BRD - Groupe Societe Generale S.A.

 (2.3; 3 ratings)
2.3 3
Business Focus
universal banking

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.

Ways to Bank

BRD - Groupe Societe Generale S.A. delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of BRD - Groupe Societe Generale S.A.
Net_income of BRD - Groupe Societe Generale S.A.
Market Share of BRD - Groupe Societe Generale S.A.
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.

Credit Ratings

Fitch: BBB+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Baa3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

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).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Bank Deposit Guarantee Fund (FGDB)
Covered Depositors
natural persons
legal entities
Covered Accounts
any credit balance

BRD - Groupe Societe Generale S.A. participates in the deposit guarantee scheme of Romania. This deposit guarantee scheme applies to any credit balance made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. BRD - Groupe Societe Generale S.A. is a member of Bank Deposit Guarantee Fund (FGDB) and makes its contributions into it.

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

Bank Supervision

Supervised By
National Bank of Romania

BRD - Groupe Societe Generale S.A. is authorized and supervised by the National Bank of Romania.

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See Also

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