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SOCGEN

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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
Deal With Impact On Romanian Car Leasing Market: SocGen’s ALD To Buy LeasePlan For EUR5 Billion
Automotive

Deal With Impact On Romanian Car Leasing Market: SocGen’s ALD To Buy LeasePlan For EUR5 Billion

Societe Generale SA’s car leasing division ALD SA has agreed to buy Dutch rival LeasePlan for EUR4.9 billion ($5.5 billion) to give it more scale as the auto rental market goes electric, the...

Ecaterina Craciun · 06.01.2022 · 18:00 · 1 min
François Bloch, BRD-SocGen: We Expect Drop In Number Of Banks In Romania
Banks-Insurance

François Bloch, BRD-SocGen: We Expect Drop In Number Of Banks In Romania

French executive François Bloch, who took the reins of BRD-SocGen, the second largest bank in Romania, expects consolidation of the Romanian banking system to continue because there are too...

Loredana Frățilă-Cristescu · 14.02.2017 · 00:00 · 1 min
SocGen Official: BRD Has Bottomed Out And Is Now On The Right Track
Banks-Insurance

SocGen Official: BRD Has Bottomed Out And Is Now On The Right Track

BRD has coped with the crisis fallout in the past two years, but this does not mean it’s become a weak entity, says Bernardo Sanchez Incera, deputy chief executive officer of Societe General...

Catalina Apostoiu · 26.05.2014 · 00:00 · 2 min
Former SocGen Deputy CEO Tasked With Turning BCR Around
Banks-Insurance

Former SocGen Deputy CEO Tasked With Turning BCR Around

Philippe Citerne, former deputy chief executive officer of Societe Generale, and the experts of US management consulting firm Bain&Co, once run by US presidential candidate Mitt Romney have...

Ecaterina Craciun · 25.02.2013 · 00:00 · 3 min
Austrian Banks Add EUR0.5B To Romanian Market, French Banks Withdraw EUR4.8B
Banks-Insurance

Austrian Banks Add EUR0.5B To Romanian Market, French Banks Withdraw EUR4.8B

Austrian banks increased their exposure to Romania in the first quarter of this year, while French and Greek banks reduced their financing lines, according to data from the Bank of Internati...

Claudia Medrega · 21.09.2011 · 00:00 · 2 min