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Auction of properties listed as collateral for loans granted by Union Bank branches. Properties include residential houses and condominiums in various districts of Addis Ababa and other locations. Bidders must deposit one-fourth of the starting price

EthiopianTenders notice for Auction of properties listed as collateral for loans granted by Union Bank branches. Properties include residential houses and condominiums in various districts of Addis Ababa and other locations. Bidders must deposit one-fourth of the starting price. The reference ID of the tender is 125948817 and it is closing on 21 Oct 2025.

Tender Details

  • Country: Ethiopia
  • Summary: Auction of properties listed as collateral for loans granted by Union Bank branches. Properties include residential houses and condominiums in various districts of Addis Ababa and other locations. Bidders must deposit one-fourth of the starting price
  • ETT Ref No: 125948817
  • Deadline: 21 Oct 2025
  • Financier: Self Financed
  • Purchaser Ownership: Government
  • Tender Value: Refer Document
  • Notice Type: Tender
  • Document Ref. No.:
  • Purchaser's Detail:
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  • Description:
  • Auction of properties listed as collateral for loans granted by Union Bank branches. Properties include residential houses and condominiums in various districts of Addis Ababa and other locations. Bidders must deposit one-fourth of the starting price and can visit properties three days before the auction. The auction will be held at specified locations, and the highest bidder must pay the remaining amount within fifteen days.
  • Documents:

 Tender Notice

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Auction of properties listed as collateral for loans granted by Union Bank branches. Properties include residential houses and condominiums in various districts of Addis Ababa and other locations. Bidders must deposit one-fourth of the starting price - Ethiopian Tender

The UNION BANK, a Government sector organization in Ethiopia, has announced a new tender for Auction of properties listed as collateral for loans granted by Union Bank branches. Properties include residential houses and condominiums in various districts of Addis Ababa and other locations. Bidders must deposit one-fourth of the starting price. This tender is published on EthiopianTenders under ETT Ref No: 125948817 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-10-21.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.

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