Main Menu

Newsletter

Newsletter Archive

CCE-R Partners

osec Business Network Switzerland Chamber of Commerce Switzerland Central - Europe (SEC) SwissCham

BRD – Groupe Société Générale

logo

Banking & Finances
Address: 1-7, Ion Mihalache Bd., RO-011716 Bucharest
Tel.: +40 21 301 61 21
Fax: +40 21 301 61 22
E-mail: communication@brd.ro
Web: www.brd.ro

Contact Persons

Petronel Chiva - Sales Manager

BRD – Groupe Société Générale is the second Romanian bank, having the second capitalization at the Bucharest Stock Exchange (EUR 5.5 billion at September 2007). The main shareholder of BRD is Société Générale, one of the most important banking groups in the Euro zone.
 
The Bank carries out its businesses in three key directions: Retail Banking, Corporate Banking, and Investment Banking.
 
BRD is committed to developing its good will on these three markets, by adopting a strategy of long term partnership with its customers. Its durable development strategy is based upon the three values common to all entities within the Société Générale Group: professionalism, innovation and team spirit.
 
The main objectives of BRD's development are:
  • Organization and procedures adapted to the strategy of its customers
  • Selective growth of its assets
  • Innovation
  • Decrease of the cost / income ratio
  • Durable profitability
2,300,000 retail customers:
  • Since its privatization, BRD has engaged into a voluntary development policy on the retail market, taking benefit from the synergy with the corporate customers.
  • Its market share varies between 17% and 23%, depending on its various products.
  • It is amongst the leaders of the banking card and consumer loans markets. The consumer credits at the selling place is carried out through its subsidiary BRD FinanceIFN
  • Its commercial offering is constantly growing in line with the living standard of the population.
  • Since September 2007 BRD is active on the private pension market through its subsidiary BRD Fond de Pensii
The reference bank of Romanian and international companies:
  • BRD has a rich and recognized expertise in company financing.
  • BRD is present in all the economic sectors and on all the markets: very small businesses, small and medium sized enterprises, large local or multinational corporations and local collectivities.
  • Besides the classic financing services, its product and service range covers fully the cash management, domestic and international factoring, financial and operational leasing through its subsidiaries BRD Sogelease IFN and ALD Automotive.
  • Benefiting of the Société Générale Group's support, BRD plays an important part in its relation with the foreign multinational companies.
Investment Banking:
  • As a major axis of its development, BRD is involved instructured financing, offering complex solutions to the public sector and a large number of enterprises.
  • Due to a tight cooperation with the business lines of Société Générale Group, BRD enjoys recognized expertise in investment banking, from structured financing to mergers& acquisitions.
  • Through a subsidiary, BRD Corporate Finance, the Bank provides the entire range of advisory services in the fields of privatization and M&A.
  • BRD\'s broker - BRD Securities– is one of the first companies on this market in Romania.
  • In addition, BRD is one of the two banks active on the bond market.
Asset management:
  • BRD has launched in 2001 the open investment fund Simfonia1, and in January 2006 BRD has launched, Concerto, an open diversified investment fund.
Key figures in September 2007:
  • More than 740 branches
  • Employees: approximately 8 200
  • Net Banking Income: EUR 522 M
  • Net profit : EUR 207 M
  • Total Loans: EUR 6.9 BIL
  • Total Deposits: EUR 7.1 BIL
  • More than 2,300,000 customers
  • More than 2,000,000 banking cards – more than 1100 ATM
Annual results (mil. EUR):
 
Activity 2003
2004
2005
2006
Total assets 2,003
3,052.2
5,384
8,538
Loans, net 1,209
1,747
2,820
5,534
Deposits 1,487
2,165
3,992
5,816
Net Banking Income 215
273
387
503
Net Profit 65
91
159
195
Shareholder’s Equity 290
382
523
707
ROE 25%
30%
38%
36%
Cost/Income Ratio 53%
48%
47%
49%
Employees 4,258
4,583
5,650
7,300
Branches 181
212
326
600
*Consolidatedfigures – with BRD Sogelease IFN and BRD Finance IFN for 2003 and 2004 and withBRD Sogelease IFN, BRD Finance IFN and BRD Securities for 2005 and 2006
 
Ratings:
 
Fitch IBCA
Short term foreign currency debt F2
Issuer Default Rating A-
Support 1
Long term rating perspective Stable
 
Moody’s
Long term rating Baa3
Short term rating Prime -3
Financial Strength D
Financial strength perspective Stable
 
Specialized subsidiaries:
 
BRD Finance IFN: consumer credits
BRD Sogelease IFN : financial and operational leasing
ALD Automotive: car fleet management
BRD Corporate Finance: consultancy, evaluation, mergers & acquisitions
BRD Secutities: brokerage
SG Asset Management BRD: asset management
BRD Fond de Pensii : private pensions
ECS International: IT equipment leasing
SOGEPROM Romania: real estate development and promotion
 
Contacts:
 
BRD – Groupe Société Générale
1-7 Ion Mihalache Bvd, 011171, Bucharest
Tel/fax: +40 21 301 61 00 /301.66.36
Email: communication@brd.ro

 

Future Events

IT-CH-NL Networking Event 2012-05-24
Radisson Blu Bucharest
Sika Romania - 10th anniversary 2012-04-26
Ambasad'Or Grand Ballroom Otopeni
CCE-R General Assembly 2012 2012-04-02
Bucharest, Swiss House
See all events

Advertising