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BRD: Strong lending and deposit growth offset by higher costs and new taxes, with solid asset quality

BRD: Strong lending and deposit growth offset by higher costs and new taxes, with solid asset quality

Brd Groupe Societe Generale Sa (romania)October 31, 20245
BRD: Strong lending and deposit growth offset by higher costs and new taxes, with solid asset quality

About this update from Brd Groupe Societe Generale Sa (romania)

Net profit fell 10.9% y/y to RON 1,094m as lending and deposits grew strongly, but new taxes and higher costs weighed on results. Asset quality and capital ratios remain robust, supporting continued business growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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