BRD Group Posts 20% Drop in Net Profit in 1Q, to RON240.7M

05.06.2020 By Oana Gavrila

BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, said Wednesday its net profit dropped 20% on the year in the first quarter of 2020, to RON240.7 million, influenced by cost of risk charge after the recognition of a specific COVID-19 crisis provision overlay.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: BRD GROUP; , EARNINGS; ,

Comment

Username:
Password: