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BRD

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Carpathian Springs Borrows EUR14M From BRD To Extend Aqua Carpatica Production
Retail&Consumer

Carpathian Springs Borrows EUR14M From BRD To Extend Aqua Carpatica Production

BRD Groupe Société Générale, Romania’s second largest lender by assets, has granted a loan of EUR14 million to Carpathian Springs to finance its current operations and extend the production...

Ecaterina Craciun · 10.12.2013 · 15:26 · 1 min
BCR, BRD Cut Exposure To Romania By Over RON8B In Past Year
Banks-Insurance

BCR, BRD Cut Exposure To Romania By Over RON8B In Past Year

BCR and BRD, Romania’s top two lenders, continued the deleveraging process in the third quarter of the year. The fact that market leaders are narrowing their exposure to the corporate sector...

Tudor Ioana Raluca · 15.11.2013 · 00:00 · 6 min
Fitch Affirms Romania's BCR And BRD At 'BBB+', Garanti Bank At 'BBB-'
Banks-Insurance

Fitch Affirms Romania's BCR And BRD At 'BBB+', Garanti Bank At 'BBB-'

Fitch Ratings Wednesday affirmed its long-term issuer default ratings on Romanian banks Banca Comerciala Romana (BCR) and BRD-Groupe Societe Generale at ‘BBB+’ and on Garanti Bank Romania at...

Florentina Dragu · 14.11.2013 · 12:59 · 1 min
BRD 9-Month Profit Rises To RON51M As Costs Fall
Banks-Insurance

BRD 9-Month Profit Rises To RON51M As Costs Fall

Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Thursday said its net profit rose almost five-fold on year to 50.5 million lei (EUR11.4 million) in the...

Florentina Dragu · 07.11.2013 · 09:11 · 1 min
Proprietatea Fund Selects BRD As New Depository
Banks-Insurance

Proprietatea Fund Selects BRD As New Depository

Romanian investment fund Fondul Proprietatea (FP.RO) has hired lender BRD Groupe-Societe Generale to provide custody and depository services for its assets, the fund’s manager Franklin Templ...

Florentina Dragu · 02.10.2013 · 19:43 · 1 min
A&D Pharma Gets EUR190M Syndicated Loan From UniCredit, BCR And BRD
Banks-Insurance

A&D Pharma Gets EUR190M Syndicated Loan From UniCredit, BCR And BRD

Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million.

Oana Gavrila · 25.09.2013 · 14:24 · 1 min
EIB Lends EUR100M To Romania’s BRD To Finance SMEs, Mid-caps
Banks-Insurance

EIB Lends EUR100M To Romania’s BRD To Finance SMEs, Mid-caps

The European Investment Bank has extended a EUR100 million credit line to Romanian lender BRD Groupe Societe Generale (BRD.RO) for on-lending to SMEs and mid-cap companies, the two banks sai...

Florentina Dragu · 24.09.2013 · 16:37 · 1 min
BRD 1H Net Profit Rises 58% To RON62M
Banks-Insurance

BRD 1H Net Profit Rises 58% To RON62M

Romania’s second largest bank BRD-Groupe Societe Generale (BRD.RO) Thursday reported a first-half net profit of 62 million lei (EUR14 million), up 58% from the year-earlier period, as a 9% d...

Bogdan Neagu · 01.08.2013 · 11:20 · 1 min
Head Of Socgen: Time For BRD To Turn The Page And Return To Growth
Banks-Insurance

Head Of Socgen: Time For BRD To Turn The Page And Return To Growth

The most powerful foreign banker to have visited Bucharest in the past few years says he is confident in the rebound of the Romanian economy.

Oana Gavrila · 22.07.2013 · 00:00 · 4 min