Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                      PERIOD:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1      

Instant Receipts Compliance

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

3

2.77

92%

2

Permanent (cTCC/eTCC/mTCC) ePay Cards Usage

Total No of  Trans Done With Permanent Card/Total Number of Trans

2

0.00

0%

3 

Self Assessment forms/e-TCC card issued from self assessment

No of Self Assessment forms returned by Current Bank /Total number of self Assessment forms from all Banks

2

0.15

8%

4

Value of monthly collection

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

3

0.06

2%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.11

6%

6

Unsynchronized cards

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

3

1.82

61%

7

PAYE and WHT details

Total number of PAYE/WHT Schedules /Total number of PAYE/WHT Transactions from Current Bank

3

0.02

1%

8

Prompt Movement of funds of revenue call and Expenditure Account

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

1

0.95

95%

9

Reconciliation all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.88

96%

10

Correct C.O.T charges (2.00 per mil)

Expected charges/ Actual charges

1

1.00

100%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

1.00

100%

12

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%

13

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

27

13.73

51%


 

ACCESS BANK PLC.

Data

 

No of State Branches of current Bank

39

No of branches issuing instant receipts

36

Total Number of Trans Done with Permanent Cards

1

Total number of self Assessment forms from all Banks

367

Total number of self Assessment forms from Current Bank

28

Total Monthly Collection from all banks

15,706,577,846.37

Total Monthly Collection from Current bank

328,249,825.24

Total Number of Transactions From All Banks

41033

Total Number of Transactions From Current Bank

2339

Total number of cards issued to Banks by Current Bank

2771

Total number of Unsynchronized cards by Current Bank

1094

Total number of PAYE/WHT Transactions Current Bank

1899

Total number of PAYE/WHT Schedules

13

Total No of Expected Transfers (Both Rev and Expenditure)

21

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

20

Total number of all Accounts  For Current Bank

25

Total number of reconciled Accounts

24

Expected COT charges For Current Bank

283,003.13

Actual COT charges By Current Bank

270,498.45

Expected interest Charges By Current Bank

1,151,253.26

Actual interest Charges By Current Bank

1,457,927.26

Number of instructions From AG (Inter Bank Tranfer)

 

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

39

 

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


Bank Monthly Assessment

BANK:  Afribank Nigeria Plc                                                                                         PERIOD:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1      

Instant Receipts Compliance

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

3

3.00

100%

2

Permanent (cTCC/eTCC/mTCC) ePay Cards Usage

Total No of  Trans Done With Permanent Card/Total Number of Trans

2

0.00

0%

3 

Self Assessment forms/e-TCC card issued from self assessment

No of Self Assessment forms returned by Current Bank /Total number of self Assessment forms from all Banks

2

0.00

0%

4

Value of monthly collection

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

3

0.03

1%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.02

1%

6

Unsynchronized cards

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

3

2.11

70%

7

PAYE and WHT details

Total number of PAYE/WHT Schedules /Total number of PAYE/WHT Transactions from Current Bank

3

0.00

0%

8

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%

9

Reconciliation all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

3.00

100%

10

Correct C.O.T charges (2.00 per mil)

Expected charges/ Actual charges

1

1.00

100%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

1.00

100%

12

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%

13

Reversal of Collection

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

2

1.81

91%

 

 

Total

27

13.97

52%


 

Afribank Nigeria Plc

Data

 

No of State Branches of current Bank

40

No of branches issuing instant receipts

40

Total Number of Trans Done with Permanent Cards

 

Total number of self Assessment forms from all Banks

367

Total number of self Assessment forms from Current Bank

 

Total Monthly Collection from all banks

15,706,577,846.37

Total Monthly Collection from Current bank

155,949,714.25

Total Number of Transactions From All Banks

41033

Total Number of Transactions From Current Bank

438

Total number of cards issued to Banks by Current Bank

1000

Total number of Unsynchronized cards by Current Bank

298

Total number of PAYE/WHT Transactions Current Bank

 

Total number of PAYE/WHT Schedules

 

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

7

Total number of reconciled Accounts

7

Expected COT charges For Current Bank

92,000.00

Actual COT charges By Current Bank

92,000.00

Expected interest Charges By Current Bank

307,664.82

Actual interest Charges By Current Bank

312,181.38

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

41

 

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


Bank Monthly Assessment

BANK:  PlatinumHabib Bank Plc                                                                                   PERIOD:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1      

Instant Receipts Compliance

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

3

3.00

100%

2

Permanent (cTCC/eTCC/mTCC) ePay Cards Usage

Total No of  Trans Done With Permanent Card/Total Number of Trans

2

0.00

0%

3 

Self Assessment forms/e-TCC card issued from self assessment

No of Self Assessment forms returned by Current Bank /Total number of self Assessment forms from all Banks

2

0.00

0%

4

Value of monthly collection

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

3

0.09

3%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.02

1%

6

Unsynchronized cards

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

3

1.65

55%

7

PAYE and WHT details

Total number of PAYE/WHT Schedules /Total number of PAYE/WHT Transactions from Current Bank

3

0.13

4%

8

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

0.24

24%

9

Reconciliation all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

3.00

100%

10

Correct C.O.T charges (2.00 per mil)

Expected charges/ Actual charges

1

0.91

91%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

1.00

100%

12

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%

13

Reversal of Collection

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

2

1.77

89%

 

 

Total

27

12.81

47%


 

PlatinumHabib Bank Plc

Data

 

No of State Branches of current Bank

59

No of branches issuing instant receipts

59

Total Number of Trans Done with Permanent Cards

 

Total number of self Assessment forms from all Banks

367

Total number of self Assessment forms from Current Bank

 

Total Monthly Collection from all banks

15,706,577,846.37

Total Monthly Collection from Current bank

487,084,382.52

Total Number of Transactions From All Banks

41033

Total Number of Transactions From Current Bank

362

Total number of cards issued to Banks by Current Bank

763

Total number of Unsynchronized cards by Current Bank

344

Total number of PAYE/WHT Transactions Current Bank

184

Total number of PAYE/WHT Schedules

8

Total No of Expected Transfers (Both Rev and Expenditure)

21

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

13

Expected COT charges For Current Bank

432,891.26

Actual COT charges By Current Bank

477,113.67

Expected interest Charges By Current Bank

700,824.29

Actual interest Charges By Current Bank

700,775.65

Number of instructions From AG (Inter Bank Tranfer)

 

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

41

 

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


Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                               PERIOD:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1       

Instant Receipts Compliance

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

3

0.75

25%

2

Permanent (cTCC/eTCC/mTCC) ePay Cards Usage

Total No of  Trans Done With Permanent Card/Total Number of Trans

2

0.00

0%

3 

Self Assessment forms/e-TCC card issued from self assessment

No of Self Assessment forms returned by Current Bank /Total number of self Assessment forms from all Banks

2

0.00

0%

4

Value of monthly collection

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

3

0.02

1%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.00

0%

6

Unsynchronized cards

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

3

0.71

24%

7

PAYE and WHT details

Total number of PAYE/WHT Schedules /Total number of PAYE/WHT Transactions from Current Bank

3

0.08

3%

8

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%

9

Reconciliation all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

3.00

100%

10

Correct C.O.T charges (2.00 per mil)

Expected charges/ Actual charges

1

1.00

100%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

1.00

100%

12

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%

13

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

27

9.42

35%


 

CITIBANK NIGERIA LIMITED

Data

 

No of State Branches of current Bank

4

No of branches issuing instant receipts

1

Total Number of Trans Done with Permanent Cards

 

Total number of self Assessment forms from all Banks

367

Total number of self Assessment forms from Current Bank

 

Total Monthly Collection from all banks

15,706,577,846.37

Total Monthly Collection from Current bank

121,246,413.01

Total Number of Transactions From All Banks

41033

Total Number of Transactions From Current Bank

85

Total number of cards issued to Banks by Current Bank

307

Total number of Unsynchronized cards by Current Bank

234

Total number of PAYE/WHT Transactions Current Bank

144

Total number of PAYE/WHT Schedules

4

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

5

Total number of reconciled Accounts

5

Expected COT charges For Current Bank

170,000.00

Actual COT charges By Current Bank

170,000.00

Expected interest Charges By Current Bank

522,694.89

Actual interest Charges By Current Bank

522,694.89

Number of instructions From AG (Inter Bank Tranfer)

1

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

6

 

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


Bank Monthly Assessment

BANK:  DIAMOND BANK PLC                                                                                  PERIOD:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1      

Instant Receipts Compliance

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

3

2.17

72%

2

Permanent (cTCC/eTCC/mTCC) ePay Cards Usage

Total No of  Trans Done With Permanent Card/Total Number of Trans

2

0.00

0%

3 

Self Assessment forms/e-TCC card issued from self assessment

No of Self Assessment forms returned by Current Bank /Total number of self Assessment forms from all Banks

2

0.01

1%

4

Value of monthly collection

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

3

0.02

1%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.01

1%

6

Unsynchronized cards

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

3

2.66

89%

7

PAYE and WHT details

Total number of PAYE/WHT Schedules /Total number of PAYE/WHT Transactions from Current Bank

3

0.00

0%

8

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%

9

Reconciliation all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

3.00

100%

10

Correct C.O.T charges (2.00 per mil)

Expected charges/ Actual charges

1

1.00

100%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

1.00

100%

12

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%

13

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

27

12.82

47%


 

DIAMOND BANK PLC

Data

 

No of State Branches of current Bank

69

No of branches issuing instant receipts

50

Total Number of Trans Done with Permanent Cards

 

Total number of self Assessment forms from all Banks

367

Total number of self Assessment forms from Current Bank

1

Total Monthly Collection from all banks

15,706,577,846.37

Total Monthly Collection from Current bank

80,610,047.89

Total Number of Transactions From All Banks

41033

Total Number of Transactions From Current Bank

307

Total number of cards issued to Banks by Current Bank

947

Total number of Unsynchronized cards by Current Bank

108

Total number of PAYE/WHT Transactions Current Bank

 

Total number of PAYE/WHT Schedules

 

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

12

Expected COT charges For Current Bank

80,000.00

Actual COT charges By Current Bank

80,000.00

Expected interest Charges By Current Bank

378,250.59

Actual interest Charges By Current Bank

405,840.03

Number of instructions From AG (Inter Bank Tranfer)

1

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

7

 

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


Bank Monthly Assessment

BANK:  ECOBANK NIGERIA PLC                                                                                         PERIOD:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1      

Instant Receipts Compliance

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

3

2.26

75%

2

Permanent (cTCC/eTCC/mTCC) ePay Cards Usage

Total No of  Trans Done With Permanent Card/Total Number of Trans

2

0.00

0%

3 

Self Assessment forms/e-TCC card issued from self assessment

No of Self Assessment forms returned by Current Bank /Total number of self Assessment forms from all Banks

2

0.21

11%

4

Value of monthly collection

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

3

0.05

2%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.04

2%

6

Unsynchronized cards

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

3

2.56

85%

7

PAYE and WHT details

Total number of PAYE/WHT Schedules /Total number of PAYE/WHT Transactions from Current Bank

3

0.00

0%

8

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%

9

Reconciliation all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.18

73%

10

Correct C.O.T charges (2.00 per mil)

Expected charges/ Actual charges

1

1.00

100%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

1.00

100%

12

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%

13

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

27

12.04

45%


 

ECOBANK NIGERIA PLC

Data

 

No of State Branches of current Bank

53

No of branches issuing instant receipts

40

Total Number of Trans Done with Permanent Cards

1

Total number of self Assessment forms from all Banks

367

Total number of self Assessment forms from Current Bank

39

Total Monthly Collection from all banks

15,706,577,846.37

Total Monthly Collection from Current bank

284,558,636.94

Total Number of Transactions From All Banks

41033

Total Number of Transactions From Current Bank

719

Total number of cards issued to Banks by Current Bank

926

Total number of Unsynchronized cards by Current Bank

136

Total number of PAYE/WHT Transactions Current Bank

 

Total number of PAYE/WHT Schedules

 

Total No of Expected Transfers (Both Rev and Expenditure)

5

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

4

Total number of all Accounts  For Current Bank

11

Total number of reconciled Accounts

8

Expected COT charges For Current Bank

116,000.00

Actual COT charges By Current Bank

116,003.00

Expected interest Charges By Current Bank

946,445.11

Actual interest Charges By Current Bank

946,075.42

Number of instructions From AG (Inter Bank Tranfer)

1

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

20

 

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:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1      

Instant Receipts Compliance

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

3

3.00

100%

2

Permanent (cTCC/eTCC/mTCC) ePay Cards Usage

Total No of  Trans Done With Permanent Card/Total Number of Trans

2

0.00

0%

3 

Self Assessment forms/e-TCC card issued from self assessment

No of Self Assessment forms returned by Current Bank /Total number of self Assessment forms from all Banks

2

0.01

1%

4

Value of monthly collection

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

3

0.02

1%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.00

0%

6

Unsynchronized cards

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

3

2.37

79%

7

PAYE and WHT details

Total number of PAYE/WHT Schedules /Total number of PAYE/WHT Transactions from Current Bank

3

0.00

0%

8

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%

9

Reconciliation all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

3.00

100%

10

Correct C.O.T charges (2.00 per mil)

Expected charges/ Actual charges

1

1.00

100%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

1.00

100%

12

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%

13

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

27

13.20

49%


 

EQUITORIAL TRUST BANK PLC

Data

 

No of State Branches of current Bank

38

No of branches issuing instant receipts

38

Total Number of Trans Done with Permanent Cards

 

Total number of self Assessment forms from all Banks

367

Total number of self Assessment forms from Current Bank

1

Total Monthly Collection from all banks

15,706,577,846.37

Total Monthly Collection from Current bank

99,964,515.64

Total Number of Transactions From All Banks

41033

Total Number of Transactions From Current Bank

91

Total number of cards issued to Banks by Current Bank

364

Total number of Unsynchronized cards by Current Bank

77

Total number of PAYE/WHT Transactions Current Bank

 

Total number of PAYE/WHT Schedules

 

Total No of Expected Transfers (Both Rev and Expenditure)

5

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

4

Total number of all Accounts  For Current Bank

34

Total number of reconciled Accounts

34

Expected COT charges For Current Bank

114,000.00

Actual COT charges By Current Bank

114,000.00

Expected interest Charges By Current Bank

392,591.37

Actual interest Charges By Current Bank

392,591.37

Number of instructions From AG (Inter Bank Tranfer)

1

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

 

 

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:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1      

Instant Receipts Compliance

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

3

3.00

100%

2

Permanent (cTCC/eTCC/mTCC) ePay Cards Usage

Total No of  Trans Done With Permanent Card/Total Number of Trans

2

0.00

0%

3 

Self Assessment forms/e-TCC card issued from self assessment

No of Self Assessment forms returned by Current Bank /Total number of self Assessment forms from all Banks

2

0.08

4%

4

Value of monthly collection

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

3

0.26

9%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.11

6%

6

Unsynchronized cards

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

3

1.61

54%

7

PAYE and WHT details

Total number of PAYE/WHT Schedules /Total number of PAYE/WHT Transactions from Current Bank

3

0.02

1%

8

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

0.19

19%

9

Reconciliation all LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.63

88%

10

Correct C.O.T charges (2.00 per mil)

Expected charges/ Actual charges

1

0.79

79%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

0.82

82%

12

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%

13

Reversal of Collection

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

2

1.81

91%

 

 

Total

27

12.32

46%


 

FIRST BANK OF NIGERIA PLC

Data

 

No of State Branches of current Bank

108

No of branches issuing instant receipts

108

Total Number of Trans Done with Permanent Cards

 

Total number of self Assessment forms from all Banks

367

Total number of self Assessment forms from Current Bank

14

Total Monthly Collection from all banks

15,706,577,846.37

Total Monthly Collection from Current bank

1,346,296,686.74

Total Number of Transactions From All Banks

41033

Total Number of Transactions From Current Bank

2348

Total number of cards issued to Banks by Current Bank

2256

Total number of Unsynchronized cards by Current Bank

1045

Total number of PAYE/WHT Transactions Current Bank

1188

Total number of PAYE/WHT Schedules

6

Total No of Expected Transfers (Both Rev and Expenditure)

21

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

4

Total number of all Accounts  For Current Bank

16

Total number of reconciled Accounts

14

Expected COT charges For Current Bank

149,023.66

Actual COT charges By Current Bank

189,527.78

Expected interest Charges By Current Bank

3,484,320.28

Actual interest Charges By Current Bank

2,840,708.93

Number of instructions From AG (Inter Bank Tranfer)

 

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

219

 

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:  JANUARY 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE