BRD
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François Bloch To Step Down As CEO Of BRD Starting September 26, 2023
BRD, the second largest bank at the Bucharest Stock Exchange (RON10.2 billion) and the third largest bank by assets (RON71.5 billion in 2022), announced in a stock market report Wednesday ev...
CEC Bank Completes Takeover Of Rural Credit Guarantee Fund From BRD, BCR And Raiffeisen Bank
Romanian state-owned lender CEC Bank announced that it completed the acquisition of a 99.993% ownership stake in the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banc...
Poland’s Ferro Group Borrows EUR15M from BRD
Novaservis Ferro Group, the subsidiary of Poland’s sanitary ware and heating solutions provider Ferro Group, which has a regional presence in Central and Eastern Europe and manufacturing fac...
Fitch Revises Outlooks On Romanian BCR And BRD To Stable, Affirms IDRs At 'BBB+'
Fitch Ratings has revised the outlooks on Banca Comerciala Romana S.A.'s (BCR) and BRD-Groupe Societe Generale S.A.'s (BRD) Long-Term Issuer Default Ratings (IDRs) to stable from negative an...
BRD: Dividend Granting Won’t Be Proposed For Shareholder Approval Amid Prudence Recommendations
BRD, the third largest credit institution in Romania after Banca Transilvania and BCR, said in its financial report for 2022, sent to the Bucharest Stock Exchange, that it would not propose...
BRD Names Madalina Teodorescu As Deputy CEO Retail
BRD - Groupe Société Générale S.A. said in a stock market report on Tuesday (Feb 7) that its Board of Directors appointed Madalina – Otilia Teodorescu to the position of Deputy CEO Retail, f...
Speedwell Gets EUR24.3M Loan From BRD To Erect Two New Residential Buildings In Timisoara
Belgian real estate developer Speedwell has contracted financing worth EUR24.3 million from BRD Groupe Societe Generale in order to construct two green residential buildings in Romania’s wes...
BRD Pensii Reiterates Commitment to Pension Business
The priority for BRD Pension Fund in 2023, as before, is the responsible management of the company's private pension funds, BRD Pension said in a response to ZF’s request for comment on a po...
BRD Jan-Sept 2022 Profit Up 12.5% To RON998M from Year-Earlier Period
BRD-SocGen, the third largest bank in Romania by assets, ended the first nine months of 2022 with RON2.44 billion net banking income, up 11.6% from the year-earlier period, while net profit...