Oybek Tursunov becomes Uzcard head

POLITICS 16:24 / 14.05.2020 827

 The relevant information is published on the Unified State Register of Enterprises and Organizations.

Now, 75% of the share in the authorized capital of Uzcard belongs to Oybek Tursunov.

Previously, the above share belonged to Akhror Makhmudov. 25% of the share belongs to the LLC itself.

The law “On limited and additional liability companies” states that if other participants in the company have not used their pre-emptive right to purchase a share (part of a share) sold by its participant, the company has a pre-emptive right to purchase this share (part of a share).

According to the latest data of the company, in 2019, the Unified All-Republican Processing Center served more than 17 million cards in Uzbekistan.

In addition, in 2018, the Center’s specialists introduced new software called “International Payment System” to conduct transactions through existing POS-terminals, ATMs using Uzcard bank cards and international cards. This provided an opportunity for cooperation with international payment systems.

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