The Royal Bank
Recoveries
Total proceeds realised for Royal Bank as at 30 September 2019 amounted to GH¢64.89 million. The total proceeds were realised through the following channels:
- Loan repayments
- 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 Royal Bank as at 30 September 2019.
Month on Month Breakdowns of Cash recoveries as at 30 September 2019 are shown below
Transaction Type | Period | Amount (GH¢) |
---|---|---|
Loan Repayments | August - December 2018 | 42,308,370 |
January 2019 | 507,325 | |
February 2019 | 1,948,129 | |
March 2019 | 1,532,088 | |
April 2019 | 143,875 | |
May 2019 | 889,970 | |
June 2019 | 1,415,621 | |
July 2019 | 662,232 | |
August 2019 | 11,034,084 | |
September 2019 | 1,217,761 | |
Total | 61,659,456 | |
Proceeds from Property & Equipment | August - December 2018 | - |
January 2019 | 196,150 | |
February 2019 | 25,000 | |
March 2019 | 119,274 | |
April 2019 | 181,000 | |
May 2019 | 125,000 | |
June 2019 | 92,136 | |
July 2019 | 45,543 | |
August 2019 | - | |
September 2019 | - | |
Total | 784,103 | |
Other income | August - December 2018 | - |
January 2019 | 791 | |
February 2019 | 1,572 | |
March 2019 | 81,660 | |
April 2019 | 402,612 | |
May 2019 | 219,719 | |
June 2019 | 52,507 | |
July 2019 | 89,052 | |
August 2019 | - | |
September 2019 | 1,597,419 | |
Total | 2,445,330 | |
Total Month on Month Recoveries | August - December 2018 | 42,308,370 |
January 2019 | 704,266 | |
February 2019 | 1,974,701 | |
March 2019 | 1,733,022 | |
April 2019 | 727,487 | |
May 2019 | 1,234,688 | |
June 2019 | 1,560,264 | |
July 2019 | 796,827 | |
August 2019 | 11,034,084 | |
September 2019 | 2,815,180 | |
Grand Total | 64,888,889 |