Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

1.67

56%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.11

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.10

5%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.05

35%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.08

36%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of compliance
within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.98

99%

Total

20

9.99

50%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

25

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

625,919,758.93

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

4158

Total number of
cards issued to Banks by Current Bank

367

Total number of
Unsynchronized cards by Current Bank

238

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

21

Total number of
all Accounts  For Current Bank

25

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

114,290.43

Actual COT
charges By Current Bank

114,297.37

Expected
interest Charges By Current Bank

316,630.56

Actual interest
Charges By Current Bank

399,541.37

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

36

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

3.00

100%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.07

2%

3

No of
Transactions

Volume of collections
by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.70

90%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.90

90%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.67

89%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

14.33

72%

CITIBANK NIGERIA LIMITED

Data

No of State
Branches of current Bank

4

No of branches
issuing instant receipts

4

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

432,393,820.18

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

171

Total number of
cards issued to Banks by Current Bank

20

Total number of
Unsynchronized cards by Current Bank

2

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

19

Total number of
all Accounts  For Current Bank

9

Total number of
reconciled Accounts

8

Expected COT
charges For Current Bank

522,511.47

Actual COT
charges By Current Bank

522,511.47

Expected
interest Charges By Current Bank

543,580.85

Actual interest
Charges By Current Bank

560,609.86

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

1

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  DIAMOND BANK PLC                                                                                PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.57

86%

2

Value of monthly
collection

Value of collections
by Bank (=N=) /Total value from all Banks

3

0.02

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

0.26

9%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.00

67%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

0.99

50%

Total

20

9.85

49%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

59

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

98,854,553.24

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

235

Total number of
cards issued to Banks by Current Bank

567

Total number of
Unsynchronized cards by Current Bank

517

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

12

Total number of
reconciled Accounts

8

Expected COT
charges For Current Bank

114,600.00

Actual COT
charges By Current Bank

114,600.00

Expected
interest Charges By Current Bank

120,064.42

Actual interest
Charges By Current Bank

120,055.53

Number of
instructions From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

3

Total Number of Reversal due to Error

119

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  ECOBANK NIGERIA PLC                                                                                      PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.38

79%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.04

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.06

3%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.54

51%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.80

60%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

11.82

59%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

53

No of branches
issuing instant receipts

42

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

247,194,193.15

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

2614

Total number of
cards issued to Banks by Current Bank

367

Total number of
Unsynchronized cards by Current Bank

178

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

10

Total number of
reconciled Accounts

6

Expected COT
charges For Current Bank

195,147.80

Actual COT
charges By Current Bank

195,149.30

Expected
interest Charges By Current Bank

1,109,667.91

Actual interest
Charges By Current Bank

1,196,223.09

Number of
instructions From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

3

Total Number of Reversal due to Error

1

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.18

73%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.01

0%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.34

45%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.60

53%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

0.50

50%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

10.63

53%

ENTERPRISE BANK LIMITED

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

40

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

55,659,853.22

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

137

Total number of
cards issued to Banks by Current Bank

224

Total number of
Unsynchronized cards by Current Bank

124

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

15

Total number of
reconciled Accounts

8

Expected COT
charges For Current Bank

50,500.00

Actual COT
charges By Current Bank

50,500.00

Expected
interest Charges By Current Bank

94,017.00

Actual interest
Charges By Current Bank

94,017.00

Number of
instructions From AG (Inter Bank Tranfer)

4

Number of
compliance within 48 hours (Inter Bank Tranfer)

2

Total Number of Reversal due to Error

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  EQUITORIAL TRUST BANK PLC                                                                                    PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.76

92%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.06

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

0.56

19%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.50

50%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.20

73%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of compliance
within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

11.08

55%

EQUITORIAL TRUST BANK PLC

Data

No of State
Branches of current Bank

38

No of branches
issuing instant receipts

35

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

328,094,753.13

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

191

Total number of
cards issued to Banks by Current Bank

80

Total number of
Unsynchronized cards by Current Bank

65

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

2

Total number of
all Accounts  For Current Bank

30

Total number of
reconciled Accounts

22

Expected COT
charges For Current Bank

200,416.00

Actual COT
charges By Current Bank

200,416.00

Expected
interest Charges By Current Bank

186,651.69

Actual interest
Charges By Current Bank

373,303.38

Number of
instructions From AG (Inter Bank Tranfer)

2

Number of
compliance within 48 hours (Inter Bank Tranfer)

2

Total Number of Reversal due to Error

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  FIRST BANK OF NIGERIA PLC                                                                                       PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.86

95%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.22

7%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.15

8%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.10

37%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.25

75%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.33

33%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.96

98%

Total

20

11.87

59%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

108

No of branches
issuing instant receipts

103

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

1,319,601,063.45

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

6516

Total number of
cards issued to Banks by Current Bank

887

Total number of
Unsynchronized cards by Current Bank

561

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

20

Total number of
reconciled Accounts

15

Expected COT
charges For Current Bank

6,511,501.79

Actual COT
charges By Current Bank

6,077,376.35

Expected
interest Charges By Current Bank

18,571,821.38

Actual interest
Charges By Current Bank

6,192,346.82

Number of
instructions From AG (Inter Bank Tranfer)

1

Number of
compliance within 48 hours (Inter Bank Tranfer)

1

Total Number of Reversal due to Error

131

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  FIRST CITY MONUMENT BANK PLC                                                                                       PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.32

77%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.12

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.04

2%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.19

40%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.95

95%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.73

58%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.97

99%

Total

20

11.32

57%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

44

No of branches
issuing instant receipts

34

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

694,481,096.32

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

1843

Total number of
cards issued to Banks by Current Bank

234

Total number of
Unsynchronized cards by Current Bank

141

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

26

Total number of
reconciled Accounts

15

Expected COT
charges For Current Bank

212,858.29

Actual COT
charges By Current Bank

212,858.29

Expected interest
Charges By Current Bank

410,789.93

Actual interest
Charges By Current Bank

412,149.81

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

27

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Fidelity Bank Plc.                                                                                 PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.59

86%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.14

5%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.12

6%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.91

97%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.62

62%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.00

67%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

13.37

67%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

58

No of branches
issuing instant receipts

50

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

805,987,533.48

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

5114

Total number of
cards issued to Banks by Current Bank

540

Total number of
Unsynchronized cards by Current Bank

17

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

13

Total number of
all Accounts  For Current Bank

21

Total number of
reconciled Accounts

14

Expected COT
charges For Current Bank

186,412.31

Actual COT
charges By Current Bank

186,198.26

Expected
interest Charges By Current Bank

544,294.00

Actual interest
Charges By Current Bank

544,343.19

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

15

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  FirstInland Bank PLC                                                                                    PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

1.02

34%

2

Value of monthly
collection

Value of collections
by Bank (=N=) /Total value from all Banks

3

0.02

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

0.70

23%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.76

76%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

0.40

13%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

0.72

72%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.82

91%

Total

20

7.45

37%

FirstInland Bank PLC

Data

No of State
Branches of current Bank

41

No of branches
issuing instant receipts

14

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

128,277,377.42

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

365

Total number of
cards issued to Banks by Current Bank

350

Total number of
Unsynchronized cards by Current Bank

268

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

16

Total number of
all Accounts  For Current Bank

15

Total number of
reconciled Accounts

2

Expected COT
charges For Current Bank

81,420.75

Actual COT
charges By Current Bank

112,612.13

Expected
interest Charges By Current Bank

300,283.50

Actual interest
Charges By Current Bank

301,652.38

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

32

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  GUARANTY TRUST BANK PLC.                                                                                     PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.40

80%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.10

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.09

5%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.06

69%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.95

95%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.80

60%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

12.39

62%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

56

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current bank

607,854,403.87

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

4006

Total number of
cards issued to Banks by Current Bank

200

Total number of
Unsynchronized cards by Current Bank

63

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

50

Total number of
reconciled Accounts

30

Expected COT
charges For Current Bank

10,537,486.26

Actual COT
charges By Current Bank

10,399,234.08

Expected
interest Charges By Current Bank

10,921,533.05

Actual interest
Charges By Current Bank

11,139,558.52

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

29

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  INTERCONTINENTAL BANK PLC                                                                                 PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.17

72%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.20

7%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.05

3%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.25

42%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.81

81%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.58

53%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.93

97%

Total

20

10.99

55%

INTERCONTINENTAL BANK PLC

Data

No of State
Branches of current Bank

101

No of branches issuing
instant receipts

73

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

1,205,377,547.65

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

2070

Total number of
cards issued to Banks by Current Bank

513

Total number of
Unsynchronized cards by Current Bank

299

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

17

Total number of
all Accounts  For Current Bank

19

Total number of
reconciled Accounts

10

Expected COT
charges For Current Bank

764,828.27

Actual COT
charges By Current Bank

764,839.85

Expected
interest Charges By Current Bank

773,298.97

Actual interest
Charges By Current Bank

773,241.76

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

68

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  KEYSTONE BANK LIMITED                                                                                PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

1.58

53%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.02

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

0.83

28%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.00

33%

7

Correct C.O.T charges
(1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

9.44

47%

KEYSTONE BANK LIMITED

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

31

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

113,426,206.88

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

220

Total number of
cards issued to Banks by Current Bank

159

Total number of
Unsynchronized cards by Current Bank

115

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

12

Total number of
reconciled Accounts

4

Expected COT
charges For Current Bank

112,354.92

Actual COT
charges By Current Bank

112,354.92

Expected
interest Charges By Current Bank

340,184.51

Actual interest
Charges By Current Bank

340,166.25

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.70

90%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.02

1%

3

No of Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.03

2%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.55

85%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.14

71%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual interest/Expected
interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

13.43

67%

MAINSTREET BANK LIMITED

Data

No of State
Branches of current Bank

40

No of branches
issuing instant receipts

36

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

114,962,273.42

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

1380

Total number of
cards issued to Banks by Current Bank

258

Total number of
Unsynchronized cards by Current Bank

39

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

14

Total number of
reconciled Accounts

10

Expected COT
charges For Current Bank

173,600.00

Actual COT
charges By Current Bank

110,315.10

Expected
interest Charges By Current Bank

248,348.06

Actual interest
Charges By Current Bank

248,325.41

Number of
instructions From AG (Inter Bank Tranfer)

4

Number of
compliance within 48 hours (Inter Bank Tranfer)

4

Total Number of Reversal due to Error

8

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Oceanic Bank International Nig. Plc                                                                                      PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.83

94%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.31

10%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.14

7%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.28

76%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.48

48%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.22

74%

7

Correct C.O.T
charges (1.00 per mil)

Expected charges/
Actual charges

1

0.78

78%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.98

99%

Total

20

13.02

65%

Oceanic Bank International Nig. Plc

Data

No of State
Branches of current Bank

104

No of branches
issuing instant receipts

98

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

1,816,703,155.68

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

5823

Total number of
cards issued to Banks by Current Bank

478

Total number of
Unsynchronized cards by Current Bank

114

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

10

Total number of
all Accounts  For Current Bank

27

Total number of
reconciled Accounts

20

Expected COT
charges For Current Bank

1,714,227.03

Actual COT
charges By Current Bank

2,194,926.73

Expected
interest Charges By Current Bank

1,142,301.34

Actual interest
Charges By Current Bank

1,142,207.46

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

60

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  SKYE BANK PLC                                                                                         PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

3.00

100%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.41

14%

3

No of Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.40

20%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.86

95%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.67

89%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.75

75%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

15.09

75%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

67

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

2,409,574,715.77

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

16972

Total number of
cards issued to Banks by Current Bank

354

Total number of
Unsynchronized cards by Current Bank

17

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

21

Total number of
all Accounts  For Current Bank

55

Total number of
reconciled Accounts

49

Expected COT
charges For Current Bank

6,205,821.71

Actual COT
charges By Current Bank

5,760,025.41

Expected
interest Charges By Current Bank

4,580,687.72

Actual interest
Charges By Current Bank

3,443,079.21

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

38

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Stanbic IBTC Bank PLC                                                                                PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.48

83%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.06

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.02

67%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.71

71%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.88

63%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.84

84%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.97

99%

Total

20

11.97

60%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

46

No of branches
issuing instant receipts

38

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

351,460,710.26

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

554

Total number of
cards issued to Banks by Current Bank

186

Total number of
Unsynchronized cards by Current Bank

61

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

15

Total number of
all Accounts  For Current Bank

16

Total number of
reconciled Accounts

10

Expected COT
charges For Current Bank

294,751.65

Actual COT
charges By Current Bank

294,359.47

Expected
interest Charges By Current Bank

261,667.98

Actual interest
Charges By Current Bank

220,980.19

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

7

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Sterling Bank Plc                                                                                 PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.33

78%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.13

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.30

15%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.74

91%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.75

58%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

13.24

66%

Sterling Bank Plc

Data

No of State
Branches of current Bank

49

No of branches
issuing instant receipts

38

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

772,162,592.50

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

12922

Total number of
cards issued to Banks by Current Bank

524

Total number of
Unsynchronized cards by Current Bank

45

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

21

Total number of
all Accounts  For Current Bank

48

Total number of
reconciled Accounts

28

Expected COT
charges For Current Bank

822,142.13

Actual COT
charges By Current Bank

822,148.13

Expected
interest Charges By Current Bank

395,867.02

Actual interest
Charges By Current Bank

395,867.03

Number of
instructions From AG (Inter Bank Tranfer)

1

Number of
compliance within 48 hours (Inter Bank Tranfer)

1

Total Number of Reversal due to Error

35

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  United Bank For Africa Plc.                                                                                       PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.54

85%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.18

6%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.11

6%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.35

45%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.96

65%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.95

95%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.95

98%

Total

20

12.04

60%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

125

No of branches
issuing instant receipts

106

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

1,074,828,157.74

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

4777

Total number of
cards issued to Banks by Current Bank

668

Total number of
Unsynchronized cards by Current Bank

367

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

21

Total number of
all Accounts  For Current Bank

23

Total number of
reconciled Accounts

15

Expected COT
charges For Current Bank

2,131,570.78

Actual COT
charges By Current Bank

2,095,153.87

Expected
interest Charges By Current Bank

1,575,506.17

Actual interest
Charges By Current Bank

1,500,092.54

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

112

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Union Bank of Nigeria Plc.                                                                                         PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

1.59

53%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.26

9%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.07

4%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

0.71

24%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

1.00

33%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

9.63

48%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

87

No of branches
issuing instant receipts

46

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

1,561,234,110.04

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

3141

Total number of
cards issued to Banks by Current Bank

1029

Total number of
Unsynchronized cards by Current Bank

787

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

15

Total number of
reconciled Accounts

5

Expected COT
charges For Current Bank

2,955,600.00

Actual COT
charges By Current Bank

2,519,000.00

Expected
interest Charges By Current Bank

3,289,425.87

Actual interest
Charges By Current Bank

3,291,090.39

Number of
instructions From AG (Inter Bank Tranfer)

4

Number of
compliance within 48 hours (Inter Bank Tranfer)

4

Total Number of Reversal due to Error

3

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  UNITY BANK PLC                                                                                       PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

1.22

41%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.02

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.65

55%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

0.60

20%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.00

0%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

0.00

0%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

7.50

38%

UNITY BANK PLC

Data

No of State
Branches of current Bank

32

No of branches
issuing instant receipts

13

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

135,686,681.24

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

267

Total number of
cards issued to Banks by Current Bank

171

Total number of
Unsynchronized cards by Current Bank

77

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

10

Total number of
reconciled Accounts

2

Expected COT
charges For Current Bank

129,060.00

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

100,069.05

Actual interest
Charges By Current Bank

Number of instructions
From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  WEMA BANK PLC.                                                                                      PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

3.00

100%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.03

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.10

5%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.40

80%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.65

88%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

14.18

71%

WEMA BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

45

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

186,344,469.53

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

4066

Total number of
cards issued to Banks by Current Bank

288

Total number of
Unsynchronized cards by Current Bank

58

Total No of Expected Transfers (Both Rev
and Expenditure)

4

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

17

Total number of
reconciled Accounts

15

Expected COT
charges For Current Bank

199,700.00

Actual COT
charges By Current Bank

200,562.87

Expected
interest Charges By Current Bank

177,323.95

Actual interest
Charges By Current Bank

177,375.97

Number of
instructions From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

3

Total Number of Reversal due to Error

9

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  ZENITH BANK PLC                                                                                     PERIOD:  AUGUST
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

3

2.85

95%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.46

15%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.18

9%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.95

65%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

Total number of
reconciled Accounts/Total number of all Accounts  For Current Bank

3

2.25

75%

7

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.17

17%

9

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

10

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

12.85

64%

ZENITH BANK PLC

Data

No of State
Branches of current Bank

120

No of branches
issuing instant receipts

114

Total Monthly Collection from all banks

17,813,858,234.46

Total Monthly Collection from Current
bank

2,729,295,807.37

Total Number of Transactions From All
Banks

85342

Total Number of Transactions From Current
Bank

7800

Total number of
cards issued to Banks by Current Bank

728

Total number of
Unsynchronized cards by Current Bank

256

Total No of Expected Transfers (Both Rev
and Expenditure)

21

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

21

Total number of
all Accounts  For Current Bank

28

Total number of
reconciled Accounts

21

Expected COT
charges For Current Bank

2,008,712.42

Actual COT
charges By Current Bank

2,014,592.34

Expected
interest Charges By Current Bank

1,576,067.43

Actual interest
Charges By Current Bank

269,464.72

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

25

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.