Romania: BRD Group Societe General with High Expectations
The Romanian lender intends to increase its lending by four percent in 2014.
BRD Groupe Societe Generale intends to boost its lending activity considerably with the aid of increased demand from the corporate sector as lending the retail area is still modest, according to the budget approved for this year during the annual general meeting, which took place last week.
BRD expects lending to increase 4 percent to RON 28.9bn (€ 6.4bn) this year. However,…