Hibret Bank has invited prospective suppliers and contractors to participate in a formal procurement process, offering an opportunity for firms to compete for contracts at the lender’s head office in Addis Ababa. Interested parties may obtain the full bid document from the bank’s Procurement Division, located at Lideta sub‑city, Woreda 08, Ras Abebe Aregay Street, opposite Addis Ababa University School of Commerce, Hibir Tower, 19th floor.
The bank has stressed that bidders must review the bid document carefully before preparing submissions. Detailed instructions and conditions governing the tender process are set out in that document, and failure to follow them will result in disqualification.
Hibret Bank procurement bid
All bids must be submitted in a sealed envelope and delivered to Hibret Bank Head Office, Procurement Division, Hibir Tower, 19th floor. The deadline for receipt of proposals is 14 January 2026 at 14:00 local time. The bank will open bids at 14:30 on the same day in the presence of bidders or their authorised representatives on the 4th floor of Hibir Tower. Bidders are advised to allow sufficient time for delivery and to ensure their submissions meet the stated requirements.
The bank emphasised that compliance with submission procedures is mandatory. Each entry must strictly follow the instructions to bidders indicated in the bid document; non‑compliance will constitute grounds for rejection. The tender notice also makes clear that Hibret Bank reserves the right to accept or reject any bid, either partly or wholly, giving the institution discretion over award decisions.
Prospective bidders should note the following practical details: where to collect the bid documents, the precise submission address and floors for both submission and opening, and the scheduled times for receipt and public opening. These specifics are designed to ensure transparency and fairness in the competitive process.
Organisations planning to bid are encouraged to prepare documentation in advance and confirm they meet any eligibility, financial or technical requirements set out in the tender. Where necessary, authorised representatives should carry identification and proof of authority to attend the bid opening on behalf of a bidder.
This procurement notice presents a routine but important contracting opportunity within Ethiopia’s financial services sector. For local and regional suppliers, participation offers potential business and partnership prospects with one of the country’s established banks. Firms seeking more information or wishing to obtain the bid documentation should visit the Procurement Division at the address provided or contact Hibret Bank through its official channels.
By setting clear submission criteria and a defined opening procedure, Hibret Bank aims to manage the process efficiently and transparently. Interested parties must heed the deadlines and formal requirements to ensure their bids remain eligible for consideration.
Key Takeaways:
- Hibret Bank has published a formal procurement bid with documents available at its Procurement Division in Lideta, Addis Ababa.
- Bids must be submitted by 14 January 2026, 14:00 at Hibret Bank Head Office, Hibir Tower, 19th floor.
- The bank will open bids at 14:30 on the same day on the 4th floor; each bid must be sealed and follow the bid document instructions.
- Hibret Bank reserves the right to accept or reject bids wholly or partly; careful compliance with submission rules is essential.
