Tag Archives: BRD

The Finance Ministry has tried to get loans on Monday amounting to RON 400 million from commercial banks on the domestic market. The 7 primary dealers submitted several offers of about 30% of the demanded amount, but the ministry turned ...

The Bucharest Stock Exchange is again in chaos, on Thursday, after a slight recovery in the first ten minutes of transactions. At 13:00h, immediately after the announcement that the Government ordinance that introduces new fiscal measures targeting, in particular, the ...

The volume of transactions on the Bucharest Stock Exchange (BVB) has exceeded RON 1 billion Wednesday afternoon at 16.00h, with BRT Index falling by 11.76%, whereas some listed companies having the lower variation limit set at 25%. BET Index has ...

Vodafone Romania, OMV Petrom, Banca Transilvania and Auchan are considered the best employers in 2018, according to a survey conducted by the BestJobs recruiting platform, after assessing 100,000 employees. The BestJobs top ranks the employers by the evaluations of their ...

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 ...