Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  DECEMBER
2010

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

2.00

67%

2

Value of monthly
collection

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

3

0.08

3%

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

2.14

71%

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

1.39

46%

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

11.63

58%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

30

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

460,540,865.58

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

2766

Total number of
cards issued to Banks by Current Bank

602

Total number of
Unsynchronized cards by Current Bank

172

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

13

Expected COT
charges For Current Bank

162,309.60

Actual COT
charges By Current Bank

162,307.54

Expected
interest Charges By Current Bank

697,520.89

Actual interest
Charges By Current Bank

697,579.13

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

37

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

Bank Monthly Assessment

BANK:  Afribank Nigeria Plc                                                                                       PERIOD:  DECEMBER
2010

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

0.90

30%

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

0.03

2%

4

Unsynchronized
cards

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

3

2.33

78%

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

0.80

80%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.27

9%

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

9.34

47%

Afribank Nigeria Plc

Data

No of State
Branches of current Bank

40

No of branches
issuing instant receipts

12

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

165,489,062.46

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

1511

Total number of
cards issued to Banks by Current Bank

282

Total number of
Unsynchronized cards by Current Bank

63

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

4

Total number of
all Accounts  For Current Bank

11

Total number of
reconciled Accounts

1

Expected COT
charges For Current Bank

87,000.00

Actual COT
charges By Current Bank

87,000.00

Expected
interest Charges By Current Bank

162,609.39

Actual interest
Charges By Current Bank

162,601.40

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

17

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

Bank Monthly Assessment

BANK:  PlatinumHabib Bank Plc                                                                                PERIOD:  DECEMBER
2010

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

0.61

20%

2

Value of monthly
collection

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

3

0.05

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

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

0.00

0%

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

7.98

40%

PlatinumHabib Bank Plc

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

12

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

291,149,726.73

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

246

Total number of
cards issued to Banks by Current Bank

284

Total number of
Unsynchronized cards by Current Bank

157

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

15

Total number of
reconciled Accounts

Expected COT
charges For Current Bank

80,884.83

Actual COT
charges By Current Bank

80,884.43

Expected
interest Charges By Current Bank

322,078.88

Actual interest
Charges By Current Bank

322,072.86

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

3

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

Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  DECEMBER
2010

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

0.75

25%

2

Value of monthly
collection

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

3

0.08

3%

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

1.50

50%

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

0.00

0%

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

1.80

90%

Total

20

8.13

41%

CITIBANK NIGERIA LIMITED

Data

No of State
Branches of current Bank

4

No of branches
issuing instant receipts

1

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

449,517,689.97

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

178

Total number of
cards issued to Banks by Current Bank

12

Total number of
Unsynchronized cards by Current Bank

6

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

6

Total number of
reconciled Accounts

Expected COT
charges For Current Bank

409,000.00

Actual COT
charges By Current Bank

409,000.00

Expected
interest Charges By Current Bank

202,633.25

Actual interest
Charges By Current Bank

210,302.62

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

18

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

Bank Monthly Assessment

BANK:  DIAMOND BANK PLC                                                                                PERIOD:  DECEMBER
2010

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

2.09

70%

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

0.00

0%

4

Unsynchronized
cards

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

3

2.72

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

1.50

50%

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

12.31

62%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

48

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

171,984,512.13

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

211

Total number of
cards issued to Banks by Current Bank

867

Total number of
Unsynchronized cards by Current Bank

82

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

10

Total number of
reconciled Accounts

5

Expected COT
charges For Current Bank

104,000.00

Actual COT
charges By Current Bank

104,000.00

Expected
interest Charges By Current Bank

90,848.12

Actual interest
Charges By Current Bank

90,841.40

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

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:  ECOBANK NIGERIA PLC                                                                                      PERIOD:  DECEMBER
2010

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

2.09

70%

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

1.97

66%

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

1.50

50%

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

11.60

58%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

53

No of branches
issuing instant receipts

37

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

142,662,604.71

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

1751

Total number of
cards issued to Banks by Current Bank

406

Total number of
Unsynchronized cards by Current Bank

139

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

10

Total number of
reconciled Accounts

5

Expected COT
charges For Current Bank

175,200.82

Actual COT
charges By Current Bank

175,195.00

Expected interest
Charges By Current Bank

118,244.65

Actual interest
Charges By Current Bank

118,244.64

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

6

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:  DECEMBER
2010

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

0.02

1%

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

1.73

58%

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

0.40

40%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.17

72%

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

0.41

41%

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

11.48

57%

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

17,242,969,072.14

Total Monthly Collection from Current
bank

143,414,244.57

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

196

Total number of
cards issued to Banks by Current Bank

156

Total number of Unsynchronized
cards by Current Bank

66

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

2

Total number of
all Accounts  For Current Bank

36

Total number of
reconciled Accounts

26

Expected COT
charges For Current Bank

45,006.50

Actual COT
charges By Current Bank

45,006.50

Expected
interest Charges By Current Bank

100,215.77

Actual interest
Charges By Current Bank

40,678.76

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

1

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:  DECEMBER
2010

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

1.17

39%

2

Value of monthly
collection

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

3

0.35

12%

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

1.10

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

0.80

80%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.58

19%

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

0.32

32%

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

1.86

93%

Total

20

8.28

41%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

108

No of branches
issuing instant receipts

42

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

2,014,972,957.15

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

5246

Total number of
cards issued to Banks by Current Bank

924

Total number of
Unsynchronized cards by Current Bank

586

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

4

Total number of
all Accounts  For Current Bank

26

Total number of
reconciled Accounts

5

Expected COT
charges For Current Bank

1,095,348.10

Actual COT
charges By Current Bank

1,095,348.10

Expected
interest Charges By Current Bank

973,451.08

Actual interest
Charges By Current Bank

314,060.12

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

362

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:  DECEMBER
2010

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

0.10

3%

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

1.23

41%

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

2.40

80%

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

1.98

99%

Total

20

12.07

60%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

44

No of branches
issuing instant receipts

44

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

594,236,037.20

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

1343

Total number of
cards issued to Banks by Current Bank

239

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)

21

Total number of
all Accounts  For Current Bank

20

Total number of
reconciled Accounts

16

Expected COT
charges For Current Bank

15,404,903.43

Actual COT
charges By Current Bank

15,247,403.43

Expected
interest Charges By Current Bank

15,633,479.00

Actual interest
Charges By Current Bank

5,207,443.24

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

12

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

Bank Monthly Assessment

BANK:  Fidelity Bank Plc.                                                                                 PERIOD:  DECEMBER
2010

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

0.16

5%

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

0.99

33%

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

2.57

86%

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

12.48

62%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

58

No of branches
issuing instant receipts

58

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

937,847,251.04

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

7894

Total number of
cards issued to Banks by Current Bank

831

Total number of
Unsynchronized cards by Current Bank

558

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

18

Expected COT
charges For Current Bank

494,533.68

Actual COT
charges By Current Bank

467,575.87

Expected
interest Charges By Current Bank

605,757.44

Actual interest
Charges By Current Bank

605,757.44

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

41

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

Bank Monthly Assessment

BANK:  FirstInland Bank PLC                                                                                    PERIOD:  DECEMBER
2010

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

0.80

27%

2

Value of monthly
collection

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

3

0.05

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

1.80

60%

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

0.29

29%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.17

6%

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

8.12

41%

FirstInland Bank PLC

Data

No of State
Branches of current Bank

41

No of branches
issuing instant receipts

11

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

311,949,715.79

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

436

Total number of
cards issued to Banks by Current Bank

1178

Total number of
Unsynchronized cards by Current Bank

470

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

6

Total number of
all Accounts  For Current Bank

18

Total number of
reconciled Accounts

1

Expected COT
charges For Current Bank

203,543.46

Actual COT
charges By Current Bank

158,970.71

Expected
interest Charges By Current Bank

213,535.17

Actual interest
Charges By Current Bank

248,890.61

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:  GUARANTY TRUST BANK PLC.                                                                                     PERIOD:  DECEMBER
2010

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

2.61

87%

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

0.04

2%

4

Unsynchronized
cards

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

3

0.73

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

0.57

57%

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

0.89

89%

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

10.87

54%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

61

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

358,546,391.55

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

2197

Total number of cards
issued to Banks by Current Bank

583

Total number of
Unsynchronized cards by Current Bank

441

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

12

Total number of
all Accounts  For Current Bank

48

Total number of
reconciled Accounts

32

Expected COT
charges For Current Bank

663,898.60

Actual COT
charges By Current Bank

663,898.60

Expected
interest Charges By Current Bank

176,618.57

Actual interest
Charges By Current Bank

156,918.97

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

31

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

Bank Monthly Assessment

BANK:  INTERCONTINENTAL BANK PLC                                                                                 PERIOD:  DECEMBER
2010

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

1.60

53%

2

Value of monthly
collection

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

3

0.08

3%

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

1.29

43%

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

0.22

22%

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

1.66

83%

Total

20

8.88

44%

INTERCONTINENTAL BANK PLC

Data

No of State
Branches of current Bank

101

No of branches
issuing instant receipts

54

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

468,962,801.44

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

1481

Total number of
cards issued to Banks by Current Bank

506

Total number of
Unsynchronized cards by Current Bank

289

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

36

Total number of
reconciled Accounts

12

Expected COT
charges For Current Bank

1,051,141.02

Actual COT
charges By Current Bank

4,740,121.06

Expected
interest Charges By Current Bank

2,117,441.83

Actual interest
Charges By Current Bank

2,117,285.20

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

252

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:  DECEMBER
2010

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

0.37

12%

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

2.81

94%

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

0.43

43%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.54

85%

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

1.95

98%

Total

20

14.17

71%

Oceanic Bank International Nig. Plc

Data

No of State
Branches of current Bank

104

No of branches
issuing instant receipts

104

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

2,108,839,399.63

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

3474

Total number of
cards issued to Banks by Current Bank

430

Total number of
Unsynchronized cards by Current Bank

27

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

9

Total number of
all Accounts  For Current Bank

26

Total number of
reconciled Accounts

22

Expected COT
charges For Current Bank

1,749,972.08

Actual COT
charges By Current Bank

1,754,083.65

Expected
interest Charges By Current Bank

558,807.20

Actual interest
Charges By Current Bank

558,761.27

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

95

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

Bank Monthly Assessment

BANK:  SKYE BANK PLC                                                                                         PERIOD:  DECEMBER
2010

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

2.42

81%

2

Value of monthly
collection

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

3

0.35

12%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.20

10%

4

Unsynchronized
cards

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

3

2.85

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

1.79

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

13.60

68%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

54

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

1,997,944,291.06

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

10611

Total number of
cards issued to Banks by Current Bank

502

Total number of
Unsynchronized cards by Current Bank

25

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

67

Total number of
reconciled Accounts

40

Expected COT
charges For Current Bank

4,466,116.55

Actual COT
charges By Current Bank

4,151,696.95

Expected
interest Charges By Current Bank

2,598,831.21

Actual interest
Charges By Current Bank

2,596,608.33

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

63

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

Bank Monthly Assessment

BANK:  SPRING BANK PLC                                                                                     PERIOD:  DECEMBER
2010

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

1.85

62%

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

1.15

38%

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

1.25

42%

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

10.23

51%

SPRING BANK PLC

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

34

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

84,951,522.19

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

132

Total number of
cards issued to Banks by Current Bank

242

Total number of
Unsynchronized cards by Current Bank

149

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

12

Total number of
reconciled Accounts

5

Expected COT
charges For Current Bank

17,500.00

Actual COT
charges By Current Bank

17,500.00

Expected
interest Charges By Current Bank

28,252.97

Actual interest
Charges By Current Bank

46,861.72

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

2

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:  DECEMBER
2010

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

2.22

74%

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

0.02

1%

4

Unsynchronized
cards

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

3

0.25

8%

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

0.86

86%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.59

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

0.90

90%

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

9.86

49%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

46

No of branches
issuing instant receipts

34

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

319,582,529.60

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

793

Total number of
cards issued to Banks by Current Bank

409

Total number of
Unsynchronized cards by Current Bank

375

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

18

Total number of
all Accounts  For Current Bank

17

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

247,190.79

Actual COT
charges By Current Bank

247,662.52

Expected
interest Charges By Current Bank

360,611.74

Actual interest
Charges By Current Bank

324,542.90

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:  Sterling Bank Plc                                                                                 PERIOD:  DECEMBER
2010

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

1.53

51%

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

0.21

11%

4

Unsynchronized
cards

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

3

2.88

96%

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

0.91

30%

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

11.64

58%

Sterling Bank Plc

Data

No of State
Branches of current Bank

49

No of branches
issuing instant receipts

25

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

707,995,617.78

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

10839

Total number of
cards issued to Banks by Current Bank

560

Total number of
Unsynchronized cards by Current Bank

22

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

43

Total number of
reconciled Accounts

13

Expected COT
charges For Current Bank

644,657.73

Actual COT
charges By Current Bank

644,664.83

Expected
interest Charges By Current Bank

801,423.10

Actual interest
Charges By Current Bank

801,410.22

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

42

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:  DECEMBER
2010

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

1.27

42%

2

Value of monthly
collection

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

3

0.21

7%

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

1.74

58%

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

0.67

22%

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

9.25

46%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

130

No of branches
issuing instant receipts

55

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

1,193,267,655.44

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

3551

Total number of
cards issued to Banks by Current Bank

817

Total number of
Unsynchronized cards by Current Bank

342

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

27

Total number of
reconciled Accounts

6

Expected COT
charges For Current Bank

1,006,275.98

Actual COT
charges By Current Bank

986,173.18

Expected
interest Charges By Current Bank

1,340,036.32

Actual interest
Charges By Current Bank

445,120.68

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

78

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:  DECEMBER
2010

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

0.59

20%

2

Value of monthly
collection

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

3

0.28

9%

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

0.66

22%

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

0.60

60%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.00

0%

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

7.16

36%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

87

No of branches
issuing instant receipts

17

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

1,594,878,949.02

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

2345

Total number of
cards issued to Banks by Current Bank

1514

Total number of
Unsynchronized cards by Current Bank

1182

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

3

Total number of
all Accounts  For Current Bank

17

Total number of
reconciled Accounts

Expected COT
charges For Current Bank

965,000.00

Actual COT
charges By Current Bank

853,500.00

Expected
interest Charges By Current Bank

975,730.08

Actual interest
Charges By Current Bank

2,217,915.14

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

10

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

Bank Monthly Assessment

BANK:  UNITY BANK PLC                                                                                       PERIOD:  DECEMBER
2010

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

1.97

66%

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

1.16

39%

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

1.36

45%

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

1.89

95%

Total

20

10.39

52%

UNITY BANK PLC

Data

No of State
Branches of current Bank

32

No of branches
issuing instant receipts

21

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

77,453,338.19

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

228

Total number of
cards issued to Banks by Current Bank

158

Total number of
Unsynchronized cards by Current Bank

97

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

11

Total number of
reconciled Accounts

5

Expected COT
charges For Current Bank

69,000.00

Actual COT
charges By Current Bank

69,000.00

Expected
interest Charges By Current Bank

44,384.34

Actual interest
Charges By Current Bank

94,043.50

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

12

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

Bank Monthly Assessment

BANK:  WEMA BANK PLC.                                                                                      PERIOD:  DECEMBER
2010

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

0.02

1%

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

2.27

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

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

1.99

100%

Total

20

12.53

63%

WEMA BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

36

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

127,036,939.57

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

2819

Total number of
cards issued to Banks by Current Bank

329

Total number of
Unsynchronized cards by Current Bank

80

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

15

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

143,000.00

Actual COT
charges By Current Bank

143,000.00

Expected
interest Charges By Current Bank

119,853.06

Actual interest
Charges By Current Bank

239,895.21

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

10

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

Bank Monthly Assessment

BANK:  ZENITH BANK PLC                                                                                     PERIOD:  DECEMBER
2010

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

0.36

12%

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

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

1.78

59%

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

0.16

16%

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

11.14

56%

ZENITH BANK PLC

Data

No of State
Branches of current Bank

120

No of branches
issuing instant receipts

96

Total Monthly Collection from all banks

17,242,969,072.14

Total Monthly Collection from Current
bank

2,041,841,863.95

Total Number of Transactions From All
Banks

105081

Total Number of Transactions From Current
Bank

4835

Total number of
cards issued to Banks by Current Bank

612

Total number of
Unsynchronized cards by Current Bank

336

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

37

Total number of
reconciled Accounts

22

Expected COT charges
For Current Bank

1,796,336.71

Actual COT
charges By Current Bank

1,796,338.65

Expected
interest Charges By Current Bank

1,188,041.10

Actual interest
Charges By Current Bank

184,224.11

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

9

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