Tag Archives: BRD

BRD ended the first three months of 2018 with net profit of RON 414 million, up by 25.6 percent year-on-year on healthy revenue generation, quasi stable operating expenses and positive cost of risk, a press release informs. “The first quarter ...

Netcity Telecom just got from BRD and BCR an increase of the EUR 36 million club loan obtained at the end of 2016, through a new facility of EUR 10 million, a press release informs. The loan facility will be ...

BRD Group registered very robust profitability last year. Net profit amounted to RON 1,415 million in 2017, up 85.3 percent yoy, leading to return on equity of 20.1 percent compared to 11.8 percent in the previous year, a press release ...

BRD Group recorded a very strong profitability in the first nine months of 2017, the net profit reaching RON 1,066 million, up by 75.8 percent yoy, leading to a return on equity of 20.5 percent compared to 12.5 percent in ...

The National Authority for Consumer’s Protection (ANPC) has fined 15 banks with total amounts of over RON 500,000 for unfair commercial practices regarding advertising activities, asking them to cease these practices, to rectify the contracts already concluded, to return the ...

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of Banca Comerciala Romana S.A. (BCR) and BRD-Groupe Societe Generale S.A. (BRD) at ‘BBB+’, UniCredit Bank S.A. (UCBRO) at ‘BBB-‘ and Banca Transilvania S.A. (BT) at ‘BB’, a press release ...

Caroli Foods Group, one of Romania’s leading producer of packaged meat products, and recently bought by the Mexico-based food group Sigma Alimentos, gets EUR 23 million through a syndicated loan from BCR and BRD for the extension of production facilities, ...

Private mandatory pension funds had assets worth about RON 37.197 billion on July 31, 2017, up by 3.09% against June 30, 2017, the Financial Supervisory Authority (ASF) informs. The state securities hold the largest share in the assets, of RON ...

BRD Group recorded a significant increase in profitability in the first half of the year, the net result reaching RON 750 million, almost doubled (+96.8 percent) compared to H1 of 2016, leading to a return on equity of 22.1 percent ...

BRD 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, ...