Week 16 04-15-2024
MANAGEMENT MEETING
Duration: 8:30am - 10:47am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ADETAYO OLUKOGA - Asset Creation
AJA IJI - Branch Head, Abuja
AJIBOLA ABDILFATAI - Portfolio Risk Officer
ANTHONIA OGBU - Head, Underwriting
CHUKWUMA OCHONOGOR - Managing Director
EDNA EJIMAKOR - Branch Head Port Harcourt
EMMANUEL ONAKOYA - Head, CRM
EZINNE UMORZURIKE - Head, Legal
GODFREY EGBUOKPORO - Ag. Head, Communications
FAITH OZEGBE - Acting Secretary
HAPPY OSENI - Human resources
ITIEKHAO IKPEMINOGENA - General Manager
KHADIJAH RAJI - Relationship Manager ,Coperate Lease
LINDA OTTAH-IJEKEYE - Brokers Admin
LOLO HARRY-YOUNG - Sales
OLUWADAMILARE OLAYINKA - Head, Transformation
OLUWAFEMI SIYANBOLA - Sales
OLUWOLE EWEJOBI - Head, Information Technology
OLUWATONI LAWAL - Head, Telesales
OMOWALE BELLO - Cooperate Lease
SOPHIA DAGI - Ag Head, Client Experience Management
STANLEY MAFUVWE - Lead, Asset Remedial Management
Faith Ozegbe said the opening prayer
ORDER OF PRESENTATION
Communication, Telesales, Asset Creation, Brokers, Corporate Lease, Wealth Management, Credit Risk Management, Legal,
ACTIVITY REPORT (8th – 12th April, 2024)
Communication Team Report
for the period in review, market enquiries decreased by 7.9%, leading to a MOM growth rate of 21.4%. Market Engagement increased by 8.4%, Market Reach increased by 0.8%, Online community increased by 0.05%.
Tele-sales Team Report
The total amount consummated by the team for the week in review is 0M at 0 counts (0% of the target) with the core telesales and customer retention team consummating 0M (0% of the week’s target) at 0 count and 0K (0% of the week’s target) at 0 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are 36.8M.
Brokers Admin Team Report
The week in review shows liability generation is 36.40% (5M) of the budget. Risk Asset Transaction Disbursed for the week Nil, Fresh Fund (RTN) for the Week 5M, Reap Fund for the week Nil, Rollover for the week Nil, Liquidation for the week 4.2M. The report also captured Pending RTN transactions.
Chukwuma Ochonogor asked that the team implements the new template for manpower report in the subsequent reports.
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, the Executive summary shows the Liquidity Requirement status as BAD (45%). Week 15 experienced a net negative change in cash flow from 83M positive in week 14 to 27M negative. Wealth Management reported a positive 27M total NetFlow, with 96 million inflows and 123 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 55 transactions and pushed back 25 transactions. The senior underwriters approved 26 transactions and pushed back 20. In the recovery space, the total recovery is 4.3M (13%) broken down as PDO is 3.3M at 27 counts (8% of the target). Extended interest recovery as 113K at 7 counts (2% of the target), Provisioned Accounts recovery as 1.4M at 28 counts (13% of the target).
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 | 15 | Ending | 13-Apr-24 | ||||||
| BAL B/F | WEEK 15 | 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 | 318,648,500.00 | 23,600,000.00 | 342,248,500.00 | - | 342,248,500.00 | 1,323,267,458.71 | -74% | 654,556,487.84 | -48% |
| Consumer Leases | - | - | 5,667,230.74 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 318,648,500.00 | 23,600,000.00 | 342,248,500.00 | - | 342,248,500.00 | 1,328,934,689.44 | -74.25% | 654,556,487.84 | -48% |
| Corporate Leases | - | - | 10,088,553.62 | 0% | -100% | ||||
| Operating Leases | - | - | - | 287,023,776.02 | 0% | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | - | 2,948,695.21 | 0% | 10000000 | -100% | ||
| Sub-Total | - | - | - | - | - | 300,061,024.86 | -100.00% | 10,000,000.00 | -100% |
| B2C - Products | 318,648,500.00 | 23,600,000.00 | 342,248,500.00 | - | 342,248,500.00 | 1,328,934,689.44 | -74% | 654,556,487.84 | -48% |
| B2B - Products | - | - | - | - | - | 300,061,024.86 | -100% | 10,000,000.00 | -100% |
| TOTAL FOR LAGOS | 318,648,500.00 | 23,600,000.00 | 342,248,500.00 | - | 342,248,500.00 | 1,628,995,714.30 | -78.99% | 664,556,487.84 | -48% |
| Cash Backed loan / Credit Card | 19,000,000.00 | 19,000,000.00 | 19,000,000.00 | 88,564,018.04 | -79% | 1,000,000.00 | 1800% | ||
| Total Risk Assets & Cash-Backed Loan | 337,648,500.00 | 23,600,000.00 | 361,248,500.00 | - | 361,248,500.00 | 1,717,559,732.34 | -78.97% | 665,556,487.84 | -46% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 15 | Ending | 13-Apr-24 | ||||||
| BAL B/F | WEEK 15 | 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 | 68,561,000.00 | 3,249,000.00 | 71,810,000.00 | - | 71,810,000.00 | 959,368,907.56 | -93% | 195,933,297.00 | -63% |
| Consumer Leases | - | - | 2,060,811.18 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 68,561,000.00 | 3,249,000.00 | 71,810,000.00 | - | 71,810,000.00 | 961,429,718.74 | -93% | 195,933,297.00 | -63% |
| Corporate Lease | - | - | 1,441,221.95 | -100% | 0% | ||||
| Operating Leases | - | - | 44,648,142.94 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 1,621,782.37 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 47,711,147.25 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 68,561,000.00 | 3,249,000.00 | 71,810,000.00 | - | 71,810,000.00 | 961,429,718.74 | -93% | 195,933,297.00 | -63% |
| B2B - Products | - | - | - | - | - | 47,711,147.25 | -100% | - | 0% |
| TOTAL FOR ABUJA | 68,561,000.00 | 3,249,000.00 | 71,810,000.00 | - | 71,810,000.00 | 1,009,140,865.99 | -93% | 195,933,297.00 | -63% |
| Cash Backed loan / Credit Card | - | - | 8,856,401.80 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 68,561,000.00 | 3,249,000.00 | 71,810,000.00 | - | 71,810,000.00 | 1,017,997,267.79 | -93% | 195,933,297.00 | -63% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 15 | Ending | 13-Apr-24 | ||||||
| BAL B/F | WEEK 15 | 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 | 96,027,493.34 | 2,440,000.00 | 98,467,493.34 | - | 98,467,493.34 | 1,025,532,280.49 | -90% | 183,316,863.40 | -46% |
| Consumer Leases | 159,300.00 | 159,300.00 | 159,300.00 | 2,576,013.97 | -94% | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 96,186,793.34 | 2,440,000.00 | 98,626,793.34 | 0 | 98,626,793.34 | 1,028,108,294.47 | -90.41% | 183,316,863.40 | -46% |
| Corporate Leases | - | - | 2,882,443.89 | -100% | 0% | ||||
| Operating Leases | - | - | 306,158,694.42 | -100% | 336,000,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | 2,801,260.45 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 311,842,398.77 | -100.00% | 336,000,250.00 | -100% |
| - | 0% | ||||||||
| B2C - Products | 96,186,793.34 | 2,440,000.00 | 98,626,793.34 | - | 98,626,793.34 | 1,028,108,294.47 | -90% | 183,316,863.40 | -46% |
| B2B - Products | - | - | - | - | - | 311,842,398.77 | -100% | 336,000,250.00 | -100% |
| TOTAL FOR PORT HARCOURT | 96,186,793.34 | 2,440,000.00 | 98,626,793.34 | 0 | 98,626,793.34 | 1,339,950,693.24 | -92.64% | 519,317,113.40 | -81% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | - | - | - | 29,099,605.93 | -100% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 96,186,793.34 | 2,440,000.00 | 98,626,793.34 | 0 | 98,626,793.34 | 1,369,050,299.16 | -92.80% | 519,317,113.40 | -81% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 15 | 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 | 7,877,000.00 | 1,820,000.00 | 9,697,000.00 | 9,697,000.00 | 0% | 4,494,000.00 | 116% | ||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 7,877,000.00 | 1,820,000.00 | 9,697,000.00 | 0 | 9,697,000.00 | 0 | 0.00% | 4,494,000.00 | 116% |
| 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 | 7,877,000.00 | 1,820,000.00 | 9,697,000.00 | - | 9,697,000.00 | - | 0% | 4,494,000.00 | 116% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 7,877,000.00 | 1,820,000.00 | 9,697,000.00 | 0 | 9,697,000.00 | 0 | 0.00% | 4,494,000.00 | 116% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 7,877,000.00 | 1,820,000.00 | 9,697,000.00 | 0 | 9,697,000.00 | 0 | 0.00% | 4,494,000.00 | 116% |
| 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 2024 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 | 7,170,000.00 | 100,000.00 | 7,270,000.00 | 7,270,000.00 | 0% | 4,370,000.00 | 66% | ||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 7,170,000.00 | 100,000.00 | 7,270,000.00 | 0 | 7,270,000.00 | 0 | 0.00% | 4,370,000.00 | 66% |
| 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 | 7,170,000.00 | 100,000.00 | 7,270,000.00 | - | 7,270,000.00 | - | 0% | 4,370,000.00 | 66% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 7,170,000.00 | 100,000.00 | 7,270,000.00 | 0 | 7,270,000.00 | 0 | 0.00% | 4,370,000.00 | 66% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 7,170,000.00 | 100,000.00 | 7,270,000.00 | 0 | 7,270,000.00 | 0 | 0.00% | 4,370,000.00 | 66% |
| 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 | 11,815,000.00 | 150,000.00 | 11,965,000.00 | 11,965,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 11,815,000.00 | 150,000.00 | 11,965,000.00 | 0 | 11,965,000.00 | 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 | 11,815,000.00 | 150,000.00 | 11,965,000.00 | - | 11,965,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 11,815,000.00 | 150,000.00 | 11,965,000.00 | 0 | 11,965,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 11,815,000.00 | 150,000.00 | 11,965,000.00 | 0 | 11,965,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 15 | Ending | 13-Apr-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 | 435,184,771.80 | 72,700,000.00 | 97,604,388.93 | -24,904,388.93 | 1,012,440,543.64 | 410,280,382.87 | -107,752,211.18 | -602,160,160.77 | -481% |
| R-WIN | -6,883,480.04 | 275,000.00 | 3,195,000.00 | -2,920,000.00 | 21,541,288.16 | -9,803,480.04 | -11,063,524.81 | -31,344,768.20 | -11% |
| REAP PRODUCT | 5,799,137.85 | 90,000.00 | 90,000.00 | 43,082,576.33 | 5,889,137.85 | -3,095,522.96 | -37,193,438.48 | -290% | |
| RBIP | - | ||||||||
| TOTAL | 434,100,429.61 | 73,065,000.00 | 100,799,388.93 | -27,734,388.93 | 1,077,064,408.13 | 406,366,040.68 | -121,911,258.95 | -670,698,367.45 | -433% |
| ABUJA | |||||||||
| TENOR FUND | 76,346,472.87 | 630,356.30 | -630,356.30 | 563,211,958.05 | 75,716,116.57 | 28,934,089.38 | -487,495,841.48 | 162% | |
| R-WIN | - | - | 11,983,233.15 | - | - | -11,983,233.15 | - | ||
| REAP PRODUCT | -1,941,250.20 | 101,997.41 | -101,997.41 | 23,966,466.30 | -2,043,247.61 | -351,683.61 | -26,009,713.91 | 481% | |
| TOTAL | 74,405,222.67 | - | 732,353.71 | -732,353.71 | 599,161,657.50 | 73,672,868.96 | 28,582,405.77 | -525,488,788.54 | 158% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | 508,505,652.28 | 73,065,000.00 | 101,531,742.64 | -28,466,742.64 | 1,676,226,065.63 | 480,038,909.64 | -93,328,853.18 | - | -614% |
| PORT-HARCOURT | |||||||||
| WEEK 15 | |||||||||
| TENOR FUND | 281,290,350.39 | 27,450,000.00 | 280,064,757.71 | -252,614,757.71 | 659,315,585.81 | 28,675,592.68 | 385,266,425.03 | -630,639,993.13 | -93% |
| R-WIN | -1,903,457.29 | - | 14,027,991.19 | -1,903,457.29 | 280,000.00 | -15,931,448.48 | -780% | ||
| REAP PRODUCT | 862,608.63 | 100,000.00 | 100,000.00 | 28,055,982.38 | 962,608.63 | 1,096,990.29 | -27,093,373.75 | -12% | |
| 280,249,501.73 | 27,550,000.00 | 280,064,757.71 | -252,514,757.71 | 701,399,559.38 | 27,734,744.02 | 386,643,415.32 | -673,664,815.36 | -93% | |
| 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 | 792,821,595.06 | 100,150,000.00 | 378,299,502.94 | -278,149,502.94 | 2,234,968,087.50 | 514,672,092.12 | 306,448,303.23 | -1,720,295,995.38 | 68% |
| R-WIN | -8,786,937.33 | 275,000.00 | 3,195,000.00 | -2,920,000.00 | 47,552,512.50 | -11,706,937.33 | -10,783,524.81 | -59,259,449.83 | 9% |
| REAP PRODUCT | 4,720,496.28 | 190,000.00 | 101,997.41 | 88,002.59 | 95,105,025.00 | 4,808,498.87 | -2,350,216.28 | -90,296,526.13 | -305% |
| RBIP | - | - | - | 0% | |||||
| 788,755,154.01 | 100,615,000.00 | 381,596,500.35 | -280,981,500.35 | 2,377,625,625.00 | 507,773,653.66 | 293,314,562.14 | -1,869,851,971.34 | 73% |
Meeting Adjournment
Ezinne Umorzurike seconded by Faith Ozegbe adjourned the meeting