BRD
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BRD Appoints New CEO. SocGen's Bulgarian Unit's Head To Take Over As Of September 1
Romania's second largest bank BRD-Groupe Societe Generale (BRD.RO) decided Friday to appoint Philippe Lhotte as the bank's chief executive officer and acting member of the Board starting Sep...
BRD Designated CEO Gives Up Position, No New Candidate Yet
Romanian second largest bank BRD (BRD.RO), majority-owned by France’s Societe Generale, Monday announced that its chief executive officer-nominate Alexandre Paul Maymat has decided to give u...
Moody's Cuts BRD's Ratings Following SocGen's Downgrade
Moody's Investors Service has taken rating actions on five subsidiaries of Societe Generale (SocGen), including Romania's second-largest lender BRD-Groupe Societe Generale (BRD.RO), followin...
BRD VP: Failure Of T-Bill Auction May Be Linked To Hidroelectrica Insolvency
The failure of Romania's treasury bill auction earlier this week can partially be the result of the announcement of Hidroelectrica's insolvency, which kept some banks out or made them demand...
BRD Factoring Revenue Up 53% To EUR900M In 2011
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) reported revenue from factoring operations of over EUR900 million in 2011, up 53% on the year, securing a 35% share on the...
Banca Transilvania Beats BCR And BRD In Terms Of Profit
Banca Transilvania was the most profitable top three bank in the first quarter and the only one to have posted asset growth, as the economy remained difficult.
BRD 1Q Net Profit Falls 39% To RON83M
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) Monday reported a 39% drop in first-quarter net profit, as an increase in risk costs offset the improvement in operating in...
BRD Pays Dividend Of RON0.167/Share From 2011 Profit
Romanian second largest bank BRD (BRD.RO), majority-owned by France’s Societe Generale, Thursday approved paying out a gross dividend of 0.1669 lei (EUR0.038) a share from the 2011 profit, d...
BRD Cuts Romanian Economic Growth Forecast To 1.9% In 2012
Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.9% in 2012, from 2.1% previously, saying it expects a slowd...