BRD
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BRD Gets EUR30M From EBRD For Energy Efficiency On-Lending
The European Bank for Reconstruction and Development, or EBRD, will issue funding worth EUR30 million to Romanian lender BRD-Groupe Societe Generale (BRD.RO), for on-lending to small and med...
Alexandre Paul Maymat To Serve As BRD CEO Starting May
Romanian second largest bank BRD (BRD.RO), majority-owned by France’s Societe Generale, formally proposed Alexandre Paul Maymat for the position of chief executive officer, the lender said i...
BRD Starts Fight Over Market Share
BRD-SocGen, the second largest bank on the local market by assets and the best profit maker, will drop the strategy used in the past two years when it protected profitability at all costs, a...
BNR Clears New Deputy CEO At BRD
Romania’s central bank approved the appointment of Gheorghe Marinel as deputy chief executive officer of BRD-Groupe Societe Generale (BRD.RO).
Romanian Banking System Takes A Tentative Step Forward In 2011
The Romanian banking system, which consists of 41 banks, took a tentative step forward in 2011, managing to increase its assets by 3.5% and cut its aggregated loss from 516 million lei (EUR1...
BRD To Free Up Provisions Of RON1.5B After IFRS Adoption
Romanian second largest lender BRD- Groupe Societe Generale (BRD.RO) estimates will free up provisions worth some 1.5 billion lei (EUR350 million) following the adoption of the international...
BRD Sees Higher Bank Rates In Coming Months
Romanian bank interest rates are likely to increase in the coming period, despite the central bank’s monetary policy easing, the head of the country’s second largest lender BRD - Societe Gen...
BRD Net Profit Down 7% To RON465M In 2011
Romania’s second-largest lender BRD-Groupe Societe Generale (BRD.RO) Tuesday reported a net profit of 465 million lei (EUR109.7 million) for 2011, down 7% on the year, as the banking income...
BRD Shares Worth RON11M Sold On Bucharest Bourse's Deal Market
Two stakes in Romanian lender BRD-Groupe Societe Generale (BRD.RO) were sold Wednesday on the Bucharest Stock Exchange’s deal market for a total 10.9 million lei (EUR2.5 million).