Global Finance : BRD Groupe Société Générale Is The Safest Bank In Romania

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21 Dec 2014

American magazine “Global Finance” published in its November issue the top of the safest banks in the world.According to it, BRD Groupe Société Générale is the safest bank in Romania.

The eligibility criteria to be included in the pool of analyzed banks are the ranking between the largest 1000 banks in the world according to asset size and the long term FX debt rating granted by one of the three major rating agencies (S&P, Fitch, Moody’s).

This is the second award BRD receives this year from Global Finance, after the « Best FX Provider » award, which distinguishes the best liquidity providers on local and international FX markets.

In the top also appear the Czech subsidiary of Societe Generale, Komercni Banka, 2nd in the top of Central and Eastern Europe’s safest banks, and the Bulgarian subsidiary of Societe Generale, Expressbank, the safest bank in Bulgaria.

Founded in 1987,’’Global Finance” magazine is specialized on banking and finance.’’Global Finance” awards the best financial institutions around the world.

Please find more information here and here.

BRD-Groupe Société Générale is the second bank in Romania in terms of assets and the no. 1 bank in the Romanian syndicated loans market. BRD - Groupe Société Générale has around 2.2 million customers and operates a network of approximately 870 branches. With approx 2.3 million valid cards and a network acceptance over 24,000 POS, and 1,500 ATMs, BRD is no. 1 on the Romanian card market. With factoring operations of EUR 918 million in 2013, BRD is the leader of the Romanian factoring market.

BRD is part of Société Générale Group, one of the largest European financial services groups. The group has 148,000 employees in 76 countries and 32 million customers worldwide in its three key activities:

•   Retail banking in France
•   International retail banking, financial services and insurance
•   Corporate & Investment banking, private banking, asset management and investor services

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Global Finance : BRD Groupe Société Générale Is The Safest Bank In Romania