Social Protection Fund announces two tenders for purchase of banking services

The State Social Protection Fund (SSPF) under the Ministry of Labor and Social Protection of the Population of Azerbaijan has announced two tenders for the purchase of banking services worth $3 million, Report informs.

The fee for participation in each tender is 300 manats.

Applicants can submit primary documents until 05:00 pm on June 2, and a tender offer and bank security up to 1% of its value - until 05:00 pm on June 10 to the administrative building of the State Social Protection Fund at the address: Baku, Hasanbay Zardabi Str, 80.

Proposals will be considered on June 13 at 17:00 at the specified address.

The winners of tenders for banking services announced by the State Fund for Social Protection in December last year were the International Bank of Azerbaijan OJSC and Kapital Bank. The winning banks were paid AZN11.053 million and AZN 11.025 million, respectively, totaling AZN 22.078 million.