BRD fined by Competition Council for obstructing investigation

BRD-Societe Generale is the only bank in the Romanian banking sector to have been fined by the Competition Council for obstructing the investigation, in a ranking of the highest fines given to Romanian-based multinational companies and other firms for breaking the anti-monopoly laws.The Council fined the BRD 19,482,890 lei in 2008, following an investigation into the banking and inter-banking services market, reveals statistic figures released by the national fair competition body ...

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