BRD
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BRD Expects Return To Profit In 2014 After Two Years Of Losses
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) expects it will return to profit in 2014 after two consecutive years of losses, helped by a “normalization” of risk costs.
BRD Gets Additional RON320M Guarantees For First Home Loan Program
Romanian lender BRD Groupe Societe Generale has received a new guarantee ceiling of RON320 million from the guarantee fund for SMEs and may grant a total RON640 million in mortgage loans und...
BRD’s Loan-Loss Provisions Rose More Than Expected In Q4 - CEO
Romania’s second-largest bank BRD (BRD.RO) has booked more loan-loss provisions than initially estimated in the last quarter of 2013, chief executive Philippe Lhotte said Wednesday.
BRD Posts Loss Of RON385M in 2013
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) Wednesday reported a loss of 385 million lei (EUR86 million) for 2013, mainly due to a rise in provisioning costs, while th...
BRD’s Online Banking Customers Up 50% On Year In 2013
Romanian lender BRD Societe-Generale (BRD.RO) Tuesday said its internet-banking portfolio rose 50% to over 50,000 users in 2013, while the value of online transactions increased by some 40%...
BRD To Lend EUR20 Million To SMEs Via JEREMIE Program
Romanian lender BRD-Groupe Societe Generale (BRD.RO) will grant loans totaling EUR20 million to small and medium-sized enterprises based on a loan agreement signed with the European Investme...
Hidroconstructia Gets EUR60M Syndicated Loan To Finance Operations
Romanian hydro energy construction company Hidroconstructia has taken a EUR60 million syndicated loan to finance working capital, the company said in a statement Tuesday.
BRD To Cofinance Bucharest City Hall Projects With Up To RON140M
Romanian lender BRD-Groupe Societe Generale (BRD.RO) will lend up to RON140 million (EUR31 million) to co-finance certain projects of Bucharest City Hall via the Regional Operational Program...
BRD, Fondul Proprietatea Drive Bucharest Stock Market Down 2%
The Bucharest stock exchange lost around 2% Tuesday, with BRD (BRD.RO) and Fondul Proprietatea (FP.RO) closing down 4.4% and 3.2%, respectively.