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ANNOUNCEMENT

29.11.2024

"AMIO BANK" CJSC announces an open tender to select an insurance company for the purpose of "Complex Banking Risk Insurance" (BBB) and "Directors and Officials Liability and Company Compensation Liability Insurance" (D&O). Insurance companies wishing to participate in the tender can submit the tender applications together with the required documents in sealed envelopes, indicating the addresses, full names of the sender (Participant of the Tender) and recipient (Organizer of the Tender) organizations, and a note to the "Tender Commission" by December 25, 2024 each working day from 09:15 to 16:45 to "AMIO BANK" at Nalbandyan 48, Yerevan, RA. All participants will be informed about the tender results by January 10, 2025. Insurance companies licensed by the Central Bank of RA, which carry out "Complex Banking Risk Insurance" (BBB) and "Directors and Officers Liability and Company Indemnity Liability Insurance” (D&O), can participate in the tender. For information, contact Risk Management and Control Department of "AMIO BANK" CJSC (+37410) 59 20 30.

List of documents required for the tender:

  • Application
  • Charter with additions and amendments (copy)
  • Certificate of registration of the State Register with its inserts, including the insert of information about the director (copy)
  • TIN (copy)
  • A copy of the license to initiate insurance activities
  • Reports submitted to tax authorities for the last accounting period
  • A copy of the independent auditor's report of the previous reporting financial year
  • Standard agreements of "Complex Banking Risk Insurance" (BBB) and "Directors and Officers Liability and Company Indemnity Liability Insurance” (D&O)
  • Information on the number of insurance cases and the amount of insurance benefits (if any) for "Complex Banking Risk Insurance" (BBB) and "Directors and Officers Liability and Company Indemnity Liability Insurance” (D&O)
  • Information on cooperation with other banks in terms of "Complex Banking Risk Insurance" (BBB) and "Directors and Officers Liability and Company Indemnity Liability Insurance” (D&O)
  • (if available)
  • Information on reinsurers
  • Price offer
  • Other documents as needed

**Requirements for the tender participants **

  • In case of signing "Complex Banking Risk Insurance" (BBB) and "Directors and Officers Liability and Company Indemnity Liability Insurance” (D&O) agreements, the insurance premium will be deposited exclusively into the account opened by the insurance company at "AMIO BANK" CJSC.
  • The price proposal for "Complex Banking Risk Insurance" (BBB ) and "Directors and Officers Liability and Company Indemnity Liability Insurance” (D&O) should include the following:
  1. Bank general liability insurance
  2. Electronic computer crime insurance (cyber insurance)
  3. Professional indemnity insurance
  4. Directors and Officers Liability and Company Indemnity Liability Insurance

"AMIO BANK" CJSC can choose the components subject to insurance from the sections above.

Amio Bank is supervised by the Central Bank of Armenia.

Updated 02.12.2024 13:11

+374 10 59 20 20Head Office: 48 Nalbandyan st., Yerevan, 0010, RA

E-mail: info@amiobank.am

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© 2024 "AMIO BANK" CJSC
License of the Central Bank of Armenia #40 issued on 10.12.1991
AMIO BANK is the legal successor of ARMBUSINESSBANK.

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The Bank is supervised by the Central Bank of Armenia