The Beige Bank Limited

Recoveries

Total proceeds realised for The Beige Bank as at 30 September 2019 amounted to GH¢45.32 million. The total proceeds were realised through the following channels:

  • Loan repayments
  • Placements and government securities repaid
  • Proceeds from the sale of property and equipment
  • Other Income – interest from the investment of amounts recovered.

The table below provides an analysis of the amounts received by the Receiver for Beige Bank as at 30 September 2019.

Month on Month Breakdowns of Cash recoveries as at 30 September 2019 are shown below

Transaction TypePeriodAmount (GH¢)
Loan RepaymentsAugust - December 20185,785,433
January 2019384,997
February 2019133,382
March 20197,593,006
April 2019624,603
May 201922,645
June 2019-
July 2019598,000
August 2019934,551
September 201959,000
Total16,135,618
Placements RepaidAugust - December 2018-
January 2019-
February 201910,000,000
March 20195,399,681.48
April 2019-
May 2019-
June 201910,207,268.25
July 2019-
August 2019-
September 2019-
Total25,606,950
Other IncomeAugust - December 2018-
January 2019563
February 201920,529
March 201957,214
April 2019220,342
May 2019119,329
June 20191,753,197
July 2019319,078
August 2019-
September 2019808,724
Total3,298,976
Total Month on Month RecoveriesAugust - December 20185,785,433
January 2019385,560
February 201910,241,911
March 201913,087,313
April 2019844,945
May 2019141,974
June 201912,087,791
July 2019931,408
August 2019936,061
September 2019875,894
Grand Total45,318,290