- Chairman's Statement
- GMD/CEO's Review
- Introduction
- Business Review
-
Financial Review
- Report of the Directors
- Corporate Governance
- Directors and Advisers
- Report of the External Consultant on the Board Appraisal
- Report of the Independent Joint Auditors
- Report of the Audit Committee
- Statement of Significant Accounting Policies
- Balance Sheet
- Profit and Loss Account
- Statement of Cash Flows
- Notes to the Financial Statements
- Group Statement of Value Added
- Bank Statement of Value Added
- Group Five-year Financial Summary
- Bank Five-year Financial Summary
- Company Information
- Shareholder Information
Strength & Stability in Uncertain Times
Annual Report & Accounts 2009
Financial Review
Notes to the Financial Statements
for the year ended March 31, 2009
46. Details of Non-performing Insider-related Credits as at March 31, 2009
| S/N | Cumulative | Outstanding Credit | Perfected Security | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name of Borrower | Relationship Reporting Institution | Date Granted | Expiry Date | Rate of Interest | Principal N'000 |
Interest N'000 |
Total Provision N'000 |
Payment Made N'000 |
Performing N'000 |
Non-performing N'000 |
Nature | Value | Date of Valuation | Remarks | |
| 44,588 | |||||||||||||||
| 1 | Hacket Nig. Ltd Estate of Prof. Belo-Osagie | Ex-director | 30/11/05 | 31/12/06 | 19 | 2,850 | - | - | - | - | 20,208 | - | - | - | Legal ownership on vehicle and Personal Guarantee |
| 2 | Abdulsalam T. Ogueyi | Ex-staff | 31/08/02 | 31/08/12 | 9 | 10,200 | - | - | - | - | 14,570 | - | 10,200 | - | Security being perfected |
| 3 | Alli-Balogun Taiwo | Ex-staff | 28/10/02 | 31/01/12 | 9 | 10,570 | - | - | - | - | 2,385 | - | 8,100 | - | L/M being arranged N8.1m |
| 4 | Austin E. Ekuma | Ex-staff | 28/03/03 | 28/03/08 | 9 | 1,509 | - | - | - | - | 1,542 | - | 2 | - | Perfected |
| 5 | S.A. Olubodun | Ex-staff | 29/09/98 | 30/06/10 | 9 | 7,580 | - | - | - | - | 5,883 | - | 10,300 | 29/12/01 | Perfected |