Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  FEBRUARY
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

2.13

71%

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

0.09

5%

4

Unsynchronized
cards

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

3

2.36

79%

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

1.50

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

12.11

61%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

32

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

462,503,247.49

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

2922

Total number of
cards issued to Banks by Current Bank

592

Total number of
Unsynchronized cards by Current Bank

127

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

26

Total number of
reconciled Accounts

13

Expected COT
charges For Current Bank

3,208,730.14

Actual COT
charges By Current Bank

3,208,728.14

Expected
interest Charges By Current Bank

1,991,942.91

Actual interest
Charges By Current Bank

1,991,942.90

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

11

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

Bank Monthly Assessment

BANK:  Afribank Nigeria Plc                                                                                       PERIOD:  FEBRUARY
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

2.25

75%

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

0.04

2%

4

Unsynchronized
cards

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

3

2.37

79%

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

1.62

54%

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

11.31

57%

Afribank Nigeria Plc

Data

No of State
Branches of current Bank

40

No of branches
issuing instant receipts

30

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

167,309,179.34

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

1387

Total number of
cards issued to Banks by Current Bank

273

Total number of
Unsynchronized cards by Current Bank

57

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

4

Total number of
all Accounts  For Current Bank

13

Total number of
reconciled Accounts

7

Expected COT
charges For Current Bank

54,000.00

Actual COT
charges By Current Bank

54,000.00

Expected
interest Charges By Current Bank

382,668.59

Actual interest
Charges By Current Bank

382,672.96

Number of
instructions From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

3

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

Bank Monthly Assessment

BANK:  PlatinumHabib Bank Plc                                                                                PERIOD:  FEBRUARY
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

0.61

20%

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

1.82

61%

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

0.00

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

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

6.46

32%

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

16,058,875,596.74

Total Monthly Collection from Current
bank

93,022,241.57

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

198

Total number of
cards issued to Banks by Current Bank

185

Total number of
Unsynchronized cards by Current Bank

73

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

Total number of
all Accounts  For Current Bank

12

Total number of
reconciled Accounts

Expected COT
charges For Current Bank

319,811.90

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

186,221.50

Actual interest
Charges By Current Bank

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:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  FEBRUARY
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

0.01

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

0.75

25%

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

3.00

100%

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

1.81

91%

Total

20

12.57

63%

CITIBANK NIGERIA LIMITED

Data

No of State
Branches of current Bank

4

No of branches
issuing instant receipts

4

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

42,205,091.41

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

168

Total number of
cards issued to Banks by Current Bank

20

Total number of
Unsynchronized cards by Current Bank

15

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

4

Total number of
all Accounts  For Current Bank

9

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

558,000.00

Actual COT charges
By Current Bank

558,000.00

Expected
interest Charges By Current Bank

779,115.58

Actual interest
Charges By Current Bank

779,115.58

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

16

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

Bank Monthly Assessment

BANK:  DIAMOND BANK PLC                                                                                PERIOD:  FEBRUARY
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

1.91

64%

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

0.01

1%

4

Unsynchronized
cards

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

3

2.41

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

1.33

44%

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

1.85

93%

Total

20

11.02

55%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

44

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

67,240,537.92

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

177

Total number of
cards issued to Banks by Current Bank

875

Total number of
Unsynchronized cards by Current Bank

171

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

4

Total number of
all Accounts  For Current Bank

9

Total number of
reconciled Accounts

4

Expected COT
charges For Current Bank

70,000.00

Actual COT
charges By Current Bank

70,000.00

Expected
interest Charges By Current Bank

82,956.78

Actual interest
Charges By Current Bank

82,950.64

Number of
instructions From AG (Inter Bank Tranfer)

2

Number of
compliance within 48 hours (Inter Bank Tranfer)

1

Total Number of Reversal due to Error

13

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

Bank Monthly Assessment

BANK:  ECOBANK NIGERIA PLC                                                                                      PERIOD:  FEBRUARY
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

0.03

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

1.72

57%

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

0.67

67%

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

11.66

58%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

53

No of branches
issuing instant receipts

42

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

155,143,215.63

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

1862

Total number of
cards issued to Banks by Current Bank

386

Total number of
Unsynchronized cards by Current Bank

165

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

4

Total number of
all Accounts  For Current Bank

10

Total number of
reconciled Accounts

6

Expected COT
charges For Current Bank

118,114.12

Actual COT
charges By Current Bank

118,004.50

Expected
interest Charges By Current Bank

141,186.84

Actual interest
Charges By Current Bank

141,186.84

Number of
instructions From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

2

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:  EQUITORIAL TRUST BANK PLC                                                                                    PERIOD:  FEBRUARY
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

0.02

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

2.45

82%

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

0.75

75%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.51

84%

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

1.95

98%

Total

20

13.19

66%

EQUITORIAL TRUST BANK PLC

Data

No of State
Branches of current Bank

38

No of branches
issuing instant receipts

38

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

117,345,669.73

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

175

Total number of
cards issued to Banks by Current Bank

154

Total number of
Unsynchronized cards by Current Bank

28

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

3

Total number of
all Accounts  For Current Bank

37

Total number of
reconciled Accounts

31

Expected COT
charges For Current Bank

47,005.70

Actual COT
charges By Current Bank

47,005.70

Expected
interest Charges By Current Bank

87,540.52

Actual interest
Charges By Current Bank

175,161.32

Number of
instructions From AG (Inter Bank Tranfer)

2

Number of compliance
within 48 hours (Inter Bank Tranfer)

1

Total Number of Reversal due to Error

4

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:  FEBRUARY
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

0.27

9%

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

1.20

40%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

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

1.09

36%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

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

9.65

48%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

108

No of branches
issuing instant receipts

60

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

1,459,097,383.13

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

4422

Total number of
cards issued to Banks by Current Bank

903

Total number of
Unsynchronized cards by Current Bank

541

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

4

Total number of
all Accounts  For Current Bank

22

Total number of
reconciled Accounts

8

Expected COT
charges For Current Bank

576,847.70

Actual COT
charges By Current Bank

577,166.25

Expected
interest Charges By Current Bank

1,336,485.57

Actual interest
Charges By Current Bank

446,763.82

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

90

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:  FEBRUARY
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

2.66

89%

2

Value of monthly
collection

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

3

0.17

6%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.05

3%

4

Unsynchronized
cards

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

3

1.55

52%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.90

90%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.05

68%

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

12.37

62%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

44

No of branches
issuing instant receipts

39

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

919,120,235.45

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

1807

Total number of
cards issued to Banks by Current Bank

234

Total number of
Unsynchronized cards by Current Bank

113

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

18

Total number of
all Accounts  For Current Bank

22

Total number of
reconciled Accounts

15

Expected COT
charges For Current Bank

156,787.23

Actual COT
charges By Current Bank

155,790.72

Expected
interest Charges By Current Bank

533,054.10

Actual interest
Charges By Current Bank

533,054.17

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:  Fidelity Bank Plc.                                                                                 PERIOD:  FEBRUARY
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

2.02

67%

2

Value of monthly
collection

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

3

0.17

6%

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

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

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

1.43

48%

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

10.26

51%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

58

No of branches
issuing instant receipts

39

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

928,060,684.88

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

6908

Total number of
cards issued to Banks by Current Bank

819

Total number of
Unsynchronized cards by Current Bank

654

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

23

Total number of
reconciled Accounts

11

Expected COT
charges For Current Bank

512,810.16

Actual COT
charges By Current Bank

513,098.21

Expected
interest Charges By Current Bank

471,490.26

Actual interest
Charges By Current Bank

471,534.55

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

29

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

Bank Monthly Assessment

BANK:  FirstInland Bank PLC                                                                                    PERIOD:  FEBRUARY
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

0.95

32%

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

0.05

2%

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

0.35

12%

7

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

Expected
charges/ Actual charges

1

0.72

72%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

2.00

100%

Total

20

6.84

34%

FirstInland Bank PLC

Data

No of State
Branches of current Bank

41

No of branches
issuing instant receipts

13

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

269,588,099.30

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

554

Total number of
cards issued to Banks by Current Bank

497

Total number of
Unsynchronized cards by Current Bank

489

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

17

Total number of
reconciled Accounts

2

Expected COT
charges For Current Bank

123,801.31

Actual COT
charges By Current Bank

172,413.21

Expected
interest Charges By Current Bank

236,371.04

Actual interest
Charges By Current Bank

275,837.66

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:  GUARANTY TRUST BANK PLC.                                                                                     PERIOD:  FEBRUARY
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

2.96

99%

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

0.07

4%

4

Unsynchronized
cards

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

3

1.39

46%

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

0.35

35%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.38

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

1.98

99%

Total

20

12.21

61%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

69

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

428,779,229.41

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

2296

Total number of
cards issued to Banks by Current Bank

448

Total number of
Unsynchronized cards by Current Bank

241

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

7

Total number of
all Accounts  For Current Bank

48

Total number of
reconciled Accounts

38

Expected COT
charges For Current Bank

498,363.89

Actual COT
charges By Current Bank

498,363.89

Expected
interest Charges By Current Bank

375,171.86

Actual interest
Charges By Current Bank

441,091.74

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

23

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

Bank Monthly Assessment

BANK:  INTERCONTINENTAL BANK PLC                                                                                 PERIOD:  FEBRUARY
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

1.40

47%

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

0.04

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

0.90

90%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.79

26%

7

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

Expected
charges/ Actual charges

1

0.81

81%

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

1.83

92%

Total

20

10.48

52%

INTERCONTINENTAL BANK PLC

Data

No of State
Branches of current Bank

101

No of branches
issuing instant receipts

47

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

492,590,917.01

Total Number of Transactions From All Banks

67477

Total Number of Transactions From Current
Bank

1483

Total number of
cards issued to Banks by Current Bank

430

Total number of
Unsynchronized cards by Current Bank

55

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

18

Total number of
all Accounts  For Current Bank

34

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

1,141,871.43

Actual COT
charges By Current Bank

1,412,001.67

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

129

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:  FEBRUARY
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

1.85

62%

2

Value of monthly
collection

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

3

0.56

19%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.12

6%

4

Unsynchronized
cards

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

3

2.64

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

0.45

45%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.27

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

0.95

95%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

1.97

99%

Total

20

11.81

59%

Oceanic Bank International Nig. Plc

Data

No of State
Branches of current Bank

104

No of branches
issuing instant receipts

64

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

2,979,328,791.13

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

4019

Total number of
cards issued to Banks by Current Bank

463

Total number of
Unsynchronized cards by Current Bank

56

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

11

Expected COT
charges For Current Bank

2,505,423.93

Actual COT
charges By Current Bank

2,505,423.93

Expected
interest Charges By Current Bank

699,565.10

Actual interest
Charges By Current Bank

667,473.83

Number of instructions
From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

52

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

Bank Monthly Assessment

BANK:  SKYE BANK PLC                                                                                         PERIOD:  FEBRUARY
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

2.96

99%

2

Value of monthly
collection

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

3

0.41

14%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.42

21%

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

2.31

77%

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

15.02

75%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

66

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

2,173,960,464.15

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

14015

Total number of
cards issued to Banks by Current Bank

541

Total number of
Unsynchronized cards by Current Bank

11

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

61

Total number of
reconciled Accounts

47

Expected COT
charges For Current Bank

2,424,713.69

Actual COT
charges By Current Bank

2,425,727.46

Expected
interest Charges By Current Bank

5,407,215.55

Actual interest
Charges By Current Bank

5,501,085.55

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

150

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

Bank Monthly Assessment

BANK:  SPRING BANK PLC                                                                                     PERIOD:  FEBRUARY
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

0.01

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

1.79

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

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

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

1.93

97%

Total

20

10.98

55%

SPRING BANK PLC

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

47

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

74,994,065.23

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

134

Total number of
cards issued to Banks by Current Bank

241

Total number of
Unsynchronized cards by Current Bank

97

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

4

Total number of
all Accounts  For Current Bank

16

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

98,750.52

Actual interest
Charges By Current Bank

157,501.05

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

5

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:  FEBRUARY
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

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

3

2.54

85%

2

Value of monthly
collection

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

3

0.03

1%

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

1.93

64%

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

1.94

65%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.90

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

1.98

99%

Total

20

12.29

61%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

46

No of branches
issuing instant receipts

39

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

176,360,928.24

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

692

Total number of
cards issued to Banks by Current Bank

404

Total number of
Unsynchronized cards by Current Bank

144

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

17

Total number of
reconciled Accounts

11

Expected COT
charges For Current Bank

281,066.25

Actual COT
charges By Current Bank

281,066.25

Expected
interest Charges By Current Bank

426,987.19

Actual interest
Charges By Current Bank

384,279.86

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

8

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

Bank Monthly Assessment

BANK:  Sterling Bank Plc                                                                                 PERIOD:  FEBRUARY
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

0.13

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.28

14%

4

Unsynchronized
cards

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

3

2.57

86%

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

1.64

55%

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

12.88

64%

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

16,058,875,596.74

Total Monthly Collection from Current
bank

703,892,187.81

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

9506

Total number of
cards issued to Banks by Current Bank

343

Total number of
Unsynchronized cards by Current Bank

49

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

53

Total number of
reconciled Accounts

29

Expected COT
charges For Current Bank

543,161.18

Actual COT
charges By Current Bank

543,167.18

Expected
interest Charges By Current Bank

707,144.11

Actual interest
Charges By Current Bank

707,130.64

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

54

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:  FEBRUARY
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

1.87

62%

2

Value of monthly
collection

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

3

0.15

5%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.08

4%

4

Unsynchronized
cards

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

3

2.20

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

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

1.27

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

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

10.73

54%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

125

No of branches
issuing instant receipts

78

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

786,905,467.83

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

2789

Total number of
cards issued to Banks by Current Bank

649

Total number of
Unsynchronized cards by Current Bank

172

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

33

Total number of
reconciled Accounts

14

Expected COT
charges For Current Bank

777,967.18

Actual COT
charges By Current Bank

743,259.11

Expected
interest Charges By Current Bank

1,016,985.51

Actual interest
Charges By Current Bank

338,985.86

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

27

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:  FBRUARY  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

0.59

20%

2

Value of monthly
collection

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

3

0.19

6%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.08

4%

4

Unsynchronized
cards

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

3

0.47

16%

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

0.20

20%

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

0.25

25%

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

5.78

29%

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

16,058,875,596.74

Total Monthly Collection from Current
bank

1,005,112,181.37

Total Number of Transactions From All Banks

67477

Total Number of Transactions From Current
Bank

2552

Total number of
cards issued to Banks by Current Bank

1373

Total number of
Unsynchronized cards by Current Bank

1160

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

4

Total number of
all Accounts  For Current Bank

18

Total number of
reconciled Accounts

Expected COT
charges For Current Bank

2,062,000.00

Actual COT
charges By Current Bank

2,062,000.00

Expected interest
Charges By Current Bank

1,773,643.42

Actual interest
Charges By Current Bank

3,547,286.84

Number of
instructions From AG (Inter Bank Tranfer)

4

Number of
compliance within 48 hours (Inter Bank Tranfer)

1

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:  UNITY BANK PLC                                                                                       PERIOD:  FEBRUARY
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

1.41

47%

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

0.33

11%

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

0.82

27%

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

0.25

25%

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

1.87

94%

Total

20

6.70

34%

UNITY BANK PLC

Data

No of State
Branches of current Bank

32

No of branches
issuing instant receipts

15

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

96,255,872.51

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

167

Total number of
cards issued to Banks by Current Bank

119

Total number of
Unsynchronized cards by Current Bank

106

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

4

Total number of
all Accounts  For Current Bank

11

Total number of
reconciled Accounts

3

Expected COT charges
For Current Bank

7,000.00

Actual COT
charges By Current Bank

7,000.00

Expected
interest Charges By Current Bank

144,649.95

Actual interest
Charges By Current Bank

35,849.43

Number of
instructions From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

11

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

Bank Monthly Assessment

BANK:  WEMA BANK PLC.                                                                                      PERIOD:  FEBRUARY
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

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

3

3.00

100%

2

Value of monthly
collection

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

3

0.03

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.10

5%

4

Unsynchronized
cards

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

3

2.17

72%

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

2.80

93%

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

13.10

66%

WEMA BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches issuing
instant receipts

45

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

145,172,290.12

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

3477

Total number of
cards issued to Banks by Current Bank

316

Total number of
Unsynchronized cards by Current Bank

87

Total No of Expected Transfers (Both Rev
and Expenditure)

4

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

4

Total number of
all Accounts  For Current Bank

15

Total number of
reconciled Accounts

14

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

240,339.31

Actual interest
Charges By Current Bank

474,994.37

Number of
instructions From AG (Inter Bank Tranfer)

1

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:  ZENITH BANK PLC                                                                                     PERIOD:  FEBRUARY
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

0.29

10%

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

1.69

56%

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

2.64

88%

7

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

Expected
charges/ Actual charges

1

0.95

95%

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

1.99

100%

Total

20

12.89

64%

ZENITH BANK PLC

Data

No of State
Branches of current Bank

120

No of branches
issuing instant receipts

120

Total Monthly Collection from all banks

16,058,875,596.74

Total Monthly Collection from Current
bank

1,531,968,147.86

Total Number of Transactions From All
Banks

67477

Total Number of Transactions From Current
Bank

5767

Total number of
cards issued to Banks by Current Bank

542

Total number of
Unsynchronized cards by Current Bank

236

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

33

Total number of
reconciled Accounts

29

Expected COT
charges For Current Bank

1,666,286.51

Actual COT
charges By Current Bank

1,749,603.38

Expected
interest Charges By Current Bank

988,367.75

Actual interest
Charges By Current Bank

156,141.21

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

25

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