My Romania > Brd societe generale picks new chief executive
[Romania Business News - ACTmedia.EU] BRD's current general manager and Chairman of the Board Patrick Gelin has decided to quit. In the first nine months, BRD Societe-Generale reported a 19% fall in its nine-month net profit to 660.2 million lei (EUR1=RON4.2496) on lower demand and growing non-performing loans.According to the latest data, Societe Generale owns a 59.28% stake in BRD, while the five Romanian regional investment funds, or SIFs, own around 5% each.
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