Home / Tag Archives: BRD

Tag Archives: BRD

BRD recorded a net profit of RON 414 M pc in Q1

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 ...

Read More »

BRD’s net profit in 2017, up by 85 pc yoy

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 ...

Read More »

BRD exceeds RON 1 bn threshold in net profit, after 9 months

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 ...

Read More »

Authority for Consumer’s Protection fines 15 banks for deceiving advertising

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 ...

Read More »

Fitch affirms 4 Romanian banks’ IDRs

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 ...

Read More »

Pension Pillar II, 3pc increase of total assets in July

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 ...

Read More »

BRD doubles its profit in H1 to RON 750 M

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 ...

Read More »

BRD’s net profit in Q1 has increased fourfold

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, ...

Read More »