BRD
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Romania Registers EUR7B MTN Program In Luxembourg
Romania has registered its euro medium-term financing program (EMTN – Euro Medium Term Note), worth up to EUR7 billion, with the Luxembourg stock exchange. Next Monday will see the start in...
Raiffeisen Says “Buy” BRD Stock, Keeps RON16.6 Target Price
Raiffeisen changed the recommendation for BRD-Groupe Societe Generale (BRD.RO) stock from “hold” to “buy”, just a week after downgrade, while maintaining the 12-month target price at 16.6 le...
BRD: Only Promotions Keep Retail Banking In Motion
Lending demand is still frail, as clients are still coping with uncertainty in terms of their income and jobs, and just the promotional campaigns manage to boost sales, says Adrian Jantea, r...
Raiffeisen Cuts BRD To Hold From Buy, Target Price Reduced To RON16.6
Romanian bank BRD-Groupe Societe Generale (BRD.RO) was downgraded to hold from buy at Raiffeisen Zentralbank Osterreich, following a slower than expected decline in risk costs, the Austrian...
Cosmescu, BRD: The Network Should Bring Clients, Risk Experts Should Find Solutions For Lending
"Bring clients" is the main target set for BRD's network this spring, says Roxana Cosmescu, recently appointed as an executive manager with the commercial pole of the network of BRD, the sec...
Romania Unlikely To Reach 2011 Budget Deficit Target - BRD
Romania’s recently adopted laws which aim at structural reforms are likely to improve long-term sustainability of public finances, but their short-term effect will probably be insufficient t...
BRD: Romania To Borrow EUR1.8B Via MTN Program in 2011
Romania's Finance Ministry will likely sell debt worth EUR1.8 billion via its planned medium term notes program in 2011, while the country’s full-year financing needs are estimated at around...
BRD 1Q Net Profit Falls 39% To RON122M
Romanian lender BRD Societe-Generale (BRD.RO) Tuesday reported a 38.7% drop in its first-quarter net profit to 122 million lei (EUR29.85 million), on lower net income, the bank said in its f...
BRD Pays Dividend Of RON0.18/Share
Shareholders of Romania’s second largest bank BRD-Groupe Societe Generale (BRD.RO) approved paying out a gross dividend of 0.17957 lei (EUR1=RON4.1021) from 2010 profit, 36% lower on the yea...