The PraeLegal Uzbekistan team once again demonstrates its expertise in complex and innovative projects! The launch of a new installment system marks another success for the legal team, led by Mirzaaziz Ruziev, the Partner of the Banking & Finance practice, and Jahongir Ismatov, the Head of the LPO department.
This project was implemented for a client’s marketplace, which provides consumers with convenient solutions for purchasing goods and services on an installment basis. The new installment system creates additional opportunities for purchasing vehicles, fully complying with legal requirements and Islamic finance principles.
Following the successful launch of a similar system on a marketplace platform aimed at simplifying access to a wide range of products and services, the client has once again entrusted PraeLegal Uzbekistan with overseeing the next stage of its strategy. This new project stands out not only for its scale but also for its high level of innovation.
The PraeLegal Uzbekistan team actively supported the project at all stages of its implementation, ensuring compliance with legal requirements and alignment with the client's strategic goals. Currently, the project is in its final approval stages and is already demonstrating significant market potential.
The success of the new installment system is not only a major achievement for the client but also a testament to the deep knowledge and experience of PraeLegal Uzbekistan in handling complex financial mechanisms. This is yet another step in the development of the installment market, contributing to greater accessibility of financial solutions for consumers.