Ukraine: Technical Cooperation for the Deposit Guarantee Fund

Location:

Ukraine

TCRS Number:

619

Business sector:

Financial institutions

Notice type:

Public

Status:

Approved

PSD disclosed:

27 Nov 2018

Project Description

The European Bank for Reconstruction and Development (the “EBRD” or the “Bank”) wishes to engage a Consultant to advise The Deposit Guarantee Fund of Ukraine (“DGF”, the Fund) on implementation of restructuring measures to address the DGF’s insolvency and bringing its operations in compliance with the EU Directives #49 and #59 (the Directives). Successful restructuring of the DGF’s debts and the Fund’s sustainable operations in accordance with the Directives will support the financial stability and increase confidence in the country's banking system, thus building upon EBRD’s extensive work done since 2014 in support of the financial sector reform in Ukraine. The technical cooperation (TC) deployed by the EBRD to date has consisted of a diagnostic assessment of the DGF’s operational framework and internal challenges, followed by a second stage to enable and enhance its capacity for implementation of new competencies and responsibilities required by legal and regulatory framework. The second stage of EBRD’s TC assistance is expected to conclude in December 2018. The proposed TC will build on and consolidate the achievements of the first and second stages of TC support provided to date, as a result of which the DGF has upgraded its organisational capacities and procedures, developed the IT infrastructure and policies, improved the asset sale and disposal processes and clarified its legal position on various asset management/disposal issue.

The objective of this Project is to assist the DGF in enabling and enhancing its capacity through practical assistance, expertise, advice, and resources for supporting on-going activities and implementation of new competencies and responsibilities required by recently approved legal and regulatory framework and building related in-house expertise and capacity. In particular the Consultant will be expected to:

1. Restore and enhance the Fund’s solvency in the medium and long run;
2. Bring the DGF into full compliance with the EU Directives #49 and #59.

Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.

Email: eSelection@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

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