BRD - Groupe Societe Generale S.A.

 (2.3 from 3 ratings)
2.3 3

BRD - Groupe Societe Generale (BRD) traces its roots back to 1923 when its ancestor, Societatea Nationala de Credit Industrial, was established. In December 1998, Société Générale Société Générale subscribed a 20% capital increase and purchased a stock that allowed it to own 51% of BRD's increased capital. In 2001, BRD was listed on the Bucharest Stock Exchange. In 2004, Société Générale purchased the residual stock held by the Romanian State in the capital of BRD. BRD operates as a universal bank providing retail and corporate banking products and services to individuals, SMEs and business entities. Through its subsidiaries BRD offers asset managament, insurance and pension solutions.

Financials

Total Assets (2018)
53,983.36 mln RON  (+1.25%)
Net Income (2018)
1,545.99 mln RON  (+12.00%)

BRD - Groupe Societe Generale S.A. is the 3rd largest bank in Romania in terms of total assets. In 2018 its total assets were 53 983,36 mln RON, providing the bank with the market share of 12.04%. In 2018 the bank's net income was 1 545,99 mln RON.

BRD - Groupe Societe Generale S.A. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa3 (lower medium grade).

BRD - Groupe Societe Generale S.A. participates in deposit guarantee scheme of Romania. This scheme covers accounts up to 100,000 EUR per bank per depositor.

BRD - Groupe Societe Generale S.A. is a member of Société Générale (France).

Contacts

Bd. Ion Mihalache nr.1-7, sector 1, 011171, BUCURESTI, Romania

BRD - Groupe Societe Generale S.A. is headquartered in BUCURESTI.

Bank Identifiers

BIC (SWIFT)
BRDEROBU
LEI
5493008QRHH0XCLJ4238
Company Number
361579
MFI ID
RORBPJR40007