Week 27 07-01-2024
MANAGEMENT MEETING
Duration: 8:30 am - 12:08 pm
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ADEDOYIN ADEYEMI - Recovery
ADETAYO OLUKOGA - Asset Creation
AJA IJI - Branch Head Abuja
AMOTO SERIKI - Internal Operations
ANTHONIA OGBU - Lead, Underwriting
CHIMA AGU - Ag, Lead Client Experience Management
CHINEDU UGWU - Legal
CHUCKS OKOROAFOR - Product Manager
EDNA EJIMAKOR - Branch Head, Port-Harcourt
EMMANUEL ONAKOYA - Lead, CRM
GODFREY EGBUOKPORO - Lead, Communications
FAITH OZEGBE - Acting Secretary
ISIMEMEN EBHOMIEN - Accounts
ITIEKHAO IKPEMINOGENA - General Manager
JOHN ESAN - Product Manager
LINDA OTTAH-IJEKEYE - Brokers Admin
LOLO YOUNG-HARRY - Sales
OLUSEGUN AKEJU - Lead Data Science Unit/Loan Portfolio Unit
OLUTAYO SOLANA - Product Manager
OLUWADAMILARE OLAYINKA - lead, Transformation
OLUWAFEMI SIYANBOLA - Sales
OLUWATOBI GBADAMOSI - Product Manager
OLUWATONI LAWAL - Lead, Telesales
OLUWOLE EWEJOBI - Head, Information Technology
OMOWALE BELLO - Cooperate Lease
OMOWASINUOLA IJASANMI - Product Manager
OWOICHO AGADA - Human Resources
PETER OJUKWU - Asset Remedial Management
RALPH BRAYILLA - Head, Business Operations
SAMUEL OTTAH - Product Manager
SOPHIA DAGI - Deputy National Channel Manager
STANLEY MAFUVWE - Lead, Asset Remedial Management
TAIWO AJAGUNSEGUN - Business Operations
Faith Ozegbe said the opening prayer
MINUTE ADOPTION
Sophia Dagi seconded by Linda Ottah-Ijekeye
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 (24th – 28th June, 2024)
Account 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, 317 inquiries were recorded: Lagos: 88.33%, Port Harcourt: 4.42%, Abuja: 7.26%. The complaint breakdown: Wrong debit @ 52.38%, CRC issues @14.29%, Disbursement @19.05%, Double debit @14.29%. 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 14.2M with the core telesales and customer retention team consummating 5.8M (58% of the week’s target) at 5 counts and 8.48m (45% of the week’s target) at 5 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are 113.8M.
Wealth Management Global Report
The week in review shows total netfolw as -165.4M
Brokers Admin Team Report
The week in review shows liability generation is 9.93% (5.7M) of the budget. Risk Asset Transaction Disbursed for the week Nil, Fresh Fund (RTN) for the Week 3.2M, Reap Fund for the week 310K, Rollover for the week 2.2M, Liquidation for the week 2.3M. 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 BAD (47%). Week 26 experienced a net negative change in cash flow from 41M positive in week 25 to 54M negative. Wealth Management reported a negative 54M total NetFlow, with 85 million inflows and 139 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 87 transactions and pushed back 46 transactions. The senior underwriters approved 160 transactions and pushed back 26. In the recovery space, the total recovery is 14.6M (38.07%) broken down as PDO is 9M (24% of the target). Extended interest recovery as 1.8M (35.26% of the target), Provisioned Accounts recovery as 3.7M at 41 counts (61.7% of the target).
Product Development Team Report
Captures ongoing and completed projects.
Business Operations 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 92 staffs 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 | 26 | Ending | 29-Jun-24 | ||||||
| BAL B/F | WEEK 26 | 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 | 866,948,382.00 | 90,028,000.00 | 956,976,382.00 | - | 956,976,382.00 | 2,293,663,595.09 | -58% | 1,239,316,786.84 | -23% |
| Consumer Leases | - | - | 9,823,199.95 | -100% | 4,533,941.97 | -100% | |||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 866,948,382.00 | 90,028,000.00 | 956,976,382.00 | - | 956,976,382.00 | 2,303,486,795.04 | -58.46% | 1,243,850,728.81 | -23% |
| Corporate Leases | 92,125,000.00 | 92,125,000.00 | 92,125,000.00 | 17,486,826.28 | 0% | 427% | |||
| Operating Leases | - | - | - | 497,507,878.44 | 0% | 55000000 | -100% | ||
| Business Support Loan/ACL-Corporate | - | - | - | 5,111,071.71 | 0% | 20000000 | -100% | ||
| Sub-Total | 92,125,000.00 | - | 92,125,000.00 | - | 92,125,000.00 | 520,105,776.43 | -82.29% | 75,000,000.00 | 23% |
| B2C - Products | 866,948,382.00 | 90,028,000.00 | 956,976,382.00 | - | 956,976,382.00 | 2,303,486,795.04 | -58% | 1,243,850,728.81 | -23% |
| B2B - Products | 92,125,000.00 | - | 92,125,000.00 | - | 92,125,000.00 | 520,105,776.43 | -82% | 75,000,000.00 | 23% |
| TOTAL FOR LAGOS | 959,073,382.00 | 90,028,000.00 | 1,049,101,382.00 | - | 1,049,101,382.00 | 2,823,592,571.46 | -62.85% | 1,318,850,728.81 | -20% |
| Cash Backed loan / Credit Card | 25,850,000.00 | 6,000,000.00 | 31,850,000.00 | 31,850,000.00 | 153,510,964.60 | -79% | 11,850,000.00 | 169% | |
| Total Risk Assets & Cash-Backed Loan | 984,923,382.00 | 96,028,000.00 | 1,080,951,382.00 | - | 1,080,951,382.00 | 2,977,103,536.06 | -63.69% | 1,330,700,728.81 | -19% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 26 | Ending | 29-Jun-24 | ||||||
| BAL B/F | WEEK 26 | 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 | 212,100,350.28 | 4,060,000.00 | 216,160,350.28 | - | 216,160,350.28 | 1,662,906,106.44 | -87% | 329,808,012.86 | -34% |
| Consumer Leases | - | - | 3,572,072.71 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 212,100,350.28 | 4,060,000.00 | 216,160,350.28 | - | 216,160,350.28 | 1,666,478,179.15 | -87% | 329,808,012.86 | -34% |
| Corporate Lease | - | - | 2,498,118.04 | -100% | 0% | ||||
| Operating Leases | - | - | 77,390,114.43 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 2,811,089.44 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 82,699,321.90 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 212,100,350.28 | 4,060,000.00 | 216,160,350.28 | - | 216,160,350.28 | 1,666,478,179.15 | -87% | 329,808,012.86 | -34% |
| B2B - Products | - | - | - | - | - | 82,699,321.90 | -100% | - | 0% |
| TOTAL FOR ABUJA | 212,100,350.28 | 4,060,000.00 | 216,160,350.28 | - | 216,160,350.28 | 1,749,177,501.05 | -88% | 329,808,012.86 | -34% |
| Cash Backed loan / Credit Card | - | - | 15,351,096.46 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 212,100,350.28 | 4,060,000.00 | 216,160,350.28 | - | 216,160,350.28 | 1,764,528,597.51 | -88% | 329,808,012.86 | -34% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 26 | Ending | 29-Jun-24 | ||||||
| BAL B/F | WEEK 26 | 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 | 229,029,993.33 | 25,490,000.00 | 254,519,993.33 | - | 254,519,993.33 | 1,777,589,286.19 | -86% | 371,914,262.06 | -32% |
| Consumer Leases | 159,300.00 | 159,300.00 | 159,300.00 | 4,465,090.89 | -96% | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 229,189,293.33 | 25,490,000.00 | 254,679,293.33 | 0 | 254,679,293.33 | 1,782,054,377.08 | -85.71% | 371,914,262.06 | -32% |
| Corporate Leases | - | - | 4,996,236.08 | -100% | 0% | ||||
| Operating Leases | - | - | 530,675,070.34 | -100% | 336,000,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | 4,855,518.12 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 540,526,824.54 | -100.00% | 336,000,250.00 | -100% |
| - | 0% | ||||||||
| B2C - Products | 229,189,293.33 | 25,490,000.00 | 254,679,293.33 | - | 254,679,293.33 | 1,782,054,377.08 | -86% | 371,914,262.06 | -32% |
| B2B - Products | - | - | - | - | - | 540,526,824.54 | -100% | 336,000,250.00 | -100% |
| TOTAL FOR PORT HARCOURT | 229,189,293.33 | 25,490,000.00 | 254,679,293.33 | 0 | 254,679,293.33 | 2,322,581,201.61 | -89.03% | 707,914,512.06 | -64% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 50,000,000.00 | 50,000,000.00 | 50,000,000.00 | 50,439,316.94 | -1% | 550,000.00 | 8991% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 279,189,293.33 | 25,490,000.00 | 304,679,293.33 | 0 | 304,679,293.33 | 2,373,020,518.55 | -87.16% | 708,464,512.06 | -57% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 26 | 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 | 16,936,000.00 | 2,280,000.00 | 19,216,000.00 | 19,216,000.00 | 0% | 18,813,000.00 | 2% | ||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 16,936,000.00 | 2,280,000.00 | 19,216,000.00 | 0 | 19,216,000.00 | 0 | 0.00% | 18,813,000.00 | 2% |
| 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 | 16,936,000.00 | 2,280,000.00 | 19,216,000.00 | - | 19,216,000.00 | - | 0% | 18,813,000.00 | 2% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 16,936,000.00 | 2,280,000.00 | 19,216,000.00 | 0 | 19,216,000.00 | 0 | 0.00% | 18,813,000.00 | 2% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 16,936,000.00 | 2,280,000.00 | 19,216,000.00 | 0 | 19,216,000.00 | 0 | 0.00% | 18,813,000.00 | 2% |
| 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 | 24,104,000.00 | 1,777,000.00 | 25,881,000.00 | 25,881,000.00 | 0% | 26,971,000.00 | -4% | ||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 24,104,000.00 | 1,777,000.00 | 25,881,000.00 | 0 | 25,881,000.00 | 0 | 0.00% | 26,971,000.00 | -4% |
| 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 | 24,104,000.00 | 1,777,000.00 | 25,881,000.00 | - | 25,881,000.00 | - | 0% | 26,971,000.00 | -4% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 24,104,000.00 | 1,777,000.00 | 25,881,000.00 | 0 | 25,881,000.00 | 0 | 0.00% | 26,971,000.00 | -4% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 24,104,000.00 | 1,777,000.00 | 25,881,000.00 | 0 | 25,881,000.00 | 0 | 0.00% | 26,971,000.00 | -4% |
| 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 | 350,000.00 | 500,000.00 | 500,000.00 | 0% | 6,250,000.00 | -92% | ||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 150,000.00 | 350,000.00 | 500,000.00 | 0 | 500,000.00 | 0 | 0.00% | 6,250,000.00 | -92% |
| 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 | 350,000.00 | 500,000.00 | - | 500,000.00 | - | 0% | 6,250,000.00 | -92% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 150,000.00 | 350,000.00 | 500,000.00 | 0 | 500,000.00 | 0 | 0.00% | 6,250,000.00 | -92% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 150,000.00 | 350,000.00 | 500,000.00 | 0 | 500,000.00 | 0 | 0.00% | 6,250,000.00 | -92% |
| 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 | 28,207,000.00 | 2,311,000.00 | 30,518,000.00 | 30,518,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 28,207,000.00 | 2,311,000.00 | 30,518,000.00 | 0 | 30,518,000.00 | 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 | 28,207,000.00 | 2,311,000.00 | 30,518,000.00 | - | 30,518,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 28,207,000.00 | 2,311,000.00 | 30,518,000.00 | 0 | 30,518,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 28,207,000.00 | 2,311,000.00 | 30,518,000.00 | 0 | 30,518,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | OSUN BRANCH PERFORMANCE | ||||||||
| WEEK | 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 | 230,000.00 | 230,000.00 | 230,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 0 | 230,000.00 | 230,000.00 | 0 | 230,000.00 | 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 | - | 230,000.00 | 230,000.00 | - | 230,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 0 | 230,000.00 | 230,000.00 | 0 | 230,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 0 | 230,000.00 | 230,000.00 | 0 | 230,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| 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 | 829,240,190.04 | 59,250,000.00 | 233,752,581.28 | -174,502,581.28 | 1,754,896,942.31 | 654,737,608.76 | -882,663,466.55 | -1,100,159,333.55 | -174% |
| R-WIN | -9,294,518.80 | 1,202,000.00 | 190,000.00 | 1,012,000.00 | 37,338,232.82 | -8,282,518.80 | -5,434,112.59 | -45,620,751.62 | 52% |
| REAP PRODUCT | 10,872,452.24 | 1,277,500.00 | 87,618.61 | 1,189,881.39 | 74,676,465.63 | 12,062,333.63 | 5,446,749.98 | -62,614,132.00 | 121% |
| RBIP | - | ||||||||
| TOTAL | 830,818,123.48 | 61,729,500.00 | 234,030,199.89 | -172,300,699.89 | 1,866,911,640.75 | 658,517,423.59 | -882,650,829.16 | -1,208,394,217.16 | -175% |
| ABUJA | |||||||||
| TENOR FUND | 79,748,423.40 | 19,500,000.00 | 19,500,000.00 | 976,234,060.62 | 99,248,423.40 | -15,665,516.83 | -876,985,637.22 | -734% | |
| R-WIN | - | - | 20,770,937.46 | - | - | -20,770,937.46 | - | ||
| REAP PRODUCT | -1,613,247.61 | 150,000.00 | 150,000.00 | 41,541,874.92 | -1,463,247.61 | 968,316.39 | -43,005,122.53 | -251% | |
| TOTAL | 78,135,175.79 | 19,650,000.00 | - | 19,650,000.00 | 1,038,546,873.00 | 97,785,175.79 | -14,697,200.44 | -940,761,697.21 | -765% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | 908,953,299.27 | 81,379,500.00 | 234,030,199.89 | -152,650,699.89 | 2,905,458,513.75 | 756,302,599.38 | -897,348,029.60 | - | -184% |
| PORT-HARCOURT | |||||||||
| WEEK 26 | |||||||||
| TENOR FUND | 181,249,541.29 | 3,600,000.00 | 16,842,550.19 | -13,242,550.19 | 1,142,813,682.08 | 168,006,991.10 | 320,673,201.87 | -974,806,690.98 | -48% |
| R-WIN | -1,903,457.29 | - | 24,315,184.73 | -1,903,457.29 | 1,075,000.00 | -26,218,642.02 | -277% | ||
| REAP PRODUCT | 2,307,513.95 | 600,000.00 | 170,515.08 | 429,484.92 | 48,630,369.45 | 2,736,998.87 | 3,251,864.79 | -45,893,370.58 | -16% |
| 181,653,597.95 | 4,200,000.00 | 17,013,065.27 | -12,813,065.27 | 1,215,759,236.25 | 168,840,532.68 | 325,000,066.66 | -1,046,918,703.57 | -48% | |
| 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 | 1,090,238,154.73 | 82,350,000.00 | 250,595,131.47 | -168,245,131.47 | 3,873,944,685.00 | 921,993,023.26 | -577,655,781.51 | -2,951,951,661.74 | -260% |
| R-WIN | -11,197,976.09 | 1,202,000.00 | 190,000.00 | 1,012,000.00 | 82,424,355.00 | -10,185,976.09 | -4,359,112.59 | -92,610,331.09 | 134% |
| REAP PRODUCT | 11,566,718.58 | 2,027,500.00 | 258,133.69 | 1,769,366.31 | 164,848,710.00 | 13,336,084.89 | 9,666,931.16 | -151,512,625.11 | 38% |
| RBIP | - | - | - | 0% | |||||
| 1,090,606,897.22 | 85,579,500.00 | 251,043,265.16 | -165,463,765.16 | 4,121,217,750.00 | 925,143,132.06 | -572,347,962.94 | -3,196,074,617.94 | -262% |
MEETING ADJOURNMENT
Ezinne Umorzurike seconded by Faith Ozegbe adjourned the meeting
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