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Finance 21/01/2010 Credit Standard Bank’s assets reach 246.645 bn soums
Credit Standard Bank’s assets reach 246.645 bn soums
Tashkent, Uzbekistan (UzDaily.com) -- Assets of open joint stock commercial bank Credit Standard grew by 3.15% year-on-year to 246.645 billion soums at the end of 2009.

As of 1 January 2010, the loand portfolio of the bank made up 40.539 billion soums or rose by 20.46% year-on-year.

Investment and securities portfolio rose by 30.56% to 16.981 billion soums and own capital increased by 6.79% to 33.254 billion soums. Profit of the bank made up 6.29 billion soums.

Credit Standard Bank said number of its corporate clients grew by 40%, of which 911 are legal entities and 255 are individual entrepreneurs. In 2009, the bank attracted 385 new legal entities. Main clients of the Bank are large state enterprises, companies with foreign capital, and representatives of large and medium private businesses.

In the reporting period, Credit Standard Bank opened four mini banks – two in Samarkand region, one in Tashkent city and one in Karakalpakstan. Mini-banks served 34,000 retail clients.

As of 1 January 2010, Credit Standard Bank has four branches – National Operational Branch, Tashkent city Branch, Samarkand Branch and Ferghana Branch. Number of mini-banks made up 14.

Credit Standard Bank underlined that it issued 31,000 soum banking cards, mainly due to salary projects. The bank emitted 12,000 banking cards or 39% of total issued banking cards within its project on co-branded cards with Korzinka.uz.

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