BRD
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Rumor Mill: Bankers Whose Tenures Will Be Extended In 2012
2011 is ending with several announcements regarding the top management teams of the top two Romanian banks – BCR and BRD, as well as with rumors and speculations concerning prospective new m...
BRD Boss: 2012 Will Resemble 2011, Economy Remains Sluggish
2012 will be another difficult year, it will probably resemble 2011 and will not bring any spectacular developments, said Guy Poupet, chairman of BRD-SocGen, the second largest bank on the m...
Moody’s Puts BRD On Review For Downgrade
Moody's Investors Service placed under review for downgrade the ratings of Romanian bank BRD-Groupe Societe Generale (BRD.RO), following the recent downgrade of French parent bank's ratings.
SocGen Wants To Implement BRD’s Strategy In Other Countries Too
French financial group Societe Generale will seek to implement BRD’s commercial and retail strategy on other markets as well, a strategy that brought it major earnings and helped it during t...
EBRD Could Lend Up To EUR30M To BRD
The European Bank for Reconstruction and Development is considering extending Romania’s lender BRD two credit lines amounting to up to EUR30 million to finance energy saving projects.
BRD Reshuffles Management: New CEO In 2012, Sorin Popa Promoted Within SocGen
The delegate general manager of Romanian lender BRD-Groupe Societe Generale (BRD.RO), Sorin Popa, will be promoted on January 2 to Paris headquarters, tasked with the commercial development...
BRD To Replace CEO - Sources
The chief executive officer of Romanian lender BRD-Groupe Societe Generale (BRD.RO), Guy Poupet, will be replaced with Alexandre Maymat, regional director of the Cameroon branch of Societe G...
Both Government Spending And Loans Will Shrink In 2012: So How Do We Boost The Economy?
The big question in 2012 is how do we inject “financial substance” into the economy when the current fiscal policy sends out a procyclic impulse toward contraction, while bank loans are gett...
BRD Buys Back RON735M Bonds And Prepares EMTN
BRD-Societe Generale (BRD.RO), the second-largest bank on the local market, will on December 12 buy back RON735 million worth of bonds issued five years ago at a fixed interest rate of 7.75%...