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BRD

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BRD Wants to Distribute RON980M Worth of Dividends from 2023 Profit
Banks-Insurance

BRD Wants to Distribute RON980M Worth of Dividends from 2023 Profit

BRD Soc Gen, Romania’s third largest lending institution by assets, is convening its shareholders to approve among others the distribution of RON980.5 million from 2023 profit under the form...

Liviu Popescu · 15.03.2024 · 09:36 · 1 min
BRD Wants to Distribute Dividends with 7.7% Yield
Banks-Insurance

BRD Wants to Distribute Dividends with 7.7% Yield

BRD SocGen, the third largest banking institution in Romania by assets, is set to convene its shareholders on April 25 to vote on the distribution of 60% of its 2023 net profit under the for...

Cristina Bellu · 08.02.2024 · 10:23 · 1 min
BRD 2023 Profit Up 27% YOY amid 13% Higher Revenues
Banks-Insurance

BRD 2023 Profit Up 27% YOY amid 13% Higher Revenues

BRD-SocGen, the third largest bank on the local market by assets, in 2023 generated RON1.63 billion net profit, 27% higher than in 2022, amid RON3.7 billion revenues, up 13%.

Cristina Bellu · 08.02.2024 · 10:12 · 1 min
Société Générale Looking Into Sale Of BRD
Banks-Insurance

Société Générale Looking Into Sale Of BRD

France’s Société Générale Group is looking into the opportunity of selling BRD, the third largest bank in Romania and hired JP Morgan to handle it, banking market sources say.

Loredana Frățilă-Cristescu · 01.02.2024 · 16:56 · 1 min
Vrancart Adjud Contracts EUR16M Financing From BRD For Solar Park Construction
Companies

Vrancart Adjud Contracts EUR16M Financing From BRD For Solar Park Construction

BRD has granted EUR16 million financing to corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) for the construction of a solar photovoltaic (PV) park with an installed power of 20.5 MW...

Ecaterina Craciun · 18.12.2023 · 21:13 · 1 min
Giovanni Luca Soma Leaves Position Of BRD-SocGen’s Chairman Of Board Of Directors
Capital Market

Giovanni Luca Soma Leaves Position Of BRD-SocGen’s Chairman Of Board Of Directors

Giovanni Luca Soma, the chairman of the Board of Directors of BRD-SocGen (BRD.RO), the third largest bank in Romania, has decided to withdraw from this position and from the Board of Directo...

Loredana Frățilă-Cristescu · 09.12.2023 · 09:00 · 1 min
Romania's Central Bank Greenlights Maria Rousseva's Appointment As CEO Of BRD
Banks-Insurance

Romania's Central Bank Greenlights Maria Rousseva's Appointment As CEO Of BRD

The National Bank of Romania approved the appointment of Maria Rousseva for the position of Chief Executive Officer (CEO) of BRD-Groupe Societe Generale, for a four-year term, in line with a...

Ecaterina Craciun · 22.11.2023 · 17:31 · 1 min
BRD Wants to Distribute Dividends with 5.5% Yield
Banks-Insurance

BRD Wants to Distribute Dividends with 5.5% Yield

BRD Soc Gen, Romania’s third largest lending institution, is convening its shareholders for December 14, 2023 to approve the distribution of RON643 million, namely 50% of the 2022 result, un...

Liviu Popescu · 03.11.2023 · 09:17 · 1 min
BRD Jan-Sept 2023 Net Profit Up 19.4% YOY on 11.4% Higher Net Banking Income
Banks-Insurance

BRD Jan-Sept 2023 Net Profit Up 19.4% YOY on 11.4% Higher Net Banking Income

BRD-SocGen, the third largest bank in Romania by assets, ended the first nine months of 2023 with a RON2.72 billion net banking income, up 11.4% from the year-earlier period, while net profi...

Cristina Bellu · 03.11.2023 · 09:06 · 1 min