OREANDA-NEWS. July 13, 2009. Open joint-stock commercial bank Credit Standard said its assets grew by 24 billion soums or 9% in the second quarter of 2009. The assets of the bank reached 303.5 billion soums.

The bank said in press-release that the growth of deposit resources made up over 2 billion soums in the reporting period.

Net income of the bank grew by 60% to 2.9 billion soums in the reporting period. Return on equity (ROE) rose by 80% compared to previous quarter. Clientele base grew by 17% in the first half of 2009.

Bank Credit Standard was founded on 16 August 2003 with the charter capita of 1.3 billion soums. Headquarters located in Tashkent.