BRD Groupe Societe-Generale appointed François José Aldeguer as its new Deputy CEO after his nomination was approved on July 13, 2017 by the National Bank of Romania (BNR), as a press release informs.
As at March 31, 2017 the bank had 810 branches compared to 829 branches year-on-year, ensuring the distribution of its products and services throughout the whole country.
At the same time, its number of active individual customers rose by almost 68,000 compared to March 31, 2016, reaching 2.15 million customers.
BRD held a market share of 12.9 percent of total assets at end-December 31, 2016.
Local subsidiary of French Groupe Societe-Generale posted a very strong increase in net profit to RON 330 million in first quarter of 2017 (4.5x vs. Q1 2016) on positive net cost of risk, backed by improved net interest income and strict monitoring of operating expenses.