Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  DECEMBER
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

0.06

2%

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

2.79

93%

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

1.68

56%

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

12.23

61%

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

19,530,171,173.98

Total Monthly Collection from Current
bank

401,046,370.25

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

3368

Total number of
cards issued to Banks by Current Bank

470

Total number of
Unsynchronized cards by Current Bank

33

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

19

Total number of
all Accounts  For Current Bank

25

Total number of
reconciled Accounts

14

Expected COT
charges For Current Bank

360,798.69

Actual COT
charges By Current Bank

360,802.90

Expected
interest Charges By Current Bank

620,369.10

Actual interest
Charges By Current Bank

659,584.10

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:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  DECEMBER
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

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

0.01

1%

4

Unsynchronized
cards

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

3

2.40

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

2.67

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

1.98

99%

Total

20

11.89

59%

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

19,530,171,173.98

Total Monthly Collection from Current
bank

529,214,272.99

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

191

Total number of
cards issued to Banks by Current Bank

20

Total number of
Unsynchronized cards by Current Bank

4

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

9

Total number of
reconciled Accounts

8

Expected COT
charges For Current Bank

521,205.11

Actual COT
charges By Current Bank

521,205.11

Expected
interest Charges By Current Bank

758,755.79

Actual interest
Charges By Current Bank

758,755.79

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:  DIAMOND BANK PLC                                                                                PERIOD:  DECEMBER
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

2.39

80%

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

0.01

1%

4

Unsynchronized
cards

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

3

0.60

20%

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

2.36

79%

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

1.71

86%

Total

20

11.10

56%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

55

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

184,720,928.48

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

249

Total number of
cards issued to Banks by Current Bank

584

Total number of
Unsynchronized cards by Current Bank

467

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

14

Total number of
reconciled Accounts

11

Expected COT
charges For Current Bank

97,500.00

Actual COT
charges By Current Bank

97,500.00

Expected
interest Charges By Current Bank

134,789.89

Actual interest
Charges By Current Bank

135,155.37

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

36

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
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

2.09

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

0.06

3%

4

Unsynchronized
cards

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

3

1.66

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

2.10

70%

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

1.99

100%

Total

20

11.42

57%

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

19,530,171,173.98

Total Monthly Collection from Current
bank

149,974,503.49

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

2083

Total number of
cards issued to Banks by Current Bank

350

Total number of
Unsynchronized cards by Current Bank

156

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

7

Expected COT
charges For Current Bank

115,900.00

Actual COT
charges By Current Bank

115,900.00

Expected
interest Charges By Current Bank

790,827.91

Actual interest
Charges By Current Bank

790,779.41

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

9

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

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  DECEMBER
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

1.25

42%

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

0.01

1%

4

Unsynchronized
cards

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

3

2.04

68%

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

1.24

41%

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

10.57

53%

ENTERPRISE BANK LIMITED

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

23

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

185,269,080.23

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

310

Total number of
cards issued to Banks by Current Bank

226

Total number of
Unsynchronized cards by Current Bank

72

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

17

Total number of
reconciled Accounts

7

Expected COT
charges For Current Bank

69,300.00

Actual COT
charges By Current Bank

69,300.00

Expected
interest Charges By Current Bank

576,628.74

Actual interest
Charges By Current Bank

576,628.74

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

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
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

0.79

26%

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

2.09

70%

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

0.00

0%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.75

25%

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

0.00

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

7.65

38%

EQUITORIAL TRUST BANK PLC

Data

No of State
Branches of current Bank

38

No of branches
issuing instant receipts

10

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

137,802,215.07

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

132

Total number of
cards issued to Banks by Current Bank

99

Total number of
Unsynchronized cards by Current Bank

30

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

Total number of
all Accounts  For Current Bank

36

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

103,511.35

Actual COT
charges By Current Bank

103,511.35

Expected
interest Charges By Current Bank

297,018.10

Actual interest
Charges By Current Bank

297,018.10

Number of
instructions From AG (Inter Bank Tranfer)

2

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:  FIRST BANK OF NIGERIA PLC                                                                                       PERIOD:  DECEMBER
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

2.56

85%

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

0.17

9%

4

Unsynchronized
cards

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

3

2.44

81%

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

2.55

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

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

13.25

66%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

108

No of branches
issuing instant receipts

92

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

1,451,309,574.11

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

5445

Total number of
cards issued to Banks by Current Bank

343

Total number of
Unsynchronized cards by Current Bank

64

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

20

Total number of
reconciled Accounts

17

Expected COT
charges For Current Bank

839,675.57

Actual COT
charges By Current Bank

836,784.54

Expected
interest Charges By Current Bank

1,894,092.83

Actual interest
Charges By Current Bank

631,346.96

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:  FIRST CITY MONUMENT BANK PLC                                                                                       PERIOD:  DECEMBER
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

0.10

3%

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

2.62

87%

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

2.35

78%

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

13.42

67%

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

19,530,171,173.98

Total Monthly Collection from Current
bank

654,857,234.55

Total Number of Transactions From All Banks

64277

Total Number of Transactions From Current
Bank

1266

Total number of
cards issued to Banks by Current Bank

226

Total number of
Unsynchronized cards by Current Bank

29

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

23

Total number of
reconciled Accounts

18

Expected COT
charges For Current Bank

822,873.04

Actual COT
charges By Current Bank

822,873.04

Expected interest
Charges By Current Bank

217,823.92

Actual interest
Charges By Current Bank

226,985.08

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

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:  Fidelity Bank Plc.                                                                                 PERIOD:  DECEMBER
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

0.12

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.13

7%

4

Unsynchronized
cards

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

3

2.27

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

0.85

85%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.45

82%

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

13.29

66%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

58

No of branches
issuing instant receipts

48

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

787,916,238.09

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

4318

Total number of
cards issued to Banks by Current Bank

241

Total number of
Unsynchronized cards by Current Bank

59

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

17

Total number of
all Accounts  For Current Bank

22

Total number of
reconciled Accounts

18

Expected COT
charges For Current Bank

369,943.82

Actual COT
charges By Current Bank

368,960.64

Expected
interest Charges By Current Bank

685,173.74

Actual interest
Charges By Current Bank

685,173.75

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.

Bank Monthly Assessment

BANK:  FirstInland Bank PLC                                                                                    PERIOD:  DECEMBER
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

0.15

5%

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

0.01

1%

4

Unsynchronized
cards

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

3

1.07

36%

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

0.18

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

1.28

64%

Total

20

6.72

34%

FirstInland Bank PLC

Data

No of State
Branches of current Bank

41

No of branches
issuing instant receipts

2

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

165,191,101.89

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

345

Total number of
cards issued to Banks by Current Bank

264

Total number of
Unsynchronized cards by Current Bank

170

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

17

Total number of
reconciled Accounts

1

Expected COT
charges For Current Bank

112,866.76

Actual COT
charges By Current Bank

74,337.30

Expected
interest Charges By Current Bank

269,843.85

Actual interest
Charges By Current Bank

291,294.85

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

124

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
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

1.97

66%

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

0.09

5%

4

Unsynchronized
cards

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

3

1.53

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

1.98

66%

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

11.53

58%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

46

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

468,954,827.41

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

2824

Total number of
cards issued to Banks by Current Bank

184

Total number of
Unsynchronized cards by Current Bank

90

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

33

Expected COT
charges For Current Bank

2,945,653.64

Actual COT
charges By Current Bank

2,945,653.64

Expected
interest Charges By Current Bank

4,880,956.34

Actual interest
Charges By Current Bank

4,880,654.88

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

156

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
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

0.21

7%

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

2.07

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

0.80

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

2.37

79%

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

12.87

64%

INTERCONTINENTAL BANK PLC

Data

No of State
Branches of current Bank

101

No of branches
issuing instant receipts

80

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

1,376,997,563.44

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

1296

Total number of
cards issued to Banks by Current Bank

551

Total number of
Unsynchronized cards by Current Bank

171

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

16

Total number of
all Accounts  For Current Bank

19

Total number of
reconciled Accounts

15

Expected COT
charges For Current Bank

735,768.46

Actual COT
charges By Current Bank

735,787.38

Expected
interest Charges By Current Bank

1,262,288.82

Actual interest
Charges By Current Bank

1,262,195.45

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:  KEYSTONE BANK LIMITED                                                                                PERIOD:  DECEMBER
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

1.17

39%

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

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

0.25

25%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.15

38%

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

1.13

57%

Total

20

8.72

44%

KEYSTONE BANK LIMITED

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

23

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

385,284,678.36

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

182

Total number of
cards issued to Banks by Current Bank

155

Total number of
Unsynchronized cards by Current Bank

54

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

5

Total number of
all Accounts  For Current Bank

13

Total number of
reconciled Accounts

5

Expected COT
charges For Current Bank

220,511.91

Actual COT
charges By Current Bank

220,511.91

Expected
interest Charges By Current Bank

183,276.43

Actual interest
Charges By Current Bank

183,267.10

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

79

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

Bank Monthly Assessment

BANK:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  DECEMBER
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

2.55

85%

2

Value of monthly
collection

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

3

0.09

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

2.94

98%

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

0.99

99%

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

14.00

70%

MAINSTREET BANK LIMITED

Data

No of State
Branches of current Bank

40

No of branches
issuing instant receipts

34

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

578,368,473.82

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

1646

Total number of
cards issued to Banks by Current Bank

268

Total number of
Unsynchronized cards by Current Bank

5

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

12

Expected COT
charges For Current Bank

305,200.00

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

364,842.78

Actual interest
Charges By Current Bank

362,044.30

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

19

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
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

0.10

3%

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

2.97

99%

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

2.88

96%

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

14.83

74%

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

19,530,171,173.98

Total Monthly Collection from Current
bank

663,914,059.96

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

3505

Total number of
cards issued to Banks by Current Bank

460

Total number of
Unsynchronized cards by Current Bank

5

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

16

Total number of
all Accounts  For Current Bank

26

Total number of
reconciled Accounts

25

Expected COT
charges For Current Bank

638,793.66

Actual COT
charges By Current Bank

638,793.66

Expected
interest Charges By Current Bank

241,113.21

Actual interest
Charges By Current Bank

241,148.52

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

50

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
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

2.87

96%

2

Value of monthly
collection

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

3

0.33

11%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.34

17%

4

Unsynchronized
cards

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

3

2.98

99%

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

2.84

95%

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

15.36

77%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

64

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

2,158,577,075.32

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

11052

Total number of
cards issued to Banks by Current Bank

339

Total number of
Unsynchronized cards by Current Bank

2

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

56

Total number of
reconciled Accounts

53

Expected COT
charges For Current Bank

6,828,345.84

Actual COT
charges By Current Bank

6,828,345.84

Expected
interest Charges By Current Bank

6,901,996.23

Actual interest
Charges By Current Bank

6,889,996.81

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

22

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
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

1.70

57%

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

0.02

1%

4

Unsynchronized
cards

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

3

1.12

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

1.69

56%

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

10.47

52%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

46

No of branches
issuing instant receipts

26

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

309,708,671.63

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

581

Total number of
cards issued to Banks by Current Bank

158

Total number of
Unsynchronized cards by Current Bank

99

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

16

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

160,583.23

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

233,065.04

Actual interest
Charges By Current Bank

233,065.04

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:  Sterling Bank Plc                                                                                 PERIOD:  DECEMBER
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

2.27

76%

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

0.31

16%

4

Unsynchronized
cards

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

3

2.99

100%

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

2.24

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

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

1.96

98%

Total

20

13.93

70%

Sterling Bank Plc

Data

No of State
Branches of current Bank

49

No of branches
issuing instant receipts

37

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

1,028,312,476.81

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

9908

Total number of
cards issued to Banks by Current Bank

599

Total number of
Unsynchronized cards by Current Bank

1

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

51

Total number of
reconciled Accounts

38

Expected COT
charges For Current Bank

587,273.82

Actual COT
charges By Current Bank

583,573.31

Expected
interest Charges By Current Bank

432,777.06

Actual interest
Charges By Current Bank

434,234.58

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

203

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
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

1.44

48%

2

Value of monthly
collection

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

3

0.33

11%

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

1.60

53%

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

1.43

48%

7

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

Expected
charges/ Actual charges

1

0.97

97%

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

10.88

54%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

125

No of branches
issuing instant receipts

60

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

2,135,615,724.02

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

3376

Total number of
cards issued to Banks by Current Bank

624

Total number of
Unsynchronized cards by Current Bank

291

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

23

Total number of
reconciled Accounts

11

Expected COT
charges For Current Bank

1,959,585.42

Actual COT
charges By Current Bank

2,011,006.94

Expected
interest Charges By Current Bank

1,752,210.42

Actual interest Charges
By Current Bank

1,775,479.13

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

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
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

1.90

63%

2

Value of monthly
collection

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

3

0.44

15%

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

2.18

73%

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

1.88

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

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

0.75

75%

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

12.24

61%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

87

No of branches
issuing instant receipts

55

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

2,840,236,356.63

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

3084

Total number of
cards issued to Banks by Current Bank

560

Total number of
Unsynchronized cards by Current Bank

154

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

16

Total number of
reconciled Accounts

10

Expected COT
charges For Current Bank

2,453,900.00

Actual COT
charges By Current Bank

2,453,900.00

Expected
interest Charges By Current Bank

2,502,333.39

Actual interest
Charges By Current Bank

2,502,333.39

Number of
instructions From AG (Inter Bank Tranfer)

4

Number of
compliance within 48 hours (Inter Bank Tranfer)

3

Total Number of Reversal due to Error

11

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
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

0.94

31%

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

1.04

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

0.00

0%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.30

10%

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

5.31

27%

UNITY BANK PLC

Data

No of State
Branches of current Bank

32

No of branches
issuing instant receipts

10

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

130,576,803.65

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

200

Total number of
cards issued to Banks by Current Bank

187

Total number of
Unsynchronized cards by Current Bank

122

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

Total number of
all Accounts  For Current Bank

10

Total number of
reconciled Accounts

1

Expected COT
charges For Current Bank

76,300.00

Actual COT
charges By Current Bank

76,300.00

Expected
interest Charges By Current Bank

107,434.31

Actual interest
Charges By Current Bank

Number of
instructions From AG (Inter Bank Tranfer)

2

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:  DECEMBER
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

1.60

53%

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

2.25

75%

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

0.00

0%

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

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

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

9.56

48%

WEMA BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

24

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

186,428,172.21

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

3155

Total number of
cards issued to Banks by Current Bank

288

Total number of
Unsynchronized cards by Current Bank

72

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

Total number of
all Accounts  For Current Bank

19

Total number of
reconciled Accounts

10

Expected COT
charges For Current Bank

87,500.00

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

448,616.19

Actual interest
Charges By Current Bank

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

3

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
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

2.55

85%

2

Value of monthly
collection

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

3

0.39

13%

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

2.64

88%

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

0.70

70%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.55

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

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

1.99

100%

Total

20

13.90

70%

ZENITH BANK PLC

Data

No of State
Branches of current Bank

120

No of branches
issuing instant receipts

102

Total Monthly Collection from all banks

19,530,171,173.98

Total Monthly Collection from Current
bank

2,529,608,996.55

Total Number of Transactions From All
Banks

64277

Total Number of Transactions From Current
Bank

5761

Total number of
cards issued to Banks by Current Bank

897

Total number of
Unsynchronized cards by Current Bank

107

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

14

Total number of
all Accounts  For Current Bank

33

Total number of
reconciled Accounts

28

Expected COT
charges For Current Bank

8,122,551.30

Actual COT
charges By Current Bank

8,122,756.22

Expected
interest Charges By Current Bank

1,947,872.72

Actual interest
Charges By Current Bank

1,759,847.75

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.