BRD
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BRD Eyes Growth On Loan, Deposit Segments, Higher Profit In 2015
BRD-Groupe Societe Generale (BRD.RO), the second largest bank in Romania, targets this year a 4.5% increase on lending segment, a 7.2% hike on deposits segment, an increase in the net bankin...
BRD: Loan Demand Weak Despite Lowest Interests Ever
Philippe Lhotte, BRD chairman and chief executive officer of two and a half years, expects only a slight rise in lending business this year because demand remains weak despite the drop in in...
BRD Returns To Profit In 2014 On Lower Risk Costs
BRD-Groupe Societe Generale (BRD.RO), the second largest bank in Romania, returned to profit in 2014, after a record loss in the previous year, mainly due to a significant drop in risk costs...
Fitch Affirms Romanian Banks BRD, BCR, Garanti Bank
Fitch Ratings on Thursday affirmed BRD-Groupe Societe Generale and Banca Comerciala Romana long-term issuer default ratings at 'BBB+' and Garanti Bank long-term issuer default rating at 'BB+...
BRD 9-Month Net Profit Down To RON20M
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) reported a decrease of its profit for the first nine months, as the lender booked additional provisions in the third quarte...
Giovanni Luca Soma Gets Romania Central Bank’s OK For Membership In BRD Board
Giovanni Luca Soma, European director of International Retail Banking at Societe Generale Group, took over the position of member in the Executive Board of Romanian lender BRD-Groupe Societe...
BRD 1H Profit Doubles To RON123M As Provisions Fall
Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Friday said its net profit doubled on the year to 123 million lei (EUR27.83 million) in the first half,...
Société Generale Outsourcing Center In Romania Posts 50% Growth In 2013 Revenue
Société Generale European Business Services (SG EBS), the outsourcing center the French group opened in Romania to service its European division, posted a growth of more than 50% in turnover...
Large Banks In Romania Unable To Revive Lending In 1Q/2014
The ten large banks in Romania, with more than 3% market share, did not help revive lending in the first quarter of 2014 either, as the only one of the pack to have seen a significant increa...