The story
Foundation
In 1923, Societatea Națională de Credit Industrial was founded as a public institution. The National Bank of Romania held the majority with 30% of the share capital.
After World War II and the Nationalization Law of June 1948, Societatea Națională de Credit Industrial was nationalized and became Banca de Credit pentru Investiții.
BRD was founded in 1990 as a commercial bank by taking over assets of the former Investment Bank of Romania.
Since 31 October 2012, the general manager of the BRD is Philippe Charles Lhotte. He replaced Alexandre Paul Maymat who stepped down due to family reasons.
In July 2013, Moody's downgraded the BRD's ratings to Ba2/Not-Prime from Baa3/Prime-3, following the lowering of the bank's baseline credit assessment (BCA) to b2 from ba3.
From Wikipedia’s article on BRD – Groupe Société Générale, shared under CC BY-SA 4.0.5