1. BRD - €230.8 million
BRD – Groupe Societe Generale’s 2009 net income stood at €230.8 million, calculated according to the International Accounting Standards. BRD achieved the biggest profit in the banking system but retains its second spot by assets, after BCR.
“2009 was an experiment, it was a year marked by macroeconomic uncertainties. In 2009, banks had to cope with unrelenting pressures to ensure the profitability of operations and minimize risks, while facing an extremely low demand for banking services”, said Guy Poupet (photo), chairman of BRD.
BRD halted its expansion last year, its network now comprising 930 outlets – the second largest network in Romania after CEC bank. The bank has also cut headcount by 3.8% from 9,443 to 9,080.
“2009 was an experiment, it was a year marked by macroeconomic uncertainties. In 2009, banks had to cope with unrelenting pressures to ensure the profitability of operations and minimize risks, while facing an extremely low demand for banking services”, said Guy Poupet (photo), chairman of BRD.
BRD halted its expansion last year, its network now comprising 930 outlets – the second largest network in Romania after CEC bank. The bank has also cut headcount by 3.8% from 9,443 to 9,080.