BRD
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SocGen Official: BRD Has Bottomed Out And Is Now On The Right Track
BRD has coped with the crisis fallout in the past two years, but this does not mean it’s become a weak entity, says Bernardo Sanchez Incera, deputy chief executive officer of Societe General...
BRD, Among U.S. Giant BlackRock’s Top Ten Investments
Investment fund Frontiers Investment Trust, managed by US giant BlackRock, the world’s biggest money manager, has come to invest EUR6.7 million in the shares of BRD, Romania’s second largest...
BRD: Romania’s Target Date For Euro Adoption Is Realistic
Romania’s 2019 target date for the euro adoption is realistic, but the authorities must focus on measures that would take country on the path to the real convergence to the euro area, a seni...
BRD 1Q Net Profit Triples On Lower Risk Costs
Romanian lender BRD-Societe Generale (BRD.RO) Wednesday reported a first-quarter net profit of 37.48 million lei (EUR8.4 million), almost tripled from RON13.3 million in the year-earlier per...
BRD Appoints Two New Board Members
Romanian lender BRD-Groupe Societe Generale (BRD.RO) on Thursday appointed Giovanni Luca Soma and Aurelian Dochia in the bank’s Board, pending authorization from the central bank.
BRD's Factoring Operations Fall To EUR918M In 2013
Romania’s second-largest bank BRD-Societe Generale (BRD) on Thursday said its factoring operations fell to EUR918 million in 2013 from over EUR1 billion a year earlier, amid declining activi...
Four Romanian Lenders To Set Up Banking Employer’s Association
Romanian lenders Banca Comerciala Romana (BCR), BRD-Groupe SocieteGenerale, Raiffeisen Bank and UniCredit Tiriac Bank on Friday announced plans to set up the first banking employers’ associa...
BRD Seeks Buyers For Two Hotels
BRD is foreclosing on one of the largest hotels of Azuga, Cautis, and the starting price of the four-star unit stands at 12.8 million lei (EUR2.9 million).
CEC Bank Should Use Stock Market To Attract Capital, Says BRD
Romanian state-run lender CEC Bank should consider listing its shares on the Bucharest Stock Exchange or issuing corporate bonds as a means to attract extra funds and support the local econo...