BRD – Groupe Société Générale

BRD – Groupe Société Générale 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.

Banca Română pentru Dezvoltare
Company typeSocietate pe Acțiuni
Traded as
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%)
Number of employees
7,000 (2020) 
Websitewww.brd.ro

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.

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