12.10.2013

BRD Groupe Société Générale, Romania’s second largest lender by assets, has granted a loan of EUR14 million to Carpathian Springs to finance its current operations and extend the production more

11.15.2013

BCR and BRD, Romania’s top two lenders, continued the deleveraging process in the third quarter of the year. The fact that market leaders are narrowing their exposure to the corporate sector keeps more

11.14.2013

Fitch Ratings Wednesday affirmed its long-term issuer default ratings on Romanian banks Banca Comerciala Romana (BCR) and BRD-Groupe Societe Generale at ‘BBB+’ and on Garanti Bank Romania at more

11.07.2013

Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Thursday said its net profit rose almost five-fold on year to 50.5 million lei (EUR11.4 million) in the first more

10.16.2013

BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, has appointed Cosmin Baiu to the position of commercial manager starting October 1, the company said in a more

10.02.2013

Romanian investment fund Fondul Proprietatea (FP.RO) has hired lender BRD Groupe-Societe Generale to provide custody and depository services for its assets, the fund’s manager Franklin Templeton more

09.25.2013

Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million. more

09.24.2013

The European Investment Bank has extended a EUR100 million credit line to Romanian lender BRD Groupe Societe Generale (BRD.RO) for on-lending to SMEs and mid-cap companies, the two banks said in a more

09.10.2013

BRD Finance, the local consumer lending division of BRD-Groupe Société Générale, has appointed Antoine Gabizon as general manager, to replace Bernard Histe who ended his term. more

08.01.2013

Romania’s second largest bank BRD-Groupe Societe Generale (BRD.RO) Thursday reported a first-half net profit of 62 million lei (EUR14 million), up 58% from the year-earlier period, as a 9% decrease more

07.22.2013

The most powerful foreign banker to have visited Bucharest in the past few years says he is confident in the rebound of the Romanian economy. more

07.18.2013

Moody's Investors Service on Wednesday downgraded the deposit ratings of the two largest banks in Romania, Banca Comerciala Romana and BRD-Groupe Societe Generale (BRD.RO), following the lowering of more

07.09.2013

London-based Aberdeen Asset Managers Limited on Tuesday announced it holds a 4.98% stake in Romanian lender BRD- Groupe Societe Generale (BRD.RO), down from 5.43% at the end of May. more

06.25.2013

The current fiscal climate in Romania doesn’t afford much space for massive public investment and the country’s only solution would be to become friendlier towards the markets, an official of BRD more

06.05.2013

Didier Luc Marie Dominique Colin has taken over as deputy general manager of Romanian lender BRD - Groupe Societe Generale (BRD.RO) after he got the nod from the Romanian central bank Monday, BRD said more

06.04.2013

Sorin Popa resigned as member in the Executive Board of Romanian lender BRD - Groupe Societe Generale (BRD.RO) Monday, June 3, the bank said in a statement Tuesday. more

05.31.2013

Comparisons between interest rates in Romania and the euro-zone are “inappropriate” as they do not take into account the “enormous disparities” between the risks and the structure of the two more

05.24.2013

Scottish investment management group Aberdeen Asset Management, which administers assets of EUR250 billion, has become BRD’s second-largest shareholder, after French Societe Generale, by taking over more

05.23.2013

Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more

05.09.2013

The exposure to Romania of French banking group Societe Generale, which controls the country's second largest lender BRD (BRD.RO), fell by EUR600 million (5.3%) in 2012, to EUR11.7 billion. more

05.07.2013

Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Tuesday said its net profit fell 84% to 13 million lei (EUR3 million) in the first quarter, hurt by weak more

04.15.2013

Romania’s Economy Ministry has received only one offer from brokerage houses for the upcoming listing of a 12% stake in state-run energy holding CE Oltenia, market participants told Mediafax Monday. more

04.15.2013

Romanian lender BRD Groupe Societe Generale granted mortgage loans totaling over EUR900 million under the government-backed First Home program, between the summer of 2009 and the end of the first more

04.01.2013

BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, said Monday it granted financing of EUR92 million in 2012, up 11% on the year, and signed 1,890 new contracts. more

03.15.2013

BRD Sogelease, a unit of French group Societe Generale in Romania, financed 388.8 million lei (EUR87.25 million) goods in 2012, up 17% from a year before, according to a report of BRD-Groupe Societe more