 | -93% | 121,816,297.00 | -61% |
| Consumer Leases | - | - | 1,373,874.12 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 40,894,000.00 | 7,062,000.00 | 47,956,000.00 | - | 47,956,000.00 | 640,953,145.83 | -93% | 121,816,297.00 | -61% |
| Corporate Lease | - | - | 960,814.63 | -100% | 0% | ||||
| Operating Leases | - | - | 29,765,428.63 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 1,081,188.24 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 31,807,431.50 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 40,894,000.00 | 7,062,000.00 | 47,956,000.00 | - | 47,956,000.00 | 640,953,145.83 | -93% | 121,816,297.00 | -61% |
| B2B - Products | - | - | - | - | - | 31,807,431.50 | -100% | - | 0% |
| TOTAL FOR ABUJA | 40,894,000.00 | 7,062,000.00 | 47,956,000.00 | - | 47,956,000.00 | 672,760,577.33 | -93% | 121,816,297.00 | -61% |
| Cash Backed loan / Credit Card | - | - | 5,904,267.87 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 40,894,000.00 | 7,062,000.00 | 47,956,000.00 | - | 47,956,000.00 | 678,664,845.19 | -93% | 121,816,297.00 | -61% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 10 | Ending | 09-Mar-24 | ||||||
| BAL B/F | WEEK 10 | 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 | 51,290,835.65 | 9,624,657.69 | 60,915,493.34 | - | 60,915,493.34 | 683,688,187.00 | -91% | 122,330,510.41 | -50% |
| Consumer Leases | - | - | 1,717,342.65 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 51,290,835.65 | 9,624,657.69 | 60,915,493.34 | 0 | 60,915,493.34 | 685,405,529.64 | -91.11% | 122,330,510.41 | -50% |
| Corporate Leases | - | - | 1,921,629.26 | -100% | 0% | ||||
| Operating Leases | - | - | 204,105,796.28 | -100% | 336,000,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | 1,867,506.97 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 207,894,932.51 | -100.00% | 336,000,250.00 | -100% |
| - | 0% | ||||||||
| B2C - Products | 51,290,835.65 | 9,624,657.69 | 60,915,493.34 | - | 60,915,493.34 | 685,405,529.64 | -91% | 122,330,510.41 | -50% |
| B2B - Products | - | - | - | - | - | 207,894,932.51 | -100% | 336,000,250.00 | -100% |
| TOTAL FOR PORT HARCOURT | 51,290,835.65 | 9,624,657.69 | 60,915,493.34 | 0 | 60,915,493.34 | 893,300,462.16 | -93.18% | 458,330,760.41 | -87% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | - | - | - | 19,399,737.28 | -100% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 51,290,835.65 | 9,624,657.69 | 60,915,493.34 | 0 | 60,915,493.34 | 912,700,199.44 | -93.33% | 458,330,760.41 | -87% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 10 | 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 | 3,846,000.00 | 405,000.00 | 4,251,000.00 | 4,251,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 3,846,000.00 | 405,000.00 | 4,251,000.00 | 0 | 4,251,000.00 | 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 | 3,846,000.00 | 405,000.00 | 4,251,000.00 | - | 4,251,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 3,846,000.00 | 405,000.00 | 4,251,000.00 | 0 | 4,251,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 3,846,000.00 | 405,000.00 | 4,251,000.00 | 0 | 4,251,000.00 | 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 | 3,160,000.00 | 910,000.00 | 4,070,000.00 | 4,070,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 3,160,000.00 | 910,000.00 | 4,070,000.00 | 0 | 4,070,000.00 | 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 | 3,160,000.00 | 910,000.00 | 4,070,000.00 | - | 4,070,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 3,160,000.00 | 910,000.00 | 4,070,000.00 | 0 | 4,070,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 3,160,000.00 | 910,000.00 | 4,070,000.00 | 0 | 4,070,000.00 | 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 | 6,645,000.00 | 345,000.00 | 6,990,000.00 | 6,990,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 6,645,000.00 | 345,000.00 | 6,990,000.00 | 0 | 6,990,000.00 | 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 | 6,645,000.00 | 345,000.00 | 6,990,000.00 | - | 6,990,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 6,645,000.00 | 345,000.00 | 6,990,000.00 | 0 | 6,990,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 6,645,000.00 | 345,000.00 | 6,990,000.00 | 0 | 6,990,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 10 | Ending | 09-Mar-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 | 421,557,863.60 | 71,102,754.00 | 60,093,037.02 | 11,009,716.98 | 674,960,362.43 | 432,567,580.58 | 77,639,884.32 | -242,392,781.85 | 457% |
| R-WIN | -1,838,063.83 | 2,010,000.00 | 8,534,724.38 | -6,524,724.38 | 14,360,858.78 | -8,362,788.21 | -10,332,593.40 | -22,723,646.99 | -19% |
| REAP PRODUCT | -2,490,914.98 | 1,830,000.00 | 600,144.08 | 1,229,855.92 | 28,721,717.55 | -1,261,059.06 | -4,026,736.59 | -29,982,776.61 | -69% |
| RBIP | - | ||||||||
| TOTAL | 417,228,884.79 | 74,942,754.00 | 69,227,905.48 | 5,714,848.52 | 718,042,938.75 | 422,943,733.31 | 63,280,554.33 | -295,099,205.44 | 568% |
| ABUJA | |||||||||
| TENOR FUND | 79,431,696.71 | 4,000,000.00 | 10,355,068.49 | -6,355,068.49 | 375,474,638.70 | 73,076,628.22 | 6,934,089.38 | -302,398,010.48 | 954% |
| R-WIN | - | - | 7,988,822.10 | - | - | -7,988,822.10 | - | ||
| REAP PRODUCT | -1,306,152.61 | - | 15,977,644.20 | -1,306,152.61 | -581,123.06 | -17,283,796.81 | 125% | ||
| TOTAL | 78,125,544.10 | 4,000,000.00 | 10,355,068.49 | -6,355,068.49 | 399,441,105.00 | 71,770,475.61 | 6,352,966.32 | -327,670,629.39 | 1030% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | 495,354,428.89 | 78,942,754.00 | 79,582,973.97 | -640,219.97 | 1,117,484,043.75 | 494,714,208.92 | 69,633,520.65 | - | 610% |
| PORT-HARCOURT | |||||||||
| WEEK 10 | |||||||||
| TENOR FUND | 315,228,294.96 | 40,280,000.00 | 50,749,240.62 | -10,469,240.62 | 439,543,723.88 | 304,759,054.34 | 249,278,152.46 | -134,784,669.54 | 22% |
| R-WIN | -450,000.00 | - | 9,351,994.13 | -450,000.00 | 280,000.00 | -9,801,994.13 | -261% | ||
| REAP PRODUCT | -19,822.78 | 100,000.00 | 100,000.00 | 18,703,988.25 | 80,177.22 | 2,160,284.63 | -18,623,811.03 | -96% | |
| 314,758,472.18 | 40,380,000.00 | 50,749,240.62 | -10,369,240.62 | 467,599,706.25 | 304,389,231.56 | 251,718,437.09 | -163,210,474.69 | 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 | 816,217,855.27 | 115,382,754.00 | 121,197,346.13 | -5,814,592.13 | 1,489,978,725.00 | 810,403,263.14 | 333,852,126.16 | -679,575,461.86 | 143% |
| R-WIN | -2,288,063.83 | 2,010,000.00 | 8,534,724.38 | -6,524,724.38 | 31,701,675.00 | -8,812,788.21 | -10,052,593.40 | -40,514,463.21 | -12% |
| REAP PRODUCT | -3,816,890.37 | 1,930,000.00 | 600,144.08 | 1,329,855.92 | 63,403,350.00 | -2,487,034.45 | -2,447,575.02 | -65,890,384.45 | 2% |
| RBIP | - | - | - | 0% | |||||
| 810,112,901.07 | 119,322,754.00 | 130,332,214.59 | -11,009,460.59 | 1,585,083,750.00 | 799,103,440.48 | 321,351,957.74 | -785,980,309.52 | 149% |
MEETING ADJOURNMENT
Ezinne Umorzurike seconded by Faith Ozegbe adjourned the meeting