According to the EBA letter, the Credit Standard Bank was awarded for intention to impeccability in all its activities and focusing on rendering high quality banking services.

The EBA select the best companies for participation in nomination of European Quality. The company should meet high quality in their activity in line with European standards. In particular, the EBA reviews statistic data, information of international consulting firms and rating agencies, as well as recommendation of the Assembly partners.

The official awarding ceremony will be held in October 2010 within Oxford Leaders Summit. Over 140 representatives of business circles and educational establishments from 20 countries are expected to attend the summit.

Credit Standard open joint stock commercial bank was founded on 16 August 2003 with charter capital of 1.3 billion soums. The bank’s headquarters is in Tashkent. The bank’s assets made up 259.1 billion soums as of 1 April 2010. The equity capital is 35.4 billion soums. Net income of the bank in 2009 was 6.288 billion soums.