Tashkent, Uzbekistan (UzDaily.com) -- Shareholders of the private bank Ravnaq-bank decided to change the name of the financial organization.

By decision of the shareholders, Ravnaq-bank will change its name to Octobank.

It should be noted that in August, the chairman of the board of the bank, Iskandar Tursunov, increased his stake in the bank from 19.9% to 72.05%. He bought 52.1% of the bank’s shares from Sarvar Fayziev for 52.2 billion soums.