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Abay Bank S.C. (AB) invites competent bidders for the upgrading of Flexcube11.3 to the latest Flexcube core banking version

Invitation to International Competitive Bid (ICB)

Date: July 14, 2019

Tender Ref. No.: Fcup/01/2019

(1)  The Abay Bank S.C. (AB) invites competent bidders for the upgrading of Flexcube 11.3 to the latest Flexcube core banking version.The bid remains floating for 45 calendar days, i.e., from July 14, 2019 to August 28, 2019

(2)   Presentation of copy of renewed trade license, Tax clearance certificate and VAT registration certificate is a must.

(3)   The bid document shall be obtained commencing July 15, 2019 from Procurement Division, cited at Abay Bank S.C, Procurement &Facility Directorate, located at Jomo Kenyata Street (Around Bambis),Zequal Complex Building 8th floor against payment of a non-refundable fee of Birr 200.00 (Two Hundred Birr Only) by depositing at Abay Bank S.C , Main Branch Head office Ground floor during office hours(Monday to Friday 8:00-12:00 A.M, 1:00- 5:00 P.M and Saturday 8:00-12:00 A.M).

(4)   All Bids must be accompanied by a bid security in the amount of 50,000 Birr (Fifty Thousand Birr) in the form of CPO or Unconditional Bank Guarantee with validity period not less than 120 days from the date of bid opening.

(5)   Bidders should submit sealed bid documents  addressed to:

Attn: Ato Eyob Nigussie (Director-Procurement & Facility Directorate)

Abay Bank S.C.


Addis Ababa


Procurement & Facility Directorate

The documents will be received at Head Office Procurement Division 8th floor, located at Ziquala Complex Building,in Addis Ababa before or on August 28, 2019 until 2:00 PM. Bids received after the closing time will be automatically rejected.

(6)       Bids received in time and fulfilling the other formalities shall be opened in the presence of interested bidders or their representatives at 2:30 PM on Wednesday August 28, 2019 at Addis Ababa, Ethiopia.

(7)       Interested eligible bidders may obtain further information from the office of Procurement & Facility Directorate, Tell. +251-11-557-07-53 and + 251-11-554-97-41.

(8)       The Bank reserves the right to reject all or parts of this bid.

Abay Bank S.C.