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BRD

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BCR: In 2009, Erste Share Price Fell To EUR7 And Had No Negative Impact On Us
Banks-Insurance

BCR: In 2009, Erste Share Price Fell To EUR7 And Had No Negative Impact On Us

All mother groups of the Romanian top 10 banks have seen their share prices plummet over the past week, with lending institutions being indirectly hurt by the sovereign debt crisis.

Razvan Voican · 12.08.2011 · 00:00 · 1 min
Analysts Say Listed Banks Are Showing Signs Of Recovery
Banks-Insurance

Analysts Say Listed Banks Are Showing Signs Of Recovery

Analysts say there are signs of recovery in the results of listed banks, but have mixed opinions as to the growth potential of their shares, with some deeming them quite expensive.

Adrian Cojocar · 03.08.2011 · 00:00 · 3 min
Capital Market

SSIF Broker Cuts BRD, Banca Transilvania Target Prices

Romanian brokerage house SSIF Broker (BRK.RO) Tuesday revised downward its 12-month target price for lenders BRD-Groupe Societe Generale (BRD.RO) and Banca Transilvania (TLV.RO), citing unfa...

Florentina Dragu · 02.08.2011 · 14:05 · 1 min
BRD Remains Most Profitable Bank On The Market
Banks-Insurance

BRD Remains Most Profitable Bank On The Market

BRD-SocGen reported a net profit of 159 million lei (EUR38 million), up 30% on the first quarter, but around 5% lower than the result posted in the similar period of 2010.

Daniela Stoican · 02.08.2011 · 00:00 · 2 min
BRD's Net Profit Falls 23% To RON282M In First Six Months
Banks-Insurance

BRD's Net Profit Falls 23% To RON282M In First Six Months

BRD Societe-Generale (BRD.RO) on Monday reported a 23.3% drop in its first-half net profit to 282 million lei (EUR66.5 million), hurt by weak demand.

Florentina Dragu · 01.08.2011 · 10:41 · 1 min
Banks-Insurance

Austrian Banks Have Highest Exposure To Romania

Austrian banks had an almost EUR33 billion exposure to Romania at the end of last year, followed by Greek lenders, which were far behind, with assets worth EUR15 billion on the local market.

Ciprian Botea · 20.07.2011 · 00:00 · 1 min
Most Profitable And Also Cheapest Stock On The Bourse
Capital Market

Most Profitable And Also Cheapest Stock On The Bourse

Electroarges, Alumil and BRD are the listed companies boasting the highest return on equity (ROE) over the past five years.

Adrian Cojocar · 15.07.2011 · 00:00 · 1 min
Capital Market

BRD Stake Sold On Bucharest Deal Market For RON14.2M

A 0.14% stake in Romanian lender BRD-Groupe Societe Generale (BRD.RO) Friday was sold on the deal market of the Bucharest Stock Exchange, for 14.2 million lei (EUR3.4 million).

Andrei Cîrchelan · 08.07.2011 · 13:20 · 1 min
Banks-Insurance

Fitch Upgrades BCR, BRD and UniCredit Tiriac To ‘BBB+’

Fitch Ratings Thursday upgraded the long-term issuer default ratings of Banca Comerciala Romana (BCR), BRD - Groupe Societe Generale (BRD.RO) and UniCredit Tiriac Bank to 'BBB+' from 'BBB' f...

Florentina Dragu · 07.07.2011 · 20:18 · 1 min