Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  SEPTEMBER
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

1.33

44%

2

Value of monthly
collection

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

3

0.10

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.09

5%

4

Unsynchronized
cards

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

3

1.36

45%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.82

82%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.75

25%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

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

8.45

42%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

20

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

504,087,052.11

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

3387

Total number of
cards issued to Banks by Current Bank

367

Total number of
Unsynchronized cards by Current Bank

201

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

18

Total number of
all Accounts  For Current Bank

24

Total number of
reconciled Accounts

6

Expected COT
charges For Current Bank

425,800.13

Actual COT
charges By Current Bank

Expected interest
Charges By Current Bank

459,014.18

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:  SEPTEMBER
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

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

3

0.75

25%

2

Value of monthly
collection

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

3

0.12

4%

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

0.75

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

0.91

91%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.67

89%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

1.97

99%

Total

20

10.18

51%

CITIBANK NIGERIA LIMITED

Data

No of State
Branches of current Bank

4

No of branches
issuing instant receipts

1

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

605,415,018.58

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

186

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)

22

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

20

Total number of
all Accounts  For Current Bank

9

Total number of
reconciled Accounts

8

Expected COT charges
For Current Bank

444,242.62

Actual COT
charges By Current Bank

444,248.62

Expected
interest Charges By Current Bank

728,476.00

Actual interest
Charges By Current Bank

728,476.02

Number of
instructions From AG (Inter Bank Tranfer)

1

Number of compliance
within 48 hours (Inter Bank Tranfer)

1

Total Number of Reversal due to Error

3

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

Bank Monthly Assessment

BANK:  DIAMOND BANK PLC                                                                                PERIOD:  SEPTEMBER
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

0.00

0%

4

Unsynchronized
cards

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

3

0.43

14%

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

2.75

92%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

2.00

100%

Total

20

12.20

61%

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

15,645,868,804.96

Total Monthly Collection from Current
bank

83,879,642.26

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

154

Total number of
cards issued to Banks by Current Bank

567

Total number of
Unsynchronized cards by Current Bank

485

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

12

Total number of
reconciled Accounts

11

Expected COT
charges For Current Bank

37,503.49

Actual COT
charges By Current Bank

37,500.00

Expected
interest Charges By Current Bank

34,902.11

Actual interest
Charges By Current Bank

34,899.52

Number of
instructions From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

3

Total Number of Reversal due to Error

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

Bank Monthly Assessment

BANK:  ECOBANK NIGERIA PLC                                                                                      PERIOD:  SEPTEMBER
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

0.07

4%

4

Unsynchronized cards

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

3

1.66

55%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.80

60%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

2.00

100%

Total

20

11.94

60%

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

15,645,868,804.96

Total Monthly Collection from Current
bank

161,587,322.37

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

2642

Total number of
cards issued to Banks by Current Bank

367

Total number of
Unsynchronized cards by Current Bank

164

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

10

Total number of
reconciled Accounts

6

Expected COT
charges For Current Bank

197,916.65

Actual COT
charges By Current Bank

197,806.00

Expected
interest Charges By Current Bank

1,166,557.48

Actual interest
Charges By Current Bank

1,166,488.27

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

4

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

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  SEPTEMBER
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

0.01

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

1.33

44%

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

1.29

43%

7

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

Expected
charges/ Actual charges

1

0.86

86%

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

1.67

84%

Total

20

10.01

50%

ENTERPRISE BANK LIMITED

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

34

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

48,136,648.06

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

129

Total number of
cards issued to Banks by Current Bank

224

Total number of
Unsynchronized cards by Current Bank

125

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

14

Total number of
reconciled Accounts

6

Expected COT
charges For Current Bank

25,688.73

Actual COT
charges By Current Bank

30,000.00

Expected
interest Charges By Current Bank

49,956.52

Actual interest
Charges By Current Bank

49,956.52

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

21

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:  SEPTEMBER
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

2.45

82%

2

Value of monthly
collection

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

3

0.03

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

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

3

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

0.60

60%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.84

61%

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

1.96

98%

Total

20

10.58

53%

EQUITORIAL TRUST BANK PLC

Data

No of State
Branches of current Bank

38

No of branches
issuing instant receipts

31

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

133,097,020.22

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

160

Total number of
cards issued to Banks by Current Bank

80

Total number of
Unsynchronized cards by Current Bank

48

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

3

Total number of
all Accounts  For Current Bank

31

Total number of
reconciled Accounts

19

Expected COT
charges For Current Bank

153,418.32

Actual COT
charges By Current Bank

153,417.48

Expected interest
Charges By Current Bank

405,780.45

Actual interest
Charges By Current Bank

405,780.45

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

3

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:  SEPTEMBER
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

2.94

98%

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

0.14

7%

4

Unsynchronized
cards

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

3

2.70

90%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

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

2.37

79%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.34

34%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

1.95

98%

Total

20

13.73

69%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

108

No of branches
issuing instant receipts

106

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

1,532,375,121.81

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

5075

Total number of
cards issued to Banks by Current Bank

887

Total number of
Unsynchronized cards by Current Bank

89

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

19

Total number of
reconciled Accounts

15

Expected COT
charges For Current Bank

6,602,224.81

Actual COT
charges By Current Bank

6,366,111.88

Expected
interest Charges By Current Bank

10,834,110.29

Actual interest
Charges By Current Bank

3,722,942.86

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

125

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:  SEPTEMBER
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

0.10

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.04

2%

4

Unsynchronized
cards

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

3

1.28

43%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.91

91%

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

0.67

67%

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

10.85

54%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

44

No of branches
issuing instant receipts

33

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

504,302,489.77

Total Number of Transactions From All Banks

72128

Total Number of Transactions From Current
Bank

1298

Total number of
cards issued to Banks by Current Bank

234

Total number of
Unsynchronized cards by Current Bank

134

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

Expected COT
charges For Current Bank

5,267.59

Actual COT
charges By Current Bank

5,267.59

Expected
interest Charges By Current Bank

345,091.73

Actual interest
Charges By Current Bank

231,533.54

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

25

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

Bank Monthly Assessment

BANK:  Fidelity Bank Plc.                                                                                 PERIOD:  SEPTEMBER
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

2.69

90%

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

0.13

7%

4

Unsynchronized
cards

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

3

1.81

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

0.64

64%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.10

70%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

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

12.49

62%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

58

No of branches
issuing instant receipts

52

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

655,003,783.15

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

4763

Total number of
cards issued to Banks by Current Bank

540

Total number of
Unsynchronized cards by Current Bank

214

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

14

Total number of
all Accounts  For Current Bank

20

Total number of
reconciled Accounts

14

Expected COT
charges For Current Bank

1,620,447.04

Actual COT
charges By Current Bank

1,044,455.43

Expected
interest Charges By Current Bank

511,774.26

Actual interest
Charges By Current Bank

511,774.26

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

19

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

Bank Monthly Assessment

BANK:  FirstInland Bank PLC                                                                                    PERIOD:  SEPTEMBER
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

0.02

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

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

3

0.70

23%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.77

77%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.38

13%

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

1.68

84%

Total

20

7.51

38%

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

15,645,868,804.96

Total Monthly Collection from Current
bank

87,196,256.79

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

273

Total number of
cards issued to Banks by Current Bank

350

Total number of
Unsynchronized cards by Current Bank

268

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

17

Total number of
all Accounts  For Current Bank

16

Total number of
reconciled Accounts

2

Expected COT
charges For Current Bank

151,261.56

Actual COT
charges By Current Bank

147,359.07

Expected
interest Charges By Current Bank

96,112.85

Actual interest
Charges By Current Bank

96,112.85

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

43

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:  SEPTEMBER
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

0.11

4%

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

1.92

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

0.82

82%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.04

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

12.63

63%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

62

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

550,678,043.89

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

3274

Total number of
cards issued to Banks by Current Bank

200

Total number of
Unsynchronized cards by Current Bank

72

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

18

Total number of
all Accounts  For Current Bank

50

Total number of
reconciled Accounts

34

Expected COT
charges For Current Bank

206,832.42

Actual COT
charges By Current Bank

205,432.92

Expected
interest Charges By Current Bank

467,653.12

Actual interest
Charges By Current Bank

472,819.09

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

24

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

Bank Monthly Assessment

BANK:  INTERCONTINENTAL BANK PLC                                                                                 PERIOD:  SEPTEMBER
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

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

3

2.55

85%

2

Value of monthly
collection

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

3

0.07

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.04

2%

4

Unsynchronized
cards

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

3

1.59

53%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.73

73%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.95

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

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of Collection

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

2

1.99

100%

Total

20

11.92

60%

INTERCONTINENTAL BANK PLC

Data

No of State
Branches of current Bank

101

No of branches
issuing instant receipts

86

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

382,953,167.58

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

1505

Total number of
cards issued to Banks by Current Bank

513

Total number of
Unsynchronized cards by Current Bank

241

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

16

Total number of
all Accounts  For Current Bank

20

Total number of
reconciled Accounts

13

Expected COT
charges For Current Bank

1,116,636.39

Actual COT
charges By Current Bank

1,115,651.12

Expected
interest Charges By Current Bank

1,150,129.48

Actual interest
Charges By Current Bank

1,150,044.41

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

10

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

Bank Monthly Assessment

BANK:  KEYSTONE BANK LIMITED                                                                                PERIOD:  SEPTEMBER
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

2.29

76%

2

Value of monthly
collection

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

3

0.05

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

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

3

1.62

54%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.00

0%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.71

57%

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

1.39

70%

Total

20

10.06

50%

KEYSTONE BANK LIMITED

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

45

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

242,205,668.83

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

177

Total number of
cards issued to Banks by Current Bank

159

Total number of
Unsynchronized cards by Current Bank

73

Total No of Expected Transfers (Both Rev
and Expenditure)

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

5

Total number of
all Accounts  For Current Bank

14

Total number of
reconciled Accounts

8

Expected COT
charges For Current Bank

58,806.45

Actual COT
charges By Current Bank

58,806.45

Expected
interest Charges By Current Bank

556,451.83

Actual interest
Charges By Current Bank

556,411.16

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:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  SEPTEMBER
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

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

3

2.55

85%

2

Value of monthly
collection

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

3

0.02

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.03

2%

4

Unsynchronized
cards

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

3

2.42

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

1.93

64%

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

12.93

65%

MAINSTREET BANK LIMITED

Data

No of State
Branches of current Bank

40

No of branches
issuing instant receipts

34

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

121,134,557.30

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

1129

Total number of
cards issued to Banks by Current Bank

258

Total number of
Unsynchronized cards by Current Bank

50

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

14

Total number of
reconciled Accounts

9

Expected COT
charges For Current Bank

95,890.00

Actual COT
charges By Current Bank

1,871.70

Expected
interest Charges By Current Bank

142,131.93

Actual interest
Charges By Current Bank

142,104.01

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

11

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:  SEPTEMBER
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

2.91

97%

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

0.11

6%

4

Unsynchronized
cards

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

3

2.91

97%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.36

36%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.33

78%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

1.97

99%

Total

20

13.88

69%

Oceanic Bank International Nig. Plc

Data

No of State
Branches of current Bank

104

No of branches
issuing instant receipts

101

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

1,510,358,822.21

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

3979

Total number of
cards issued to Banks by Current Bank

478

Total number of
Unsynchronized cards by Current Bank

15

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

8

Total number of
all Accounts  For Current Bank

27

Total number of
reconciled Accounts

21

Expected COT
charges For Current Bank

1,079,465.85

Actual COT
charges By Current Bank

1,005,830.59

Expected
interest Charges By Current Bank

647,320.38

Actual interest
Charges By Current Bank

659,339.56

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

51

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

Bank Monthly Assessment

BANK:  SKYE BANK PLC                                                                                         PERIOD:  SEPTEMBER
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

0.40

13%

3

No of Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.44

22%

4

Unsynchronized
cards

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

3

2.90

97%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.82

82%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.66

89%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

2.00

100%

Total

20

15.22

76%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

67

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

2,094,627,008.70

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

16000

Total number of
cards issued to Banks by Current Bank

354

Total number of
Unsynchronized cards by Current Bank

12

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

18

Total number of
all Accounts  For Current Bank

53

Total number of
reconciled Accounts

47

Expected COT
charges For Current Bank

3,454,092.63

Actual COT
charges By Current Bank

1,471,804.14

Expected
interest Charges By Current Bank

5,192,482.70

Actual interest
Charges By Current Bank

5,192,055.95

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:  Stanbic IBTC Bank PLC                                                                                PERIOD:  SEPTEMBER
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

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

3

3.00

100%

2

Value of monthly
collection

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

3

0.07

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

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

3

2.55

85%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.75

92%

7

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

Expected
charges/ Actual charges

1

0.94

94%

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

1.94

97%

Total

20

14.16

71%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

46

No of branches
issuing instant receipts

46

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

376,224,836.52

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

427

Total number of
cards issued to Banks by Current Bank

186

Total number of
Unsynchronized cards by Current Bank

28

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

22

Total number of
all Accounts  For Current Bank

12

Total number of
reconciled Accounts

11

Expected COT
charges For Current Bank

394,624.19

Actual COT
charges By Current Bank

418,562.75

Expected
interest Charges By Current Bank

305,061.00

Actual interest
Charges By Current Bank

275,537.29

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

12

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

Bank Monthly Assessment

BANK:  Sterling Bank Plc                                                                                 PERIOD:  SEPTEMBER
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

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

3

2.57

86%

2

Value of monthly
collection

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

3

0.13

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.31

16%

4

Unsynchronized
cards

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

3

2.94

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

0.73

73%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.00

67%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

1.99

100%

Total

20

13.67

68%

Sterling Bank Plc

Data

No of State
Branches of current Bank

49

No of branches
issuing instant receipts

42

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

685,262,817.81

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

11288

Total number of
cards issued to Banks by Current Bank

524

Total number of
Unsynchronized cards by Current Bank

10

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

16

Total number of
all Accounts  For Current Bank

42

Total number of
reconciled Accounts

28

Expected COT
charges For Current Bank

509,870.75

Actual COT
charges By Current Bank

500,960.37

Expected
interest Charges By Current Bank

169,974.73

Actual interest
Charges By Current Bank

170,004.50

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

66

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:  SEPTEMBER
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

2.47

82%

2

Value of monthly
collection

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

3

0.26

9%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.09

5%

4

Unsynchronized
cards

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

3

1.68

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

0.00

0%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.89

63%

7

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

Expected
charges/ Actual charges

1

0.99

99%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

2.00

100%

Total

20

11.38

57%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

125

No of branches
issuing instant receipts

103

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

1,380,690,128.23

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

3239

Total number of
cards issued to Banks by Current Bank

668

Total number of
Unsynchronized cards by Current Bank

293

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

Total number of
all Accounts  For Current Bank

27

Total number of
reconciled Accounts

17

Expected COT
charges For Current Bank

1,406,808.50

Actual COT
charges By Current Bank

1,416,664.72

Expected
interest Charges By Current Bank

958,090.02

Actual interest
Charges By Current Bank

983,566.56

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

1

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

Bank Monthly Assessment

BANK:  Union Bank of Nigeria Plc.                                                                                         PERIOD:  SEPTEMBER
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

1.24

41%

2

Value of monthly
collection

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

3

0.28

9%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.08

4%

4

Unsynchronized
cards

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

3

2.18

73%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.64

21%

7

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

Expected
charges/ Actual charges

1

0.89

89%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

9

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

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

1

1.00

100%

10

Reversal of
Collection

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

2

2.00

100%

Total

20

10.31

52%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

87

No of branches
issuing instant receipts

36

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

1,457,937,000.38

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

2876

Total number of
cards issued to Banks by Current Bank

1029

Total number of
Unsynchronized cards by Current Bank

281

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

14

Total number of
reconciled Accounts

3

Expected COT
charges For Current Bank

1,199,800.00

Actual COT
charges By Current Bank

1,348,600.00

Expected
interest Charges By Current Bank

2,275,068.64

Actual interest
Charges By Current Bank

2,275,068.63

Number of
instructions From AG (Inter Bank Tranfer)

4

Number of
compliance within 48 hours (Inter Bank Tranfer)

4

Total Number of Reversal due to Error

5

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

Bank Monthly Assessment

BANK:  UNITY BANK PLC                                                                                       PERIOD:  SEPTEMBER
2011

S/NO

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1

Instant Receipts
Compliance

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

3

0.94

31%

2

Value of monthly
collection

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

3

0.03

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

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

3

0.95

32%

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

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

0.11

11%

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

1.90

95%

Total

20

7.24

36%

UNITY BANK PLC

Data

No of State
Branches of current Bank

32

No of branches
issuing instant receipts

10

Total Monthly Collection from all banks

15,645,868,804.96

Total Monthly Collection from Current
bank

153,808,595.91

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

186

Total number of
cards issued to Banks by Current Bank

171

Total number of
Unsynchronized cards by Current Bank

117

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

1

Expected COT
charges For Current Bank

266,100.00

Actual COT
charges By Current Bank

266,100.00

Expected
interest Charges By Current Bank

106,981.89

Actual interest
Charges By Current Bank

11,566.91

Number of
instructions From AG (Inter Bank Tranfer)

3

Number of
compliance within 48 hours (Inter Bank Tranfer)

3

Total Number of Reversal due to Error

9

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

Bank Monthly Assessment

BANK:  WEMA BANK PLC.                                                                                      PERIOD:  SEPTEMBER
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

0.04

1%

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

2.68

89%

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

2.79

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

1.00

100%

10

Reversal of
Collection

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

2

2.00

100%

Total

20

14.62

73%

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

15,645,868,804.96

Total Monthly Collection from Current
bank

192,625,303.50

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

3793

Total number of
cards issued to Banks by Current Bank

288

Total number of
Unsynchronized cards by Current Bank

31

Total No of Expected Transfers (Both Rev
and Expenditure)

5

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

5

Total number of
all Accounts  For Current Bank

14

Total number of
reconciled Accounts

13

Expected COT
charges For Current Bank

216,600.00

Actual COT
charges By Current Bank

216,696.00

Expected
interest Charges By Current Bank

110,246.04

Actual interest
Charges By Current Bank

110,504.30

Number of
instructions From AG (Inter Bank Tranfer)

4

Number of
compliance within 48 hours (Inter Bank Tranfer)

4

Total Number of Reversal due to Error

8

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

Bank Monthly Assessment

BANK:  ZENITH BANK PLC                                                                                     PERIOD:  SEPTEMBER
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

0.42

14%

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

2.54

85%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.59

59%

6

Reconciliation
all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.46

82%

7

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

Expected
charges/ Actual charges

1

1.00

100%

8

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

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

13.33

67%

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

15,645,868,804.96

Total Monthly Collection from Current
bank

2,182,374,348.98

Total Number of Transactions From All
Banks

72128

Total Number of Transactions From Current
Bank

6188

Total number of
cards issued to Banks by Current Bank

678

Total number of
Unsynchronized cards by Current Bank

104

Total No of Expected Transfers (Both Rev
and Expenditure)

22

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

13

Total number of
all Accounts  For Current Bank

28

Total number of
reconciled Accounts

23

Expected COT
charges For Current Bank

2,739,447.01

Actual COT
charges By Current Bank

2,739,447.01

Expected
interest Charges By Current Bank

2,233,889.60

Actual interest
Charges By Current Bank

346,559.11

Number of
instructions From AG (Inter Bank Tranfer)

Number of
compliance within 48 hours (Inter Bank Tranfer)

Total Number of Reversal due to Error

21

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