Brd Groupe Societe Generale Sa (romania)BVB: BRD

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

· Issued by 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.

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