Romania - BRD Groupe Société Générale to overtake the largest bank Banca Comercială Română (BRC)

Published: May 18, 2010; 00:00 · (Vindobona)

Ambitious goals for the Development Bank Romania (BRD): The second-largest institute of the country that belongs to the French Societe Generale (SG) wishes to ascend to the largest bank in Romania by 2015 - and thus pass “Erste” subsidiary BCR.

Plans are not surprising, but two years ago the financial crisis got in the way.

Ambitious goals for the Development Bank Romania (BRD): The second-largest institute of the country that belongs to the French Societe Generale (SG) wishes to ascend to the largest bank in Romania by 2015 - and thus pass “Erste” subsidiary BCR. BCR has long been the market leader in the newest…

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