In the early 20th century, the CGRD commissioned a prominent head office building in the downtown banking district of Brussels, designed by architect Paul Saintenoy and completed in 1911.
[3] In 1935, Belgian banker Charles Fabri [fr], a former general manager of the Banque d'Outremer,[4]: VI became the CGRD's controlling shareholder by acquiring an equity stake previously held by the Société Générale de Belgique as the latter spun off most of its banking operations as the Générale de Banque.
[5]: 44–45 In 1939, a year after Fabri's death, the bank fell into financial distress, in a context of generally adverse conditions in Belgium and specifically linked with the failure of the Amsterdam branch of Mendelssohn & Co., in which Fabri had made significant investments.
[2]: 32 In 1947, the BRD created an affiliate in the Belgian Congo, the Société Congolaise de Banque.
Instead, the BRD was taken over by the Banque Lambert, providing a basis for the latter's dynamic expansion in subsequent years.