Week 13 03-25-2024
MANAGEMENT MEETING
Duration: 8:30am - 10:07am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ADETAYO OLUKOGA - National Channel Manager
AJIBOLA ABDILFATAI - Portfolio Risk Officer
ANTHONIA OGBU - Head, Underwriting
CHIMA ANNOYE
EMMANUEL ONAKOYA - Head, CRM
EDNA EJIMAKOR - Head, Port Harcourt
EZINNE UMORZURIKE - Head, Legal
GODFREY EGBUOKPORO - Ag. Head, Communications
FAITH OZEGBE - Acting Secretary
ITIEKHAO IKPEMINOGENA - General Manager
KHADIJAH RAJI - Relationship Manager, Corporate Lease
LINDA OTTAH-IJEKEYE - Brokers Admin
OLUWADAMILARE OLAYINKA - Head, Transformation
OLUWAFEMI SIYANBOLA - Sales
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
USIWOMA IGBI - Wealth Management
Faith Ozegbe 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 (11th – 15th March, 2024)
Tele-sales Team Report
The total amount consummated by the team for the week in review is 26.4M with the core telesales and customer retention team consummating 20.2M (338% of the week’s target) at 2 count and 6.1M (123% of the week’s target) at 2 count respectively.
Asset Creation report
For the period in review, Transactions disbursed are 54.9M.
Brokers Admin Team Report
The week in review shows liability generation is 70.20% (13.5M) of the budget. Risk Asset Transaction Disbursed for the week 200K, Fresh Fund (RTN) for the Week 8.6M, Reap Fund for the week 20K, Rollover for the week 4.7M, Liquidation for the week 3.1M. The report also captured Pending RTN transactions.
Cooperate Lease Team Report
The report captures transactions in the pipeline (operating lease).
Wealth Management Team Report
For the week in review Executive summary shows the Liquidity Requirement status as CRITICAL (28%). Week 11 experienced a net positive change in cash flow from 86M negative in week 10 to 23M negative. Wealth Management reported a negative 23M total NetFlow, with 38 million inflows and 61 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 59 transactions and pushed back 22 transactions. The senior underwriters approved 46 transactions and pushed back 17. In the recovery space, the total recovery is 10.9M (28%) broken down as PDO is 6.4M at 74 counts (17% of the target). Extended interest recovery as 1.7M at 33 counts (32% of the target), Provisioned Accounts recovery as 2.7M at 64 counts (40% of the target).
Product Development Team Report
Captures ongoing and completed projects.
Business Development 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 | 12 | Ending | 23-Mar-24 | ||||||
| BAL B/F | WEEK 12 | 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 | 231,937,500.00 | 35,712,000.00 | 267,649,500.00 | - | 267,649,500.00 | 1,058,613,966.96 | -75% | 515,953,487.84 | -48% |
| Consumer Leases | - | - | 4,533,784.59 | -100% | 4,533,941.97 | -100% | |||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 231,937,500.00 | 35,712,000.00 | 267,649,500.00 | - | 267,649,500.00 | 1,063,147,751.55 | -74.82% | 520,487,429.81 | -49% |
| Corporate Leases | - | - | 8,070,842.90 | 0% | -100% | ||||
| Operating Leases | - | - | - | 229,619,020.82 | 0% | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | - | 2,358,956.17 | 0% | 10000000 | -100% | ||
| Sub-Total | - | - | - | - | - | 240,048,819.89 | -100.00% | 10,000,000.00 | -100% |
| B2C - Products | 231,937,500.00 | 35,712,000.00 | 267,649,500.00 | - | 267,649,500.00 | 1,063,147,751.55 | -75% | 520,487,429.81 | -49% |
| B2B - Products | - | - | - | - | - | 240,048,819.89 | -100% | 10,000,000.00 | -100% |
| TOTAL FOR LAGOS | 231,937,500.00 | 35,712,000.00 | 267,649,500.00 | - | 267,649,500.00 | 1,303,196,571.44 | -79.46% | 530,487,429.81 | -50% |
| Cash Backed loan / Credit Card | 8,000,000.00 | 2,000,000.00 | 10,000,000.00 | 10,000,000.00 | 70,851,214.43 | -86% | 1,000,000.00 | 900% | |
| Total Risk Assets & Cash-Backed Loan | 239,937,500.00 | 37,712,000.00 | 277,649,500.00 | - | 277,649,500.00 | 1,374,047,785.87 | -79.79% | 531,487,429.81 | -48% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 12 | Ending | 23-Mar-24 | ||||||
| BAL B/F | WEEK 12 | 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 | 52,305,000.00 | 5,480,000.00 | 57,785,000.00 | - | 57,785,000.00 | 767,495,126.05 | -92% | 152,402,297.00 | -62% |
| Consumer Leases | - | - | 1,648,648.94 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 52,305,000.00 | 5,480,000.00 | 57,785,000.00 | - | 57,785,000.00 | 769,143,774.99 | -92% | 152,402,297.00 | -62% |
| Corporate Lease | - | - | 1,152,977.56 | -100% | 0% | ||||
| Operating Leases | - | - | 35,718,514.35 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 1,297,425.89 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 38,168,917.80 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 52,305,000.00 | 5,480,000.00 | 57,785,000.00 | - | 57,785,000.00 | 769,143,774.99 | -92% | 152,402,297.00 | -62% |
| B2B - Products | - | - | - | - | - | 38,168,917.80 | -100% | - | 0% |
| TOTAL FOR ABUJA | 52,305,000.00 | 5,480,000.00 | 57,785,000.00 | - | 57,785,000.00 | 807,312,692.79 | -93% | 152,402,297.00 | -62% |
| Cash Backed loan / Credit Card | - | - | 7,085,121.44 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 52,305,000.00 | 5,480,000.00 | 57,785,000.00 | - | 57,785,000.00 | 814,397,814.23 | -93% | 152,402,297.00 | -62% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 12 | Ending | 23-Mar-24 | ||||||
| BAL B/F | WEEK 12 | 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 | 72,103,493.34 | 9,190,000.00 | 81,293,493.34 | - | 81,293,493.34 | 820,425,824.40 | -90% | 148,623,510.41 | -45% |
| Consumer Leases | - | 159,300.00 | 159,300.00 | 159,300.00 | 2,060,811.18 | -92% | 0% | ||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 72,103,493.34 | 9,349,300.00 | 81,452,793.34 | 0 | 81,452,793.34 | 822,486,635.57 | -90.10% | 148,623,510.41 | -45% |
| Corporate Leases | - | - | 2,305,955.11 | -100% | 0% | ||||
| Operating Leases | - | - | 244,926,955.54 | -100% | 336,000,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | 2,241,008.36 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 249,473,919.02 | -100.00% | 336,000,250.00 | -100% |
| - | 0% | ||||||||
| B2C - Products | 72,103,493.34 | 9,349,300.00 | 81,452,793.34 | - | 81,452,793.34 | 822,486,635.57 | -90% | 148,623,510.41 | -45% |
| B2B - Products | - | - | - | - | - | 249,473,919.02 | -100% | 336,000,250.00 | -100% |
| TOTAL FOR PORT HARCOURT | 72,103,493.34 | 9,349,300.00 | 81,452,793.34 | 0 | 81,452,793.34 | 1,071,960,554.59 | -92.40% | 484,623,760.41 | -83% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | - | - | - | 23,279,684.74 | -100% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 72,103,493.34 | 9,349,300.00 | 81,452,793.34 | 0 | 81,452,793.34 | 1,095,240,239.33 | -92.56% | 484,623,760.41 | -83% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 12 | 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 | 4,251,000.00 | 1,051,000.00 | 5,302,000.00 | 5,302,000.00 | 0% | 1,259,000.00 | 321% | ||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 4,251,000.00 | 1,051,000.00 | 5,302,000.00 | 0 | 5,302,000.00 | 0 | 0.00% | 1,259,000.00 | 321% |
| 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 | 4,251,000.00 | 1,051,000.00 | 5,302,000.00 | - | 5,302,000.00 | - | 0% | 1,259,000.00 | 321% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 4,251,000.00 | 1,051,000.00 | 5,302,000.00 | 0 | 5,302,000.00 | 0 | 0.00% | 1,259,000.00 | 321% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 4,251,000.00 | 1,051,000.00 | 5,302,000.00 | 0 | 5,302,000.00 | 0 | 0.00% | 1,259,000.00 | 321% |
| 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 | 5,920,000.00 | 5,920,000.00 | 5,920,000.00 | 0% | 820,000.00 | 622% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 5,920,000.00 | 0 | 5,920,000.00 | 0 | 5,920,000.00 | 0 | 0.00% | 820,000.00 | 622% |
| 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 | 5,920,000.00 | - | 5,920,000.00 | - | 5,920,000.00 | - | 0% | 820,000.00 | 622% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 5,920,000.00 | 0 | 5,920,000.00 | 0 | 5,920,000.00 | 0 | 0.00% | 820,000.00 | 622% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 5,920,000.00 | 0 | 5,920,000.00 | 0 | 5,920,000.00 | 0 | 0.00% | 820,000.00 | 622% |
| 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 | 8,185,000.00 | 1,515,000.00 | 9,700,000.00 | 9,700,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 8,185,000.00 | 1,515,000.00 | 9,700,000.00 | 0 | 9,700,000.00 | 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 | 8,185,000.00 | 1,515,000.00 | 9,700,000.00 | - | 9,700,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 8,185,000.00 | 1,515,000.00 | 9,700,000.00 | 0 | 9,700,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 8,185,000.00 | 1,515,000.00 | 9,700,000.00 | 0 | 9,700,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 12 | Ending | 23-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 | 422,953,455.78 | 76,064,000.00 | 39,604,111.75 | 36,459,888.25 | 809,952,434.91 | 459,413,344.03 | 95,715,783.73 | -350,539,090.88 | 380% |
| R-WIN | -6,327,788.21 | 735,000.00 | 40,362.42 | 694,637.58 | 17,233,030.53 | -5,633,150.63 | -11,021,289.37 | -22,866,181.16 | -49% |
| REAP PRODUCT | 639,061.23 | 3,544,000.00 | 200,000.00 | 3,344,000.00 | 34,466,061.06 | 3,983,061.23 | -3,610,058.99 | -30,482,999.83 | -210% |
| RBIP | - | ||||||||
| TOTAL | 417,264,728.80 | 80,343,000.00 | 39,844,474.17 | 40,498,525.83 | 861,651,526.50 | 457,763,254.63 | 81,084,435.37 | -403,888,271.87 | 465% |
| ABUJA | |||||||||
| TENOR FUND | 76,076,628.22 | 1,000,000.00 | 117,531.50 | 882,468.50 | 450,569,566.44 | 76,959,096.72 | 6,934,089.38 | -373,610,469.72 | 1010% |
| R-WIN | - | - | 9,586,586.52 | - | - | -9,586,586.52 | - | ||
| REAP PRODUCT | -1,941,250.20 | - | 19,173,173.04 | -1,941,250.20 | -581,123.06 | -21,114,423.24 | 234% | ||
| TOTAL | 74,135,378.02 | 1,000,000.00 | 117,531.50 | 882,468.50 | 479,329,326.00 | 75,017,846.52 | 6,352,966.32 | -404,311,479.48 | 1081% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | 491,400,106.82 | 81,343,000.00 | 39,962,005.67 | 41,380,994.33 | 1,340,980,852.50 | 532,781,101.15 | 87,437,401.69 | - | 509% |
| PORT-HARCOURT | |||||||||
| WEEK 12 | |||||||||
| TENOR FUND | 285,257,913.78 | 23,000,000.00 | 23,000,000.00 | 527,452,468.65 | 308,257,913.78 | 320,769,552.89 | -219,194,554.87 | -4% | |
| R-WIN | -1,903,457.29 | - | 11,222,392.95 | -1,903,457.29 | 280,000.00 | -13,125,850.24 | -780% | ||
| REAP PRODUCT | -557,391.37 | - | 22,444,785.90 | -557,391.37 | 561,840.29 | -23,002,177.27 | -199% | ||
| 282,797,065.12 | 23,000,000.00 | - | 23,000,000.00 | 561,119,647.50 | 305,797,065.12 | 321,611,393.18 | -255,322,582.38 | -5% | |
| 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 | 784,287,997.78 | 100,064,000.00 | 39,721,643.25 | 60,342,356.75 | 1,787,974,470.00 | 844,630,354.53 | 423,419,426.00 | -943,344,115.47 | 99% |
| R-WIN | -8,231,245.50 | 735,000.00 | 40,362.42 | 694,637.58 | 38,042,010.00 | -7,536,607.92 | -10,741,289.37 | -45,578,617.92 | -30% |
| REAP PRODUCT | -1,859,580.34 | 3,544,000.00 | 200,000.00 | 3,344,000.00 | 76,084,020.00 | 1,484,419.66 | -3,629,341.76 | -74,599,600.34 | -141% |
| RBIP | - | - | - | 0% | |||||
| 774,197,171.94 | 104,343,000.00 | 39,962,005.67 | 64,380,994.33 | 1,902,100,500.00 | 838,578,166.27 | 409,048,794.87 | -1,063,522,333.73 | 105% |
MEETING ADJOURNMENT
Ezinne Umorzurike seconded by Faith Ozegbe adjourned the meeting