Poupet, BRD: Risk quality and profitability are the principal targets

 “We have several priorities, such as quality of risk and profitability. We are not necessarily looking for volume or market share. We want sustainable, profitable and healthy development. If upon meeting these objectives we manage to become market leader on some segments or at the general level, I will be entirely satisfied, said Poupet for The Money Channel.

Patrick Gelin, Chairman of the BRD-Groupe Société Générale Board of Directors, said that these changes will not bring about major modifications for the bank, and indicated that “there will be no layoffs” in Romania. Gelin recently declared for Business Standard that “2009 was a difficult year, which does not offer a clear picture of the near future.”

The international economci context and decisions by the future Romanian government will be defining for the banking system’s “agony or ecstasy.”