Our Staff Reporter KARACHI - MCB Bank has proven its great success as it stands tall by winning not one but two precious awards for The Best Bank of the Year and The Most Stable Bank of the Year by the Chartered Financial Analyst Association, Pakistan (CFA AP) at '8th CFA Pakistans Annual Excellence Awards 2010. The CFA Annual Excellence Awards are considered to be the most precious awards in the investment industry as CFAAP with members in different stock exchanges, brokerage houses, banks and other financial institutions, has known reputation for promoting principled and professional standards within the financial services industry. CFAAP has set strict criteria for the said awards as each candidate must be compliant with Capital Adequacy Ratio (CAR) and Minimum Capital Requirement (MCR) together with the banks should have at least 3 years profitable history. The best banks were evaluated for profitability, efficiency, growth and solvency with profitability and solvency having 30 percent weight age each while growth and efficiency have 20 percent weight age each for the final scores. MCB Bank also won the Most Stable Bank of the year award by scoring 5.11 points. President MCB Bank, M.U.A Usmani, congratulated the whole MCB team on the great achievement and dedicated the success to the honest and hard working employees working vigorously to make MCB Bank the Best Bank of Pakistan. He said that MCB Bank had the highest profit before taxes among all banks of the country in 2010 and was the only bank to add more than 50 branches to its network last year while it also has the most ATMs in the country now after recent enhancement in IT infrastructure.