The Philippine Deposit Insurance Corporation (“PDIC”), as the Receiver of the closed Export and Industry Bank (“EIB” or the “Bank”), announces the public bidding for its rehabilitation.
Invitation to Pre-Qualify and to Bid
Interested parties in good standing with regulatory agencies, committed to, and with sufficient financial capability to rehabilitate the Bank are invited to submit to PDIC a request to pre-qualify together with the following:
full name of the interested party, address, telephone/telefax number and e-mail address of principal contact;
business overview of the interested party;
list of shareholders and their respective shareholdings and nationalities; in the case of corporate shareholders, the principal shareholders thereof and their respective nationalities;
evidence of financial capacity to pursue the bid (e.g. audited financial statements or equivalent);
Duly executed confidentiality agreement (form may be obtained from the PDIC contact person listed below);
if the interested party is a consortium, all the information and documents enumerated above in respect of each member of the consortium, and the consortium agreement and shareholding structure.
All documents must be duly certified/signed by an authorized representative of the interested party.
All pre-qualification requirements must be submitted to PDIC no later than 5:00 p.m. Manila time on 15 August 2012 thru the following contact person at the following address:
Office of the Vice-President
Receivership and Bank Management Group
5th Floor, SSS Building
Ayala Avenue cor. Rufino Street
Makati City, Philippines
Attention: Atty. Nancy L. Sevilla-Samson
Phone: (632) 841-4835
Interested parties should direct all clarifications to the above-named contact person during regular office hours at the above contact details.
PDIC reserves the right to accept or reject any interested party without offering any reason whatsoever. Only pre-qualified interested parties shall be allowed to further participate in the bidding. PDIC does not assume any obligation to compensate or indemnify any party for any expense or loss that may be incurred as a result of participating in the prequalification and bidding process.
Finally, PDIC reserves the right to terminate the bidding process or modify, supplement or change the rules and conduct of bidding.
Bidding rules and other announcements will be posted in the PDIC website: www.pdic.gov.ph.