Report on Classified Facilities

09 46236403 09 46236418 BSD/DIRGEN/CIR/03/026 October 28, 2009 CIRCULAR TO ALL BANKS REPORT ON CLASSIFIED FACILITIES In continuation of efforts to strengthen the banking system, the Central Bank of Nigeria has resolved to address, on a holistic basis, the issue of delinquent facilities in the banking system, especially the exposure of banks to the Capital Market. In this regard, preparatory to the establishment of the Asset Management Company of Nigeria, it has become expedient to obtain information from all Deposit Money Banks on their classified facilities. Specifically, the information required will cover details of collateral obtained for classified loans, Securities owned by subsidiaries in respect of proprietary positions, investments and crystallized underwriting investments and bank's securities held in respect of proprietary positions, investment and crystallized underwriting investments. The information, which should be prepared in the attached format, should reach the undersigned not later than Wednesday, November 4, 2009. SAMUEL A. ONI DIRECTOR OF BANKING SUPERVISION COLLATERAL FOR CLASSIFIED LOANS

S/N	Customer	Type of Facility	Amount of Facility	Outstanding	Provisions
Balance	Taken on Account	Cover	Portfolio
	Level	of Securities
	Classification (Substandard, Doubtful, Lost)	Value of Securities on 30/09/09
	Number	Price per
	of Units	share of Securities on 30/09/09
Total

S/N	Subsidiary	Name of Stock	Number	Purchase	Purchase	Price per
of Units	Price	Value	share on 30/09/09	Market Value on 30/09/09	Unrealized	Unrealized
	Gain/(Loss)	Gain/Loss (%)
Total

SECURITIES OWNED BY SUBSIDIARIES-PROPORIETARY POSITIONS, INVESTMENTS AND CRYSTALLIZED UNDERWRITING INVESTMENTS

Name of	Number of	Purchase Price	Purchase Value	Price per
S/N	Stock	Units	share on	Value on	Unrealized	Unrealized
	30/09/09	Gain/(Loss)	Gain/Loss (%)
	30/09/09
Total