Another Azerbaijani Bank Announces Tender on Processing System
Azerbaijan, Baku / Trend corr. I.Khalilova / Kapital Bank OJSC holds tender for establishment of processing system in the central office of the bank, the Azerbaijani tender commission reported on 10 November.
The fee for participation in the tender is €500.
The applicants should submit inquiry for participation, bank inquiry confirming payment of the fee for participation, bank guarantee about finance state for a year, juridical status, tender proposalks, and bank guaranty by 1% cost of tender proposal on the second stage.
The tender to be held in two stages. The technical proposals will be accepted during the first stage.
Proposals must be submitted by 26 December 2007 to 6:00p.m to 71, Fizuli Ave, Baku, Azerbaijan. The competition proposals will be assessed on 27 December 2007 at 3:00p.m.
Tel: 498-66-85, 493-47-98. The contact person: Azar Akparov, deputy director of the Department on plastic cards.
The necessity in establishment of processing system is explained Kapital Bank is an active participant in plastic cards market. The bank is planning to increase the market share in financed services. Today the share makes up to 30%. Kapital Bank is the bank-agent of the State Fund on Social Protection to issue pension cards, State Committee on Work with Refugees and Internally Displaced Persons to pay for bread through cards.
Today the processing system was established by the Zamin Bank and the International Bank of Azerbaijan is the 100% shareholder of the Azaricard processing cards centre.