BRD
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Moody's Cuts Ratings Of BCR And BRD
Moody's Investors Service on Wednesday downgraded the deposit ratings of the two largest banks in Romania, Banca Comerciala Romana and BRD-Groupe Societe Generale (BRD.RO), following the low...
Aberdeen Asset Managers’ Stake In BRD Down To Below 5%
London-based Aberdeen Asset Managers Limited on Tuesday announced it holds a 4.98% stake in Romanian lender BRD- Groupe Societe Generale (BRD.RO), down from 5.43% at the end of May.
BRD: Romania Doesn’t Afford Much Fiscal Space For Public Investment
The current fiscal climate in Romania doesn’t afford much space for massive public investment and the country’s only solution would be to become friendlier towards the markets, an official o...
BRD Has New Deputy General Manager
Didier Luc Marie Dominique Colin has taken over as deputy general manager of Romanian lender BRD - Groupe Societe Generale (BRD.RO) after he got the nod from the Romanian central bank Monday...
Sorin Popa Resigns From Lender BRD’s Managing Board
Sorin Popa resigned as member in the Executive Board of Romanian lender BRD - Groupe Societe Generale (BRD.RO) Monday, June 3, the bank said in a statement Tuesday.
BRD VP: Euro And Leu Market Rates Reflect The Key Rate Difference
Comparisons between interest rates in Romania and the euro-zone are “inappropriate” as they do not take into account the “enormous disparities” between the risks and the structure of the two...
Scottish Aberdeen Asset Management Says It Believes In BRD’s Potential
Scottish investment management group Aberdeen Asset Management, which administers assets of EUR250 billion, has become BRD’s second-largest shareholder, after French Societe Generale, by tak...
Raiffeisen Becomes Romania's Most Profitable Bank In 2012
Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit.
Societe Generale Cut Exposure To Romania By EUR600M Last Year
The exposure to Romania of French banking group Societe Generale, which controls the country's second largest lender BRD (BRD.RO), fell by EUR600 million (5.3%) in 2012, to EUR11.7 billion.