BRD – Groupe Société Générale
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BRD – Groupe Société Générale
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 () 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 is Philippe Charles Lhotte. ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Moody's
Moody's Ratings, previously and still legally known as Moody's Investors Service and 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 Ratings 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 Ratings 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 struct ...
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Companies In The BET-20
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and 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 duties according to the publicly declared incorporation pu ...
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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. As 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 ancien ...
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BRD Tower Cluj-Napoca
BRD Tower is a high-rise office building in Cluj-Napoca, Romania. It was inaugurated in 1997 and stands at tall with 12 stories and currently serves as the headquarters of the Romanian BRD bank filiale of Cluj-Napoca. See also *Contemporary architecture in Cluj-Napoca *List of tallest buildings in Romania This is a list of high rise buildings in Romania, itemizing buildings in Romania that are or taller. This overlaps with topic of more complete List of tallest buildings in Bucharest, which lists 52 buildings or taller in Bucharest alone. For oth ... References External linksOfficial site Skyscraper office buildings in Romania Buildings and structures in Cluj-Napoca Société Générale Office buildings completed in 1997 1997 establishments in Romania 20th-century architecture in Romania {{Romania-struct-stub ...
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Piaţa Victoriei
Victory Square (, ) 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 bombarded by Nazi Germany, ...
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