“The Board of Directors of BRD decided that the granting of dividends from the 2022 profit would not be proposed for approval at the General Meeting Shareholders. This decision is in line with the recommendations for prudence of the National Committee for Macroprudential Oversight and of the National Bank of Romania”, BRD said in its report.
The bank reported a net banking income of RON3.5 billion, on a group level, in 2022, as compared to RON3.1 billion in 2021, and a net profit of RON1.33 billion, slightly higher than in the previous year. BRD has a market value of RON10 billion and its shares have lost 30% over the last 12 months.