Results 176 - 200 from 298 for "brd"
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Large Banks In Romania Unable To Revive Lending In 1Q/2014
06.09.2014
The ten large banks in Romania, with more than 3% market share, did not help revive lending in the first quarter of 2014 either, as the only one of the pack to have seen a significant increase in loan more
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SocGen Official: BRD Has Bottomed Out And Is Now On The Right Track
05.26.2014
BRD has coped with the crisis fallout in the past two years, but this does not mean it’s become a weak entity, says Bernardo Sanchez Incera, deputy chief executive officer of Societe Generale, the more
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BRD, Among U.S. Giant BlackRock’s Top Ten Investments
05.22.2014
Investment fund Frontiers Investment Trust, managed by US giant BlackRock, the world’s biggest money manager, has come to invest EUR6.7 million in the shares of BRD, Romania’s second largest bank more
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BRD: Romania’s Target Date For Euro Adoption Is Realistic
05.07.2014
Romania’s 2019 target date for the euro adoption is realistic, but the authorities must focus on measures that would take country on the path to the real convergence to the euro area, a senior more
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BRD 1Q Net Profit Triples On Lower Risk Costs
05.07.2014
Romanian lender BRD-Societe Generale (BRD.RO) Wednesday reported a first-quarter net profit of 37.48 million lei (EUR8.4 million), almost tripled from RON13.3 million in the year-earlier period, due more
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BRD Appoints Two New Board Members
04.17.2014
Romanian lender BRD-Groupe Societe Generale (BRD.RO) on Thursday appointed Giovanni Luca Soma and Aurelian Dochia in the bank’s Board, pending authorization from the central bank. more
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BRD's Factoring Operations Fall To EUR918M In 2013
04.17.2014
Romania’s second-largest bank BRD-Societe Generale (BRD) on Thursday said its factoring operations fell to EUR918 million in 2013 from over EUR1 billion a year earlier, amid declining activity on more
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Four Romanian Lenders To Set Up Banking Employer’s Association
04.04.2014
Romanian lenders Banca Comerciala Romana (BCR), BRD-Groupe SocieteGenerale, Raiffeisen Bank and UniCredit Tiriac Bank on Friday announced plans to set up the first banking employers’ association in more
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BRD Seeks Buyers For Two Hotels
04.03.2014
BRD is foreclosing on one of the largest hotels of Azuga, Cautis, and the starting price of the four-star unit stands at 12.8 million lei (EUR2.9 million). more
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CEC Bank Should Use Stock Market To Attract Capital, Says BRD
03.19.2014
Romanian state-run lender CEC Bank should consider listing its shares on the Bucharest Stock Exchange or issuing corporate bonds as a means to attract extra funds and support the local economy, an more
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BRD Expects Return To Profit In 2014 After Two Years Of Losses
03.14.2014
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) expects it will return to profit in 2014 after two consecutive years of losses, helped by a “normalization” of risk costs. more
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BRD Gets Additional RON320M Guarantees For First Home Loan Program
02.25.2014
Romanian lender BRD Groupe Societe Generale has received a new guarantee ceiling of RON320 million from the guarantee fund for SMEs and may grant a total RON640 million in mortgage loans under the more
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BRD’s Loan-Loss Provisions Rose More Than Expected In Q4 - CEO
02.12.2014
Romania’s second-largest bank BRD (BRD.RO) has booked more loan-loss provisions than initially estimated in the last quarter of 2013, chief executive Philippe Lhotte said Wednesday. more
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BRD Posts Loss Of RON385M in 2013
02.12.2014
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) Wednesday reported a loss of 385 million lei (EUR86 million) for 2013, mainly due to a rise in provisioning costs, while the more
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BRD Sogelease Has New CEO
02.03.2014
Jan Kotik took over as the new Chief Executive Officer (CEO) of BRD Sogelease at the end of 2013, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale. more
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BRD’s Online Banking Customers Up 50% On Year In 2013
01.21.2014
Romanian lender BRD Societe-Generale (BRD.RO) Tuesday said its internet-banking portfolio rose 50% to over 50,000 users in 2013, while the value of online transactions increased by some 40% on the more
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BRD To Lend EUR20 Million To SMEs Via JEREMIE Program
01.20.2014
Romanian lender BRD-Groupe Societe Generale (BRD.RO) will grant loans totaling EUR20 million to small and medium-sized enterprises based on a loan agreement signed with the European Investment Fund more
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Hidroconstructia Gets EUR60M Syndicated Loan To Finance Operations
01.14.2014
Romanian hydro energy construction company Hidroconstructia has taken a EUR60 million syndicated loan to finance working capital, the company said in a statement Tuesday. more
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BRD To Cofinance Bucharest City Hall Projects With Up To RON140M
01.09.2014
Romanian lender BRD-Groupe Societe Generale (BRD.RO) will lend up to RON140 million (EUR31 million) to co-finance certain projects of Bucharest City Hall via the Regional Operational Program (ROP) more
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BRD, Fondul Proprietatea Drive Bucharest Stock Market Down 2%
12.10.2013
The Bucharest stock exchange lost around 2% Tuesday, with BRD (BRD.RO) and Fondul Proprietatea (FP.RO) closing down 4.4% and 3.2%, respectively. more
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Carpathian Springs Borrows EUR14M From BRD To Extend Aqua Carpatica Production
12.10.2013
BRD Groupe Société Générale, Romania’s second largest lender by assets, has granted a loan of EUR14 million to Carpathian Springs to finance its current operations and extend the production more
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BCR, BRD Cut Exposure To Romania By Over RON8B In Past Year
11.15.2013
BCR and BRD, Romania’s top two lenders, continued the deleveraging process in the third quarter of the year. The fact that market leaders are narrowing their exposure to the corporate sector keeps more
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Fitch Affirms Romania's BCR And BRD At 'BBB+', Garanti Bank At 'BBB-'
11.14.2013
Fitch Ratings Wednesday affirmed its long-term issuer default ratings on Romanian banks Banca Comerciala Romana (BCR) and BRD-Groupe Societe Generale at ‘BBB+’ and on Garanti Bank Romania at more
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BRD 9-Month Profit Rises To RON51M As Costs Fall
11.07.2013
Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Thursday said its net profit rose almost five-fold on year to 50.5 million lei (EUR11.4 million) in the first more
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BRD Sogelease Has New Commercial Manager Starting October
10.16.2013
BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, has appointed Cosmin Baiu to the position of commercial manager starting October 1, the company said in a more