BRD – Groupe Société Générale
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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. 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 ( en, Romanian Development Bank) from the Romanian Government in 1999. History Foundation In 1923, Societatea Națională de Credit Industrial was founded as a public institution. The National Bank of Romania held the majority with 30% of the share capital. After World War II and the Nationalization Law of June 1948, Societatea Națională de Credit Industrial was nationalized and became Banca de Credit pentru Investiții. BRD was founded in 1990 as a commercial bank by taking over assets of the former Investment Bank of Romania. Since 31 October 2012, the general manager of the BRD ...
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Bucharest
Bucharest ( , ; ro, București ) is the capital and largest city of Romania, as well as its cultural, industrial, and financial centre. It is located in the southeast of the country, on the banks of the Dâmbovița River, less than north of the Danube River and the Bulgarian border. Bucharest was first mentioned in documents in 1459. The city became the capital of Romania in 1862 and is the centre of Romanian media, culture, and art. Its architecture is a mix of historical (mostly Eclectic, but also Neoclassical and Art Nouveau), interbellum ( Bauhaus, Art Deco and Romanian Revival architecture), socialist era, and modern. In the period between the two World Wars, the city's elegant architecture and the sophistication of its elite earned Bucharest the nickname of 'Paris of the East' ( ro, Parisul Estului) or 'Little Paris' ( ro, Micul Paris). Although buildings and districts in the historic city centre were heavily damaged or destroyed by war, earthquakes, and even Nic ...
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Moody's
Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides international financial research on bonds issued by commercial and government entities. Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies. It is also included in the Fortune 500 list of 2021. The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments. These include government, municipal and corporate bonds; managed investments such as money market funds and fixed-income funds; financial institutions including banks and non-bank finance companies; and asset classes in structured finance. In Moody's Investors Service' ...
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Companies Listed On The Bucharest Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In Bucharest
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Of Romania
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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BRD Tower Bucharest
BRD Tower is a class A office building located in the city of Bucharest, Romania. It has 19 floors, containing a total of 37,000 m2 floor space, making it one of the largest office buildings in Bucharest. There are an additional 3 floors underground that serve as parking space. See also *BRD Tower Cluj-Napoca BRD Tower is the largest and highest office building in Cluj-Napoca, Romania. It was opened in 1997 and stands at 50 meters in height with 12 stories. See also *BRD Tower Bucharest BRD Tower is a class A office building located in the city of B ... References External linksOfficial site {{Tall buildings in Romania Skyscraper office buildings in Bucharest Société Générale Office buildings completed in 2003 ...
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BRD Tower Cluj-Napoca
BRD Tower is the largest and highest office building in Cluj-Napoca, Romania. It was opened in 1997 and stands at 50 meters in height with 12 stories. See also *BRD Tower Bucharest BRD Tower is a class A office building located in the city of Bucharest, Romania Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine t ... External linksOfficial site Skyscraper office buildings in Romania Buildings and structures in Cluj-Napoca Société Générale {{Tall buildings in Romania Office buildings completed in 1997 ...
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Piaţa Victoriei
Victory Square ( ro, Piața Victoriei, ) is one of the major public squares in Bucharest, Romania, an intersection where Calea Victoriei, Lascăr Catargiu Boulevard, Iancu de Hunedoara Boulevard, Kiseleff Boulevard, Ion Mihalache Boulevard, and Nicolae Titulescu Boulevard cross. History The Victory Square received its name in 1878, although it appeared in maps fifty years earlier, when the Kiseleff Road was cut. Initially, the square had an almost circular shape, edged by public buildings, the Antipa Museum (the western side), the Sturdza Palace (the eastern side), and the Building of the Public Officials Association (the southern side), the last two no longer existing. During the interwar period, the Victoria Palace is added in the Square, right behind the Sturdza Palace. On 24 and 25 August 1944, during World War II, after Romania started to fight together with the Allies in the wake of the coup d'état of 23 August, some buildings with important functions were bombarde ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly Temperate climate, temperate-continental climate, and an area of , with a population of around 19 million. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Roma ...
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Société Générale
Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense. Société Générale is France's third largest bank by total assets after BNP Paribas and Crédit Agricole. It is also the sixth largest bank in Europe and the world's eighteenth. It is considered a systemically important bank by the Financial Stability Board. From 1966 to 2003 it was known as one of the ''Trois Vieilles'' ("Old Three") major French commercial banks, along with Banque Nationale de Paris (from 2000 BNP Paribas) and Crédit Lyonnais. History 19th Century The bank was founded by a group of industrialists and financiers during the Second Empire on May 4, 1864. Its full name was ''Société Générale pour favoriser le développement du commerce et de l'industrie en France'' ("General Company to Support the Development of Commerce and Indus ...
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Asset Management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. IS ...
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