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Finance 29/03/2010 Global Finance names Credit Standard Bank as the Best in Uzbekistan
Global Finance names Credit Standard Bank as the Best in Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) -- Global Finance magazine has named the Credit Standard Bank as the “Best Bank in Uzbekistan for 2010” in emerging markets of Asia.

Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging market bank in the region and in 20 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

This is the seventeenth year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Asia, the Middle East and Africa, Latin America, and Central and Eastern Europe.

Earlier, Credit Standard Bank was also named as the Best Bank in Uzbekistan by The Banker magazine.

Global Finance has over 50,000 subscribers and over 250,000 readers in 158 countries of the world. Among them, there are 8,000 portfolio investors, which control over 80% of all assets in management.

Credit Standard open joint stock commercial bank was founded on 16 August 2003 with the charter capital of 1.3 billion soums. Headquarters of the bank is located in Tashkent.

As of 1 January 2010, the assets of the bank made up 246.6 billion soums and shareholder capital rose to 33.3 billion soums. Credit Standard Bank is medium-size bank.

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