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BRD, TEN YEARS OF INTERNATIONALLY RECOGNIZED EXCELLENCE IN CUSTODY SERVICES

01 Jul 2025

Press release

Bucharest, July 1st , 2025

 

For the tenth consecutive year, BRD Groupe Societe Generale has been named “Best Sub-Custodian Bank in Romania” by the American publication Global Finance, as part of the 23rd edition of the international “Best Sub-Custodian Bank Awards.”

This award confirms BRD’s leading position in the Romanian custody services market, as well as the bank’s commitment to operational excellence, innovation, and adapting to the increasingly complex demands of the global financial market.

“In an international context marked by accelerated digitalization, increasingly sophisticated regulations, and growing demands from institutional investors, this award is a validation of our ongoing efforts to provide custody services at the highest standards. We are honored to receive this Global Finance award for the tenth consecutive year and reaffirm our commitment to supporting the development of the Romanian capital market through solid infrastructure, local expertise, and international partnerships,” said Claudiu Cercel, Deputy CEO and Head of Financial Markets at BRD.

“I extend my thanks to the entire team for the professionalism, rigor, and dedication that made this performance award in custody services possible. It is a well-deserved recognition of collective excellence, which strengthens our clients’ trust and contributes to BRD’s solid reputation in the custody and depositary services market,” said Claudia Gabriela Ionescu, Head of the Securities Division, BRD Groupe Societe Generale.

The selection made by Global Finance was based on a rigorous analysis of the performance of financial institutions between January 1 and December 31, 2024, including criteria such as the quality of client relationships, post-settlement operational efficiency, pricing competitiveness, technological platforms, business continuity plans, and knowledge of local regulations. Client feedback from those using custody services was also taken into account.

About BRD Groupe Société Générale 

BRD Groupe Société Générale operates a network of 358 branches. As of the end of March 2025, the bank’s total assets amounted to RON 85.6 billion.

BRD is part of Société Générale Group, one of Europe’s leading financial services groups and a major player in the economy for over 160 years. The Group has 119,000 employees in 62 countries and more than 26 million customers worldwide and is built on three complementary business lines, embedding ESG offerings for all its clients:

- French Retail, Private Banking and Insurance

- Global Banking and Investor Solutions

- Mobility, International Retail Banking and Financial Services

www.brd.rolinkedin

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