Azerbaijan, Baku /corr. Trend I.Khalilova / The International Bank of Azerbaijan (IBA) announced an open tender for the selection of a foreign auditor to carry out the audit of the consolidated financial activities of the bank in accordance with international standards for the first and second half 2007, according to a statement on the tender commission.
The tender proposals and banking guarantee will be accepted to 20 August. Those interested in participating in the bid should submit documents by 10 August 2007. The tender procedure will take place on 21 August. The participation cost is AZN 1,000.
One of the requirements of the bid is the existence of at least two specialists in this field and an office or representation in Baku. The audit for the first half of the year should be carried out within three months after the contract is concluded, and for the second half no later than 1 May of the next year.