In 1990, the monopoly from which the specialised banks benefited in their field ended. Banca Romana pentru Dezvoltare was established as a commercial bank and took over the assets and liabilities of Banca de Investitii. The bank received a general operating permit.
In December 1998, an agreement was signed between Société Générale and Fondul Proprietatii de Stat (the authority that managed the state's holdings), through which Société Générale subscribed a 20% capital increase and purchased a stock that allowed it to own 51% of BRD's increased capital.