Week 23 06-02-2024

MANAGEMENT MEETING
Duration: 8:30am - 12:19pm
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe

ATTENDEES

ADEDOYIN ADEYEMI                -  Recovery
ADETAYO OLUKOGA                 -  Asset Creation
AJA IJI                                       - Branch Head Abuja
AJIBOLA ABDULFATAI                 - Portfolio Risk Officer
AMOTO SERIKI                          - Internal Operations 
ANTHONIA OGBU                    - Lead, Underwriting
CHIMA AGU                              - Ag, Lead Client Experience Management
CHINEDU UGWU                      - Legal
EDNA EJIMAKOR                       - Branch Head, Port-Harcourt
EMMANUEL ONAKOYA             - Lead, CRM
GODFREY EGBUOKPORO          - Lead, Communications
FAITH OZEGBE                           -  Acting Secretary
ITIEKHAO IKPEMINOGENA        -  General Manager
LINDA OTTAH-IJEKEYE                -  Brokers Admin
LOLO YOUNG-HARRY                 - Sales
OLUSEGUN AKEJU                      -  Lead Data Science Unit/Loan Portfolio Unit
OLUWADAMILARE OLAYINKA     - lead, Transformation
OLUWAFEMI SIYANBOLA            - Sales
OLUWATONI LAWAL                    - Lead, Telesales
OLUWOLE EWEJOBI                     -  Head, Information Technology
OMOWALE BELLO                        -  Cooperate Lease
OWOICHO AGADA                       - Product Development
PETER OJUKWU                           - Asset Remedial Management
SAMUEL OTTAH                            - Product Development 
SOPHIA DAGI                               -  Deputy National Channel Manager
STANLEY MAFUVWE                    - Lead, Asset Remedial Management
TAIWO AJAGUNSEGUN                - Business Operations

Sophia Dagi said the opening prayer 

MINUTE ADOPTION
Isimemen Ebhomein seconded by Faith Ozegbe

ORDER OF PRESENTATION
Account, Client Experience, Telesales, Asset Creation, Corporate Lease, Port Harcourt, Wealth Management, Credit Risk Management, Product Development, Business Operations, Transformation, Legal, Information Technology and Internal Operations.

ACTIVITY REPORT (27th – 31st May, 2024)

Client Experience Management Team Report
The report captured the activity for the period in review: total asset creation and liability

Client Experience Management Team Report
For the period in review, 380 inquiries were recorded: Lagos: 80.78%, Port Harcourt: 6.84%, Abuja: 12.37%. The complaint breakdown: Wrong debit @ 58.97%, CRC issues @12.82%, Disbursement @15.38%, Double debit @12.82%. All complaints received will be taken up with the concerned stakeholder

Tele-sales Team Report
The total amount consummated by the team for the week in review is 7.9M  with the core telesales and customer retention team consummating 7.7M (77% of the week’s target) at 3 counts and 200K (1% of the week’s target) at 1 count respectively.

 Asset Creation report
For the period in review, Transactions disbursed are 71.9M. 

Wealth Management Global Report
The week in review shows total netfolw as 111.7M

Brokers Admin Team Report
The week in review shows liability generation is 7.90% (4.5M) of the budget. Risk Asset Transaction Disbursed for the week Nil, Fresh Fund (RTN) for the Week 3.2M, Reap Fund for the week 270K, Rollover for the week Nil, Liquidation for the week 2.1M. 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).

Port-Harcourt Branch Report
shows the activities for the period in review.

Abuja Branch Report
shows the activities for the period in review.

Wealth Management Team Report
For the week in review Executive summary shows the Liquidity Requirement status as CRITICAL (24%23%). Week 1822 experienced a net negativepositive change in cash flow from 19M11M positivenegative in week 1721 to 238M negative. Wealth Management reported a negative 23M8M total NetFlow, with 1253 million inflows and 3561 million outflows.

Credit Risk Management Report
The report shows Core underwriters approved 76116 transactions and pushed back 3559 transactions. The senior underwriters approved 63125 transactions and pushed back 20.14. In the recovery space, the total recovery is 18.8M (48.82%92%) broken down as PDO is 11.7.6M (24.77%18.16% of the target). Extended interest recovery as 3.4M4.9M at 15 counts (63.41%92% of the target), Provisioned Accounts recovery as 3.7M6.2M at 4437 counts (54.1%90.3% of the target).

Product Development Team Report
Captures ongoing and completed projects.

Business Development Team Report
Captures ongoing and completed projects.

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 3958 staffstaffs were hired.

Information & Technology Team Report
Captures ongoing and completed projects.

Internal Operations Team Report
Captures the activities for the period in review

RISK ASSET GENERATION REPORT

         

ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT					LAGOS BRANCH PERFORMANCE
	WEEK	1822		Ending				04-May-01-Jun-24
	BAL B/F	WEEK 1822	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	427,780,500.671,321,382.00	850,54,426,000.00	428,630,500.725,747,382.00	-	428,630,500.725,747,382.00	1,587,920,950.45940,792,272.77	-73%63%	838,306,487.961,730,287.84	-49%25%
Consumer Leases	-		-		-	6,800,676.898,311,938.42	-100%	4,533,941.97	-100%
Asset Cash Loan			-		-				0%
SPBS			-		-				0%
Sub-Total	427,780,500.671,321,382.00	850,54,426,000.00	428,630,500.725,747,382.00	-	428,630,500.725,747,382.00	1,594,721,627.33949,104,211.18	-73.12%62.77%	842,840,429.966,264,229.81	-49%25%
Corporate Leases	92,125,000.00		92,125,000.00		92,125,000.00	12,106,264.3514,796,545.31	0%		661%523%
Operating Leases	-		-		-	344,428,531.23420,968,204.83	0%	55000000	-100%
Business Support Loan/ACL-Corporate	-		-		-	3,538,434.264,324,752.98	0%	10000000	-100%
Sub-Total	92,125,000.00	-	92,125,000.00	-	92,125,000.00	360,073,229.83440,089,503.13	-74.41%79.07%	65,000,000.00	42%
B2C - Products	427,780,500.671,321,382.00	850,54,426,000.00	428,630,500.725,747,382.00	-	428,630,500.725,747,382.00	1,594,721,627.33949,104,211.18	-73%63%	842,840,429.966,264,229.81	-49%25%
B2B - Products	92,125,000.00	-	92,125,000.00	-	92,125,000.00	360,073,229.83440,089,503.13	-74%79%	65,000,000.00	42%
TOTAL FOR LAGOS	519,905,500.763,446,382.00	850,54,426,000.00	520,755,500.817,872,382.00	-	520,755,500.817,872,382.00	1,954,794,857.162,389,193,714.31	-73.36%65.77%	907,840,429.1,031,264,229.81	-43%21%
Cash Backed loan / Credit Card	19,450,22,850,000.00		19,450,22,850,000.00		19,450,22,850,000.00	106,276,821.65129,893,893.12	-82%	1,350,11,850,000.00	1341%93%
Total Risk Assets & Cash-Backed Loan	539,355,500.786,296,382.00	850,54,426,000.00	540,205,500.840,722,382.00	-	540,205,500.840,722,382.00	2,061,071,678.519,087,607.44	-66.63%	1,043,114,229.81	-73.79%	909,190,429.81	-41%19%
ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT					ABUJA BRANCH PERFORMANCE
	WEEK	1822		Ending				04-May-01-Jun-24
	BAL B/F	WEEK 1822	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	88,775,137,453,350.28	9,100,000.00	2,670,000.00	91,445,000.00146,553,350.28	-	91,445,000.00146,553,350.28	1,151,242,689.07407,074,397.76	-92%90%	230,165,664.271,200,663.86	-60%46%
Consumer Leases			-		-	2,472,973.413,022,523.06	-100%	-	0%
Asset Cash Loan			-		-		0%		0%
SPBS			-		-		0%		0%
Sub-Total Abuja	88,775,137,453,350.28	9,100,000.00	2,670,000.00	91,445,000.00146,553,350.28	-	91,445,000.00146,553,350.28	1,153,715,662.49410,096,920.82	-92%90%	230,165,664.271,200,663.86	-60%46%
Corporate Lease			-		-	1,729,466.342,113,792.19	-100%		0%
Operating Leases			-		-	53,577,771.5365,483,942.98	-100%		0%
Business Support Loan/ACL-Corporate			-		-	1,946,138.842,378,614.14	-100%		0%
Sub-Total B 2 B Leases	-	-	-	-	-	57,253,376.7069,976,349.30	-100%	-	0%
					-
B2C - Products	88,775,137,453,350.28	9,100,000.00	2,670,000.00	91,445,000.00146,553,350.28	-	91,445,000.00146,553,350.28	1,153,715,662.49410,096,920.82	-92%90%	230,165,664.271,200,663.86	-60%46%
B2B - Products	-	-	-	-	-	57,253,376.7069,976,349.30	-100%	-	0%
TOTAL FOR ABUJA	88,775,137,453,350.28	9,100,000.00	2,670,000.00	91,445,000.00146,553,350.28	-	91,445,000.00146,553,350.28	1,210,969,039.19480,073,270.12	-92%90%	230,165,664.271,200,663.86	-60%46%
Cash Backed loan / Credit Card			-		-	10,627,682.1612,989,389.31	-100%		0%
Total Risk Assets & Cash-Backed Loan	88,775,137,453,350.28	9,100,000.00	2,670,000.00	91,445,000.00146,553,350.28	-	91,445,000.00146,553,350.28	1,221,596,721.35493,062,659.43	-93%90%	230,165,664.271,200,663.86	-60%46%
ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT					PORT-HARCOURT BRANCH PERFORMANCE
	WEEK	1822		Ending				04-May-01-Jun-24
	BAL B/F	WEEK 1822	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	119,970,159,868,493.34	3,803,11,170,000.00	123,773,171,038,493.34	-	123,773,171,038,493.34	1,230,638,736.59504,114,011.39	-90%89%	232,753,863.40276,255,764.06	-47%38%
Consumer Leases	159,300.00		159,300.00		159,300.00	3,091,216.77778,153.83	-95%96%		0%
Asset Cash Loan			-		-		0%		0%
SPBS			-		-		0%		0%
Sub-Total Port Harcourt	120,129,160,027,793.34	3,803,11,170,000.00	123,932,171,197,793.34	0	123,932,171,197,793.34	1,233,729,953.36507,892,165.22	-89.95%88.65%	232,753,863.40276,255,764.06	-47%38%
Corporate Leases			-		-	3,458,932.674,227,584.38	-100%		0%
Operating Leases			-		-	367,390,433.31449,032,751.82	-100%	336,000,250.00	-100%
Business Support Loan/ACL-Corporate			-		-	3,361,512.544,108,515.33	-100%		0%
Sub-Total B 2 B Leases	0	0	0	0	0	374,210,878.52457,368,851.53	-100.00%	336,000,250.00	-100%
							-		0%
B2C - Products	120,129,160,027,793.34	3,803,11,170,000.00	123,932,171,197,793.34	-	123,932,171,197,793.34	1,233,729,953.36507,892,165.22	-90%89%	232,753,863.40276,255,764.06	-47%38%
B2B - Products	-	-	-	-	-	374,210,878.52457,368,851.53	-100%	336,000,250.00	-100%
TOTAL FOR PORT HARCOURT	120,129,160,027,793.34	3,803,11,170,000.00	123,932,171,197,793.34	0	123,932,171,197,793.34	1,607,940,831.88965,261,016.75	-92.91.29%	568,754,113.40612,256,014.06	-78%72%
							0%		0%
Cash Backed loan / Credit Card	-50,000,000.00		-50,000,000.00		-50,000,000.00	34,919,527.1142,679,422.03	-100%17%	0	0%
							0%		0%
Total Risk Assets & Cash-Backed Loan	120,129,210,027,793.34	3,803,11,170,000.00	123,932,221,197,793.34	0	123,932,221,197,793.34	1,642,860,359.002,007,940,438.77	-92.46%88.98%	568,754,113.40612,256,014.06	-78%64%
ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT					ANAMBRA BRANCH PERFORMANCE
	WEEK	WEEK 1822		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	11,636,13,761,000.00		11,636,435,000.00		11,636,14,196,000.00		14,196,000.00		0%	10,793,14,271,000.00	8%-1%
Consumer Leases			-		-		0%		0%
Asset Cash Loan			-		-		0%		0%
SPBS			-		-		0%		0%
Sub-Total Port Harcourt	11,636,13,761,000.00	435,000.00	14,196,000.00	0	11,636,000.00	0	11,636,14,196,000.00	0	0.00%	10,793,14,271,000.00	8%-1%
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	11,636,13,761,000.00	435,000.00	14,196,000.00	-	11,636,000.00	-	11,636,14,196,000.00	-	0%	10,793,14,271,000.00	8%-1%
B2B - Products	-	-	-	-	-	-	0%	-	0%
TOTAL FOR ANAMBRA	11,636,13,761,000.00	435,000.00	14,196,000.00	0	11,636,000.00	0	11,636,14,196,000.00	0	0.00%	10,793,14,271,000.00	8%-1%
							0%		0%
Cash Backed loan / Credit Card							0%		0%
							0%		0%
Total Risk Assets & Cash-Backed Loan	11,636,13,761,000.00	435,000.00	14,196,000.00	0	11,636,000.00	0	11,636,14,196,000.00	0	0.00%	10,793,14,271,000.00	8%-1%
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	15,000,22,580,000.00	5,241,704,000.00	20,241,23,284,000.00		20,241,23,284,000.00		0%	12,450,17,740,000.00	63%31%
Consumer Leases					-		0%		0%
Asset Cash Loan					-		0%		0%
SPBS					-		0%		0%
Sub-Total Port Harcourt	15,000,22,580,000.00	5,241,704,000.00	20,241,23,284,000.00	0	20,241,23,284,000.00	0	0.00%	12,450,17,740,000.00	63%31%
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	15,000,22,580,000.00	5,241,704,000.00	20,241,23,284,000.00	-	20,241,23,284,000.00	-	0%	12,450,17,740,000.00	63%31%
B2B - Products	-	-	-	-	-	-	0%	-	0%
TOTAL FOR OYO	15,000,22,580,000.00	5,241,704,000.00	20,241,23,284,000.00	0	20,241,23,284,000.00	0	0.00%	12,450,17,740,000.00	63%31%
							0%		0%
Cash Backed loan / Credit Card							0%	0	0%
							0%		0%
Total Risk Assets & Cash-Backed Loan	15,000,22,580,000.00	5,241,704,000.00	20,241,23,284,000.00	0	20,241,23,284,000.00	0	0.00%	12,450,17,740,000.00	63%31%
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			-	150,000.00	-150,000.00		150,000.00		0%	1,400,2,540,000.00	-100%94%
Consumer Leases					-		0%		0%
Asset Cash Loan					-		0%		0%
SPBS					-		0%		0%
Sub-Total Port Harcourt	0	0150,000.00	150,000.00	0	0	0150,000.00	0	0.00%	1,400,2,540,000.00	-100%94%
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	-	-150,000.00	150,000.00	-	-	-150,000.00	-	0%	1,400,2,540,000.00	-100%94%
B2B - Products	-	-	-	-	-	-	0%	-	0%
TOTAL FOR ONDO	0	0150,000.00	150,000.00	0	0	0150,000.00	0	0.00%	1,400,2,540,000.00	-100%94%
							0%		0%
Cash Backed loan / Credit Card							0%	0	0%
							0%		0%
Total Risk Assets & Cash-Backed Loan	0	0150,000.00	150,000.00	0	0	0150,000.00	0	0.00%	1,400,2,540,000.00	-100%94%
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	14,090,20,920,000.00	200,3,307,000.00	14,290,24,227,000.00		14,290,24,227,000.00		0%	14,290,000.00	0%
Consumer Leases					-		0%		0%
Asset Cash Loan					-		0%		0%
SPBS					-		0%		0%
Sub-Total Port Harcourt	14,090,20,920,000.00	200,3,307,000.00	14,290,24,227,000.00	0	14,290,24,227,000.00	0	0.00%	14,290,000.000	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	14,090,20,920,000.00	200,3,307,000.00	14,290,24,227,000.00	-	14,290,24,227,000.00	-	0%	14,290,000.00-	0%
B2B - Products	-	-	-	-	-	-	0%	-	0%
TOTAL FOR ONDO	14,090,20,920,000.00	200,3,307,000.00	14,290,24,227,000.00	0	14,290,24,227,000.00	0	0.00%	14,290,000.000	0%
							0%		0%
Cash Backed loan / Credit Card							0%	0	0%
							0%		0%
Total Risk Assets & Cash-Backed Loan	14,090,20,920,000.00	200,3,307,000.00	14,290,24,227,000.00	0	14,290,24,227,000.00	0	0.00%	14,290,0	0%
ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT					CONSOLIDATED BRANCH PERFORMANCE
CONSOLIDATED	BAL B/F	WEEK 22	PERFORMANCE YEAR TO DATE 2024	PRE-LIQUIDATED LOANS 2024	NET PERFORMANCE 2024	CUMULATIVE 2024 BUDGET	BUDGET VARIANCE YEAR TO DATE 2024	PERFORMANCE YEAR TO DATE 2023	% CHANGE BETWEEN 2024 & 2023
Personal Loan / Public Sector Employee Loan / Group Loan	1,025,904,225.62	79,292,000.00	1,105,196,225.62	-	1,105,196,225.62	4,851,980,681.92	-77%	1,543,737,715.76	-28%
Cash Backed loan / Credit Card	72,850,000.00	-	72,850,000.00	-	72,850,000.00	185,562,704.46	-61%	11,850,000.00	515%
Consumer Leases	159,300.00	-	159,300.00	-	159,300.00	15,112,615.30	-99%	4,533,941.97	-96%
Asset Cash Loan	-	-	-	-	-		0%		0%
SPBS	-	-	-	-	-		0%	-	0%
Business Support Loan/ACL-Corporate	-	-	-	-	-	10,811,882.45	-100%	10,000,000.00	-100%
Corporate Leases	92,125,000.00	-	92,125,000.00	-	92,125,000.00	21,137,921.88	336%	-	0%
Operating Leases	-	-	-	-	-	935,484,899.63	-100%	391,000,250.00	-100%
Total Risk Assets & Cash-Backed Loan	1,191,038,525.62	79,292,000.00	1,270,330,525.62	-	1,270,330,525.62	6,020,090,705.64	-78.90%	1,961,121,907.73	-35.22%

TREASURY MANAGEMENT REPORT

    

ROSABON FINANCIAL SERVICES	LIABILITY GENERATION REPORT
	WEEK	1822	Ending	04-May-01-Jun-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	718,534,847.50597,853,411.49	21,585,42,285,000.00	41,216,040.6329,022,683.65	13,262,316.35	1,484,912,797.34	611,115,727.84	-19,631,040.63	1,214,928,652.37	698,903,806.87	82,198,904.17753,271,038.13	-516,024,845.873,797,069.50	750%-181%
R-WIN	-11,094,776.828,005,010.38	1,970,928,000.00	200,000.00551,750.16	1,770,000.00376,249.84	25,849,545.8031,593,889.31	-7,628,760.54	-9,324,776.82192,157.79	-10,613,524.8139,222,649.85	-35,174,322.62	-12%17%
REAP PRODUCT	6,055,377.239,668,282.91	1,535,430,000.00	375,934.89	1,159,065.11	51,699,091.59	7,214,442.34	723,423.78855,337.38	-44,484,649.25425,337.38	897%63,187,778.61	9,242,945.53	2,660,928.80	-53,944,833.08	247%
RBIP									-
TOTAL	713,495,447.91599,516,684.02	25,090,44,643,000.00	41,791,975.5231,429,771.19	13,213,228.81	1,579,694,465.25	612,729,912.83	-16,701,975.52	1,292,477,289.75	696,793,472.39	72,308,803.14759,802,267.12	-595,683,817.36966,964,552.42	864%-181%
ABUJA
TENOR FUND	66,427,306.8651,350,245.31	1,330,000.00	6,000,000.00	-4,670,000.00	675,854,349.66826,044,205.14	61,757,306.8651,350,245.31	-15,396,586.0110,569,681.90	-614,097,042.80774,693,959.83	-501%586%
R-WIN	-			-	14,379,879.7817,575,408.62	-	-	-14,379,879.7817,575,408.62	-
REAP PRODUCT	-2,043,247.61	250,000.00		250,000.00	35,150,817.24	-	28,759,759.56	-2,043,1,793,247.61	-321,683.61838,316.39	-30,803,007.1736,944,064.85	535%-314%
TOTAL	64,384,059.2549,306,997.70	1,330,000.00	6,000,250,000.00	-4,670,	250,000.00	718,993,989.878,770,431.00	59,714,059.2549,556,997.70	-15,718,269.629,731,365.51	-659,279,929.75829,213,433.30	-480%609%
WARRI
TENOR FUND		-	-	-		-		-	0%
R-WIN		-	-	-		-	-	-	0%
REAP PRODUCT		-	-	-		-	-	-	0%
TOTAL		-	-	-	-	-	-	-	0%
TOTAL	777,879,507.16648,823,681.72	26,420,44,893,000.00	47,791,975.5231,429,771.19	13,463,228.81	2,458,464,896.25	662,286,910.53	-21,371,975.52	2,011,471,278.75	756,507,531.64	56,590,533.52769,533,632.63	-	1237%-186%
PORT-HARCOURT
			WEEK 1822
TENOR FUND	59,818,663.3099,654,635.95	10,000,000.109,783,500.00	3,669,901.8411,839,684.10	6,330,098.1697,943,815.90	791,178,702.98966,996,192.53	66,148,761.46197,598,451.85	341,648,729.40320,804,764.37	-725,029,941.52769,397,740.68	-81%38%
R-WIN	-1,903,457.29			-	16,833,589.4320,574,387.08	-1,903,457.29	535,1,075,000.00	-18,737,046.7222,477,844.37	-456%277%
REAP PRODUCT	962,608.631,747,513.95	250,710,000.00		250,390,000.00	33,667,178.85320,000.00	1,212,608.6341,148,774.15	1,263,705.272,067,513.95	2,740,509.79	-32,454,570.2239,081,260.20	-4%25%
	58,877,814.6499,498,692.61	10,250,000.110,493,500.00	3,669,901.8412,229,684.10	6,580,098.98,263,815.90	1,028,719,353.75	197,762,508.51	324,620,274.16	841,679,471.25	65,457,912.80	343,447,434.67-830,956,845.24	-776,221,558.45	-81%39%
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	844,780,817.748,858,292.75	152,068,500.00	40,862,367.75	111,206,132.25	3,277,953,195.00	860,064,425.00	-443,035,955.66	32,915,000.-2,417,888,770.00	50,885,942.47	-17,970,942.47	2,681,961,705.00	826,809,875.19	408,451,047.56	-1,855,151,829.81	102%294%
R-WIN	-12,998,234.119,908,467.67	1,970,928,000.00	200,000.00551,750.16	1,770,000.00376,249.84	57,063,015.69,743,685.00	-11,228,234.119,532,217.83	-10,078,524.818,117,157.79	-68,291,249.1179,275,902.83	11%17%
REAP PRODUCT	4,974,738.9,372,549.25	1,785,2,390,000.00	375,934.892,245,337.38	1,409,065.11144,662.62	114,126,030.139,487,370.00	6,383,803.369,517,211.87	1,665,445.446,239,754.98	-107,742,226.64129,970,158.13	283%53%
RBIP	-				-	-			0%
	836,757,321.80748,322,374.33	36,670,000.155,386,500.00	51,461,877.3643,659,455.29	111,727,044.71	3,487,184,250.00	860,049,419.04	-14,791,877.36	2,853,150,750.00	821,965,444.44	400,037,968.19444,913,358.47	-2,031,185,305.56627,134,830.96	105%-293%

MEETING ADJOURNMENT
GodfreyOwoicho EgbuokporoAgada seconded by AjaIsimemen IjiEbhomien adjourned the meeting

Adetayo Olukoga said the closing prayers