Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.80

80%

2

Value of monthly
collection

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

3

0.10

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.08

4%

4

Unsynchronized
cards

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

3

2.16

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

0.84

28%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual interest/Expected
interest

1

1.00

100%

10

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%

11

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

9.97

50%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

82

No of branches
issuing instant receipts

66

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

663,984,877.51

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

4237

Total number of
cards issued to Banks by Current Bank

713

Total number of
Unsynchronized cards by Current Bank

200

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

32

Total number of
reconciled Accounts

9

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

766,705.24

Actual interest
Charges By Current Bank

764,307.88

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

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:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.50

50%

2

Value of monthly
collection

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

3

0.08

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

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

3

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

1.33

44%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.96

96%

10

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%

11

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%

CITIBANK NIGERIA LIMITED

Data

No of State
Branches of current Bank

4

No of branches
issuing instant receipts

2

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

526,345,253.20

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

215

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

4

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

655,950.69

Actual COT
charges By Current Bank

644,958.69

Expected
interest Charges By Current Bank

652,815.54

Actual interest
Charges By Current Bank

626,171.40

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

1

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

Bank Monthly Assessment

BANK:  DIAMOND BANK PLC                                                                                PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

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

0.62

21%

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

1.85

62%

7

Balancing of PAYE
and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual interest/Expected
interest

1

1.00

100%

10

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%

11

Reversal of
Collection

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

2

1.98

99%

Total

20

9.38

47%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

69

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

115,468,477.31

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

274

Total number of
cards issued to Banks by Current Bank

369

Total number of
Unsynchronized cards by Current Bank

293

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

13

Total number of
reconciled Accounts

8

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

155,800.00

Actual COT
charges By Current Bank

155,800.00

Expected
interest Charges By Current Bank

93,003.60

Actual interest
Charges By Current Bank

92,742.64

Number of
instructions From AG (Inter Bank Transfer)

3

Number of
compliance within 48 hours (Inter Bank transfer)

3

Total Number of Reversal due to Error

3

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

Bank Monthly Assessment

BANK:  ECOBANK NIGERIA PLC                                                                                      PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

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

0.03

2%

4

Unsynchronized
cards

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

3

1.26

42%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.90

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

0.30

10%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.00

0%

10

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%

11

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

7.51

38%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

53

No of branches
issuing instant receipts

53

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

414,706,875.45

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

1670

Total number of
cards issued to Banks by Current Bank

774

Total number of
Unsynchronized cards by Current Bank

448

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

10

Total number of
reconciled Accounts

1

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

231,005.90

Actual COT
charges By Current Bank

231,057.20

Expected
interest Charges By Current Bank

1,397,375.98

Actual interest
Charges By Current Bank

Number of
instructions From AG (Inter Bank Transfer)

3

Number of
compliance within 48 hours (Inter Bank transfer)

3

Total Number of Reversal due to Error

30

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

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

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

0.01

1%

4

Unsynchronized
cards

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

3

1.49

50%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

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

1.94

65%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

9.29

46%

ENTERPRISE BANK LIMITED

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

55

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

214,584,649.88

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

259

Total number of
cards issued to Banks by Current Bank

207

Total number of
Unsynchronized cards by Current Bank

104

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

17

Total number of
reconciled Accounts

11

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

7,800.00

Actual COT
charges By Current Bank

7,800.00

Expected
interest Charges By Current Bank

360,384.12

Actual interest
Charges By Current Bank

360,384.12

Number of
instructions From AG (Inter Bank Transfer)

3

Number of
compliance within 48 hours (Inter Bank transfer)

2

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:  FIRST BANK OF NIGERIA PLC                                                                                       PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

2

Value of monthly
collection

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

3

0.46

15%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.21

11%

4

Unsynchronized
cards

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

3

2.42

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

1.64

55%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

11.7

59%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

108

No of branches
issuing instant receipts

108

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

3,028,553,672.49

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

10577

Total number of
cards issued to Banks by Current Bank

365

Total number of
Unsynchronized cards by Current Bank

70

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

22

Total number of
reconciled Accounts

12

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

267,536.28

Actual COT
charges By Current Bank

267,536.28

Expected
interest Charges By Current Bank

3,784,033.75

Actual interest
Charges By Current Bank

3,771,505.99

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

134

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:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

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

0.04

2%

4

Unsynchronized
cards

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

3

2.02

67%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

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

2.50

83%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

11.69

58%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

44

No of branches
issuing instant receipts

44

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

967,620,787.29

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

1856

Total number of
cards issued to Banks by Current Bank

233

Total number of
Unsynchronized cards by Current Bank

76

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

24

Total number of
reconciled Accounts

20

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

6,679,007.26

Actual COT
charges By Current Bank

6,679,007.26

Expected
interest Charges By Current Bank

1,882,751.17

Actual interest
Charges By Current Bank

1,877,453.15

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

21

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

Bank Monthly Assessment

BANK:  Fidelity Bank Plc.                                                                                 PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

2

Value of monthly
collection

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

3

0.11

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.17

9%

4

Unsynchronized
cards

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

3

2.46

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

1.83

61%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

12.3

62%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

58

No of branches
issuing instant receipts

58

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

736,487,657.03

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

8786

Total number of
cards issued to Banks by Current Bank

196

Total number of
Unsynchronized cards by Current Bank

35

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

15

Total number of
all Accounts  For Current Bank

23

Total number of
reconciled Accounts

14

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

606,802.24

Actual COT charges
By Current Bank

606,802.24

Expected
interest Charges By Current Bank

879,929.05

Actual interest
Charges By Current Bank

877,763.40

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

80

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

Bank Monthly Assessment

BANK:  FirstInland Bank PLC                                                                                    PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.80

80%

2

Value of monthly
collection

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

3

0.02

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

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

3

2.36

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

0.70

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

0.75

25%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

Reversal of
Collection

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

2

1.86

93%

Total

20

9.5

48%

FirstInland Bank PLC

Data

No of State
Branches of current Bank

41

No of branches
issuing instant receipts

33

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

132,560,305.93

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

452

Total number of
cards issued to Banks by Current Bank

127

Total number of
Unsynchronized cards by Current Bank

27

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

16

Total number of
reconciled Accounts

4

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

228,856.68

Actual COT
charges By Current Bank

228,856.68

Expected
interest Charges By Current Bank

223,930.59

Actual interest
Charges By Current Bank

223,930.59

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

32

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

Bank Monthly Assessment

BANK:  GUARANTY TRUST BANK PLC.                                                                                     PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.80

80%

2

Value of monthly
collection

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

3

0.11

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.11

6%

4

Unsynchronized
cards

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

3

2.58

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

0.40

40%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.37

46%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

10.36

52%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

56

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

714,320,062.21

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

5472

Total number of
cards issued to Banks by Current Bank

336

Total number of
Unsynchronized cards by Current Bank

47

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

8

Total number of
all Accounts  For Current Bank

46

Total number of
reconciled Accounts

21

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

162,136.67

Actual COT
charges By Current Bank

162,886.67

Expected
interest Charges By Current Bank

254,603.98

Actual interest
Charges By Current Bank

254,603.94

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

26

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

Bank Monthly Assessment

BANK:  KEYSTONE BANK LIMITED                                                                                PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.80

80%

2

Value of monthly
collection

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

3

0.04

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

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

3

2.02

67%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.25

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

0.92

31%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

9

45%

KEYSTONE BANK LIMITED

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

47

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current bank

241,080,996.35

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

231

Total number of
cards issued to Banks by Current Bank

178

Total number of
Unsynchronized cards by Current Bank

58

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

4

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

147,163.00

Actual COT
charges By Current Bank

147,163.00

Expected
interest Charges By Current Bank

180,778.07

Actual interest
Charges By Current Bank

180,279.92

Number of
instructions From AG (Inter Bank Transfer)

Number of compliance
within 48 hours (Inter Bank transfer)

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:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

2

Value of monthly
collection

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

3

0.04

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.04

2%

4

Unsynchronized
cards

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

3

2.45

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

0.25

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

1.85

62%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.00

0%

10

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%

11

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

10.62

53%

MAINSTREET BANK LIMITED

Data

No of State
Branches of current Bank

40

No of branches
issuing instant receipts

40

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

274,322,705.13

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

2104

Total number of
cards issued to Banks by Current Bank

256

Total number of
Unsynchronized cards by Current Bank

47

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

8

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

108,602.10

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

203,554.63

Actual interest
Charges By Current Bank

Number of
instructions From AG (Inter Bank Transfer)

2

Number of
compliance within 48 hours (Inter Bank transfer)

2

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:  Oceanic Bank International Nig. Plc                                                                                      PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

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

0.07

4%

4

Unsynchronized
cards

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

3

2.38

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

1.50

50%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

10.98

55%

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

19,641,323,465.46

Total Monthly Collection from Current
bank

221,926,725.06

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

3721

Total number of
cards issued to Banks by Current Bank

48

Total number of
Unsynchronized cards by Current Bank

10

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

22

Total number of
reconciled Accounts

11

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

70,795.25

Actual COT
charges By Current Bank

70,797.25

Expected
interest Charges By Current Bank

134,392.85

Actual interest
Charges By Current Bank

134,301.56

Number of instructions
From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

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:  SKYE BANK PLC                                                                                         PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.81

81%

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

0.49

25%

4

Unsynchronized
cards

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

3

2.89

96%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.32

77%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

13.95

70%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

54

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

2,899,763,770.14

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

24858

Total number of
cards issued to Banks by Current Bank

342

Total number of
Unsynchronized cards by Current Bank

13

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

57

Total number of
reconciled Accounts

44

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

5,989,819.12

Actual COT
charges By Current Bank

5,989,819.12

Expected
interest Charges By Current Bank

4,372,697.38

Actual interest
Charges By Current Bank

4,360,419.06

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

14

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:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.82

82%

2

Value of monthly
collection

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

3

0.04

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.02

1%

4

Unsynchronized
cards

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

3

1.81

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

2.25

75%

7

Balancing of PAYE
and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

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

Expected
charges/ Actual charges

1

0.94

94%

9

Regular payments
of correct interest on collection and Call account

Actual interest/Expected
interest

1

1.00

100%

10

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%

11

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

11.86

59%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

65

No of branches
issuing instant receipts

53

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

294,211,201.79

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

866

Total number of
cards issued to Banks by Current Bank

161

Total number of
Unsynchronized cards by Current Bank

64

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

12

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

216,077.20

Actual COT
charges By Current Bank

228,981.07

Expected
interest Charges By Current Bank

312,134.78

Actual interest
Charges By Current Bank

312,134.78

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

7

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

Bank Monthly Assessment

BANK:  Sterling Bank Plc                                                                                 PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.80

80%

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

0.23

12%

4

Unsynchronized
cards

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

3

2.73

91%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.57

52%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

11.49

57%

Sterling Bank Plc

Data

No of State
Branches of current Bank

49

No of branches
issuing instant receipts

39

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

1,100,998,658.55

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

11640

Total number of
cards issued to Banks by Current Bank

676

Total number of
Unsynchronized cards by Current Bank

61

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

46

Total number of
reconciled Accounts

24

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

870,568.43

Actual COT
charges By Current Bank

870,568.43

Expected
interest Charges By Current Bank

463,633.93

Actual interest
Charges By Current Bank

463,633.93

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

45

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:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

2

Value of monthly
collection

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

3

0.34

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

2.72

91%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.25

75%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.99

99%

10

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%

11

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

12.4

62%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

125

No of branches
issuing instant receipts

125

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

2,199,839,223.89

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

5589

Total number of
cards issued to Banks by Current Bank

485

Total number of
Unsynchronized cards by Current Bank

46

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

24

Total number of
reconciled Accounts

18

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,058,000.00

Actual COT
charges By Current Bank

1,058,000.00

Expected
interest Charges By Current Bank

794,590.48

Actual interest
Charges By Current Bank

786,843.05

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

14

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:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

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

0.09

5%

4

Unsynchronized
cards

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

3

1.98

66%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

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

0.69

23%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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%

11

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

9.1

46%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

87

No of branches
issuing instant receipts

87

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

990,988,857.47

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

4303

Total number of
cards issued to Banks by Current Bank

499

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)

4

Total number of
all Accounts  For Current Bank

13

Total number of
reconciled Accounts

3

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,654,600.00

Actual COT
charges By Current Bank

1,654,600.00

Expected
interest Charges By Current Bank

1,701,275.69

Actual interest
Charges By Current Bank

1,696,627.39

Number of
instructions From AG (Inter Bank Transfer)

2

Number of
compliance within 48 hours (Inter Bank transfer)

2

Total Number of Reversal due to Error

14

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

Bank Monthly Assessment

BANK:  UNITY BANK PLC                                                                                       PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

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

0.01

1%

4

Unsynchronized
cards

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

3

1.09

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

0.30

10%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.00

0%

10

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%

11

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

6.41

32%

UNITY BANK PLC

Data

No of State
Branches of current Bank

32

No of branches
issuing instant receipts

32

Total Monthly Collection from all banks

19,641,323,465.46

Total Monthly Collection from Current
bank

39,409,219.64

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

289

Total number of
cards issued to Banks by Current Bank

225

Total number of
Unsynchronized cards by Current Bank

143

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

10

Total number of
reconciled Accounts

1

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

40,700.00

Actual COT
charges By Current Bank

40,700.00

Expected
interest Charges By Current Bank

25,589.80

Actual interest
Charges By Current Bank

Number of
instructions From AG (Inter Bank Transfer)

3

Number of
compliance within 48 hours (Inter Bank transfer)

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:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

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

0.12

6%

4

Unsynchronized
cards

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

3

2.81

94%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.80

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

2.17

72%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

2.00

100%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.96

96%

10

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%

11

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

13.91

70%

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

19,641,323,465.46

Total Monthly Collection from Current
bank

308,229,969.87

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

5853

Total number of
cards issued to Banks by Current Bank

283

Total number of
Unsynchronized cards by Current Bank

18

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

18

Total number of
reconciled Accounts

13

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

270,300.00

Actual COT
charges By Current Bank

270,300.00

Expected
interest Charges By Current Bank

160,575.45

Actual interest
Charges By Current Bank

154,729.71

Number of
instructions From AG (Inter Bank Transfer)

3

Number of
compliance within 48 hours (Inter Bank transfer)

3

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:  ZENITH BANK PLC                                                                                     PERIOD:  JUNE 2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

1.00

100%

2

Value of monthly
collection

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

3

0.54

18%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.15

8%

4

Unsynchronized
cards

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

3

2.77

92%

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

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.87

87%

10

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%

11

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

12.69

63%

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

19,641,323,465.46

Total Monthly Collection from Current
bank

3,555,919,519.27

Total Number of Transactions From All
Banks

100847

Total Number of Transactions From Current
Bank

7595

Total number of
cards issued to Banks by Current Bank

737

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)

20

Total number of
all Accounts  For Current Bank

28

Total number of
reconciled Accounts

22

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

3,047,375.17

Actual COT
charges By Current Bank

3,047,557.55

Expected
interest Charges By Current Bank

1,801,334.02

Actual interest
Charges By Current Bank

1,573,368.48

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

12

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