BRD – Groupe Société Générale

BRD - Groupe Société Générale SA
Company typePublic
BVB: BRD
IndustryFinance and Insurance
Founded19 June 1923 (1923-06-19)
HeadquartersBucharest, Romania
ProductsCommercial banking, Investment banking, Private banking, Asset management
€ 506 million (2019)
Total assets € 11.6 billion (2019)
Total equity € 1.7 billion(2019)
OwnerSociété Générale (60.17%)
Websitewww.brd.ro

BRD - Groupe Société Générale SA is a Romanian bank which is based in Bucharest, Romania. It was founded in 1923 and is currently the third largest bank by assets (about 10.9 bn €) in Romania.

The majority of shares are owned by French Société Générale financial group who holds a stake of 60.17%. It was rebranded after the Société Générale acquired Banca Română pentru Dezvoltare (English: Romanian Development Bank) from the Romanian Government in 1999.