Abstract:Founded in 1923, BRD Groupe Societe Generale SA is a Romanian Bank based in Bucharest, Romania. The majority of shares are owned by French Société Générale financial group who holds a stake of 59.37%. It was rebranded after the Société Générale Acquired Romania Development Bank from Romania Government from 1999. BRD focuses on three divisions: Retail Bank, Specialized Services and Corporate & Investment Banking.
Basic | Information |
Registered Country/Region | Romania |
Regulation | No License |
Founding Time | June 23, 1923 |
Industry | Money Centers Banks |
Products & Services | Cards and Accounts, Loans, Savings and Investment, Online Banking, Currency and Monetary Market, Capital Market, Custody, Storage, and more |
Ticker Symbol & Exchange | BRD (BSE) |
Market Cap | $1.6 B |
Trading Platform | N/A |
Payment Methods | N/A |
Customer Support | Telephone & Email Support |
General Information
Founded in 1923, BRD Groupe Societe Generale SA is a Romanian Bank based in Bucharest, Romania. The majority of shares are owned by French Société Générale financial group who holds a stake of 59.37%. It was rebranded after the Société Générale Acquired Romania Development Bank from Romania Government from 1999. BRD focuses on three divisions: Retail Bank, Specialized Services and Corporate & Investment Banking.
Products & Services
BRD Groupe Societe Generale SAs business activities comprise of retail banking, commercial banking, corporate banking, investment banking, financial markets, and bancassurance services. BRD offers daily banking, cards, loans, savings, and investments, remote banking, and insurance. The company also provides bills payment, national and institutional transfers, overdrafts, platinum card, employee package, phone banking, internet banking, operational leasing, financial leasing, consumer finance, fleet finance, fleet management, securities, and card insurance package policies. Besides, the company also provides products and services to individuals, small and medium sized enterprises, corporations and the public sectors.
Customer Support
If clients have any inquiries about this companys products and services, they can get in touch with BRD through the following contact channels:
Telephone: +4 021 302 6161
Email: mybrdcontact@brd.ro
Registered Address: Turn BRD Bd. Ion Mihalache 1-7, sector 1 BUCURESTI, 011171 Romania
Or they can also follow this company on some social media platforms, such as Facebook, Youtube.
Pros & Cons of BRD
Some advantages and disadvantages of BRD are clearly listed below:
Pros | Cons |
Long-established bank | Not regulated |
Complete banking services | Website only available in Romania and English |
24-hour clients emergency services | |
Online Banking Tools provided |
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.
Maxxi Markets is a forex broker founded in Comoros that offers traders access to a diverse range of financial instruments. With product offerings spanning commodities, forex, indices, metals, cryptocurrencies, and bonds, the broker caters to a wide spectrum of trading interests. Backed by the Mwali International Services Authority (MISA) under an offshore Retail Forex License (license number T2023425), Maxxi Markets combines innovative technology with varied account options to serve both novice and experienced traders.
Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.