Pivdenny Joint-Stock Bank announces a tender to select an audit firm for the mandatory audit of financial statements for 2020

An invitation to participate in a competitive selection process is extended to audit firms:

• that meet the requirements of the Law of Ukraine On Financial Audit and Audit Activities,
• that are included in the Register of Audit Firms and Auditors, including a separate section of the Register of Auditors and Audit Entities, containing information about audit firm, which is eligible to conduct mandatory audits of the financial statements of public-interest enterprises,
• in which, for the previous annual reporting period, the remuneration from each of the public-interest enterprises that were provided with mandatory auditing of financial statements during said period did not exceed 15% of their total income from the provision of auditing services,
• that are not subject to restrictions related to the duration of service provision to the bank.

The purpose of the competition is to select an audit firm to provide the following services:

• auditing and provision of an opinion on the bank's separate annual financial statements for 2020, drawn up in accordance with the International Financial Reporting Standards, the requirements of applicable legislation and regulatory legal acts of the National Bank of Ukraine and the National Securities and Stock Market Commission;
• auditing and provision of an opinion of the bank’s consolidated annual financial statements for 2020, drawn up in accordance with the International Financial Reporting Standards, requirements of applicable legislation and regulatory legal acts of the National Bank of Ukraine and the National Securities and Stock Market Commission;
• assessing the quality of the bank’s assets and the acceptability of collateral for loan transactions in accordance with the requirements of the NBU laws and regulations (Resolution of the NBU Board No. 141 of 22 December 2017 On Approval of the Regulation on the Sustainability Assessment of Banks and the Banking System of Ukraine, as amended);
• auditing of annual reporting of special purpose of the banking group for 2020, prepared in accordance with the requirements of the Regulation on the Supervision of Banking Groups, approved by the Resolution of the NBU Board No. 254 of 20 June 2012, as amended.

The financial statements and other public information of PIVDENNY JOINT-STOCK BANK PUBLIC JOINT-STOCK COMPANY are available on the bank's official website - https://bank.com.ua. Additional information on the bank's operations can be provided at the request of the bidder.

Deadline for tender submissions: 16 September 2020.

Bids received by the bank after the deadline will not be considered. Bidders have the right to amend or withdraw their bids before the submission deadline.

Please send documents to the email address nataliya.zozulya@pivdenny.ua

Contact person: Director of the Internal Audit Department, Zozulya Nataliya Oleksandrivna, (048) 738 57 08.

The tender winner will be announced after the competition results are approved by the Supervisory Board of the bank.

All participants who take part in the tender will be notified of the results by email.

Criteria for participation in the competition, criteria for the selection of audit firms, as well as information and documents to be submitted for participation in the competition are determined by the Procedure for conducting a competition for selection of an external auditor for mandatory auditing of the financial statements of PIVDENNY JOINT-STOCK BANK PUBLIC JOINT-STOCK COMPANY with appendices; the full version of which is available on the bank's official website https://bank.com.ua.