Best Bank:
Romanian Bank for Development
Best debt house:
ING
Best Equity house:
ING
Best M&A house:
ING Barings
The takeover of the Romanian Bank for Development (BRD) by Société Générale in March 1999 has been described as the best thing that could have happened to the Romanian banking system.
Although BRD cannot be put on an equal footing with the other best banks of the region, it has gone further down the path of transition than any other Romanian bank.
BRD is the second-largest bank in Romania after the state-owned Romanian Commercial Bank (BCR).
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