The proposed dividend value is similar to that paid in the past two years.

Based on Thursday’s share prices, the proposed dividend has a yield of 13.2%.

BRD reported a net profit of RON1.52 billion in 2019, down 1.1% from RON1.54 billion in 2018. Its assets grew 3.2%, to RON55.8 billion at the end of 2019.

The bank is 60.16% owned by France’s Societe Generale.

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