Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                      PERIOD:  MARCH 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

0.22

11%

4

Value of monthly collection

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

3

0.08

3%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.12

6%

6

Unsynchronized cards

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

3

0.97

32%

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

0.12

4%

10

Correct C.O.T charges (1.00 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

9.31

34%


 

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

 

Total number of self Assessment forms from all Banks

1035

Total number of self Assessment forms from Current Bank

114

Total Monthly Collection from all banks

17,329,941,363.72

Total Monthly Collection from Current bank

438,164,610.78

Total Number of Transactions From All Banks

67322

Total Number of Transactions From Current Bank

3894

Total number of cards issued to Banks by Current Bank

1776

Total number of Unsynchronized cards by Current Bank

1199

Total number of PAYE/WHT Transactions Current Bank

759

Total number of PAYE/WHT Schedules

19

Total No of Expected Transfers (Both Rev and Expenditure)

23

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

23

Total number of all Accounts  For Current Bank

25

Total number of reconciled Accounts

1

Expected COT charges For Current Bank

976,045.27

Actual COT charges By Current Bank

946,053.12

Expected interest Charges By Current Bank

7,146,610.34

Actual interest Charges By Current Bank

11,125,024.04

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

99

 

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


Bank Monthly Assessment

BANK:  Afribank Nigeria Plc                                                                                         PERIOD:  MARCH 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

0.02

1%

4

Value of monthly collection

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

3

0.04

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

1.79

60%

7

PAYE and WHT details

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

3

0.48

16%

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

1.80

60%

10

Correct C.O.T charges (1.00 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

1.84

92%

 

 

Total

27

12.78

47%


 

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

1035

Total number of self Assessment forms from Current Bank

9

Total Monthly Collection from all banks

17,329,941,363.72

Total Monthly Collection from Current bank

208,760,889.96

Total Number of Transactions From All Banks

67322

Total Number of Transactions From Current Bank

409

Total number of cards issued to Banks by Current Bank

803

Total number of Unsynchronized cards by Current Bank

325

Total number of PAYE/WHT Transactions Current Bank

355

Total number of PAYE/WHT Schedules

57

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

10

Total number of reconciled Accounts

6

Expected COT charges For Current Bank

100,000.00

Actual COT charges By Current Bank

100,000.00

Expected interest Charges By Current Bank

640,686.56

Actual interest Charges By Current Bank

640,610.25

Number of instructions From AG (Inter Bank Tranfer)

2

Number of compliance within 48 hours (Inter Bank Tranfer)

2

Total Number of Reversal due to Error

32

 

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


Bank Monthly Assessment

BANK:  PlatinumHabib Bank Plc                                                                                   PERIOD:  MARCH 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

2.75

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

0.01

1%

4

Value of monthly collection

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

3

0.07

2%

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

0.40

13%

7

PAYE and WHT details

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

3

0.05

2%

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

0.46

15%

10

Correct C.O.T charges (1.00 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

1.80

90%

 

 

Total

27

9.55

35%


 

PlatinumHabib Bank Plc

Data

 

No of State Branches of current Bank

59

No of branches issuing instant receipts

54

Total Number of Trans Done with Permanent Cards

 

Total number of self Assessment forms from all Banks

1035

Total number of self Assessment forms from Current Bank

3

Total Monthly Collection from all banks

17,329,941,363.72

Total Monthly Collection from Current bank

384,458,268.67

Total Number of Transactions From All Banks

67322

Total Number of Transactions From Current Bank

498

Total number of cards issued to Banks by Current Bank

331

Total number of Unsynchronized cards by Current Bank

287

Total number of PAYE/WHT Transactions Current Bank

241

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

13

Total number of reconciled Accounts

2

Expected COT charges For Current Bank

195,688.24

Actual COT charges By Current Bank

195,647.29

Expected interest Charges By Current Bank

1,092,404.87

Actual interest Charges By Current Bank

1,092,062.68

Number of instructions From AG (Inter Bank Tranfer)

 

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

50

 

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


Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                               PERIOD:  MARCH 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

0.04

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

0.33

11%

7

PAYE and WHT details

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

3

0.37

12%

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 (1.00 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

0.67

67%

13

Reversal of Collection

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

2

1.93

97%

 

 

Total

27

10.09

37%


 

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

1035

Total number of self Assessment forms from Current Bank

 

Total Monthly Collection from all banks

17,329,941,363.72

Total Monthly Collection from Current bank

248,467,708.86

Total Number of Transactions From All Banks

67322

Total Number of Transactions From Current Bank

92

Total number of cards issued to Banks by Current Bank

9

Total number of Unsynchronized cards by Current Bank

8

Total number of PAYE/WHT Transactions Current Bank

131

Total number of PAYE/WHT Schedules

16

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

8

Total number of reconciled Accounts

8

Expected COT charges For Current Bank

700,000.00

Actual COT charges By Current Bank

700,000.00

Expected interest Charges By Current Bank

690,153.62

Actual interest Charges By Current Bank

690,153.62

Number of instructions From AG (Inter Bank Tranfer)

3

Number of compliance within 48 hours (Inter Bank Tranfer)

2

Total Number of Reversal due to Error

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:  MARCH 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

0.00

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

0.01

1%

6

Unsynchronized cards

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

3

1.54

51%

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

2.25

75%

10

Correct C.O.T charges (1.00 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

0.50

50%

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

11.46

42%


 

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

1035

Total number of self Assessment forms from Current Bank

1

Total Monthly Collection from all banks

17,329,941,363.72

Total Monthly Collection from Current bank

89,457,242.84

Total Number of Transactions From All Banks

67322

Total Number of Transactions From Current Bank

384

Total number of cards issued to Banks by Current Bank

947

Total number of Unsynchronized cards by Current Bank

461

Total number of PAYE/WHT Transactions Current Bank

113

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

8

Total number of reconciled Accounts

6

Expected COT charges For Current Bank

160,000.00

Actual COT charges By Current Bank

160,000.00

Expected interest Charges By Current Bank

363,749.70

Actual interest Charges By Current Bank

362,551.99

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

5

 

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


Bank Monthly Assessment

BANK:  ECOBANK NIGERIA PLC                                                                                         PERIOD:  MARCH 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

0.16

8%

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

0.04

2%

6

Unsynchronized cards

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

3

1.45

48%

7

PAYE and WHT details

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

3

0.23

8%

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

1.91

64%

10

Correct C.O.T charges (1.00 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

0.33

33%

13

Reversal of Collection

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

2

1.98

99%

 

 

Total

27

11.39

42%


 

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

3

Total number of self Assessment forms from all Banks

1035

Total number of self Assessment forms from Current Bank

83

Total Monthly Collection from all banks

17,329,941,363.72

Total Monthly Collection from Current bank

172,968,216.04

Total Number of Transactions From All Banks

67322

Total Number of Transactions From Current Bank

1492

Total number of cards issued to Banks by Current Bank

517

Total number of Unsynchronized cards by Current Bank

267

Total number of PAYE/WHT Transactions Current Bank

346

Total number of PAYE/WHT Schedules

26

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

11

Total number of reconciled Accounts

7

Expected COT charges For Current Bank

125,003.00

Actual COT charges By Current Bank

125,003.00

Expected interest Charges By Current Bank

428,307.93

Actual interest Charges By Current Bank

428,266.14

Number of instructions From AG (Inter Bank Tranfer)

3

Number of compliance within 48 hours (Inter Bank Tranfer)

1

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:  EQUITORIAL TRUST BANK PLC                                                                                       PERIOD:  MARCH 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

0.01

0%

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

1.13

38%

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

2.91

97%

10

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

Expected charges/ Actual charges

1

0.50

50%

11

Regular payments of correct interest on collection and Call account

Actual interest/Expected interest 

1

0.60

60%

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

0.50

50%

13

Reversal of Collection

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

2

1.98

99%

 

 

Total

27

11.45

42%


 

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

1035

Total number of self Assessment forms from Current Bank

4

Total Monthly Collection from all banks

17,329,941,363.72

Total Monthly Collection from Current bank

74,484,218.39

Total Number of Transactions From All Banks

67322

Total Number of Transactions From Current Bank

409

Total number of cards issued to Banks by Current Bank

322

Total number of Unsynchronized cards by Current Bank

201

Total number of PAYE/WHT Transactions Current Bank

52

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

33

Expected COT charges For Current Bank

200,000.00

Actual COT charges By Current Bank

400,000.00

Expected interest Charges By Current Bank

730,986.37

Actual interest Charges By Current Bank

441,690.28

Number of instructions From AG (Inter Bank Tranfer)

2

Number of compliance within 48 hours (Inter Bank Tranfer)

1

Total Number of Reversal due to Error

4

 

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


Bank Monthly Assessment

BANK:  FIRST BANK OF NIGERIA PLC                                                                                          PERIOD:  MARCH 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

2.86

95%

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

0.16

8%

4

Value of monthly collection

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

3

0.31

10%

5

No of Transactions

Volume of collections by Bank / Total volume from all Banks

2

0.12

6%

6

Unsynchronized cards

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

3

2.12

71%

7

PAYE and WHT details

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

3

0.09

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

0.56

19%

10

Correct C.O.T charges (1.00 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

1.91

96%

 

 

Total

27

12.13

45%


 

FIRST BANK OF NIGERIA PLC

Data

 

No of State Branches of current Bank

108

No of branches issuing instant receipts

103

Total Number of Trans Done with Permanent Cards

4

Total number of self Assessment forms from all Banks

1035

Total number of self Assessment forms from Current Bank

85

Total Monthly Collection from all banks

17,329,941,363.72

Total Monthly Collection from Current bank

1,776,058,334.85

Total Number of Transactions From All Banks

67322

Total Number of Transactions From Current Bank

4039

Total number of cards issued to Banks by Current Bank

1845

Total number of Unsynchronized cards by Current Bank

541

Total number of PAYE/WHT Transactions Current Bank

1805

Total number of PAYE/WHT Schedules

53

Total No of Expected Transfers (Both Rev and Expenditure)

5

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

5

Total number of all Accounts  For Current Bank

16

Total number of reconciled Accounts

3

Expected COT charges For Current Bank

56,233.53

Actual COT charges By Current Bank

1,000.00

Expected interest Charges By Current Bank

5,008,815.40

Actual interest Charges By Current Bank

5,826,801.90

Number of instructions From AG (Inter Bank Tranfer)

 

Number of compliance within 48 hours (Inter Bank Tranfer)

 

Total Number of Reversal due to Error

183

 

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:  MARCH 2010

S/NO    

CRITERIA

FORMULATION

CREDIT UNITS

SCORE

PERCENTAGE

1