Bahrain-based Securities & Investment Company (Sico) has posted a net profit of BD5.4 million ($14.2 million) for fiscal year 2014 as against BD4.9 million for 2013, marking an increase of 11.3 per cent.
Operating income grew
The Fixed Income Fund of Bahrain’s Securities & Investment Company (Sico) delivered a return of 8.7 per cent compared with 6.9 per cent by its benchmark, the Barclays Emerging Markets GCC Bond Index in its first full year of operations
Securities & Investment Company (Sico), licensed by the Central Bank of Bahrain (CBB) as a conventional wholesale bank, has announced two new senior management appointments.
Anantha Narayanan, who joined Sico in 2008 as the he
Securities and Investment Company (Sico), licensed by the Central Bank of Bahrain as a conventional wholesale bank, has posted a net profit of BD6.85 million ($18 million) for the first nine months of the year, an increase of 110 per cent as com
Securities & Investment Company (Sico), a conventional wholesale bank in Bahrain, reported a 166 per cent increase in first half net profit to BD5.1 million ($13.52 million), compared to BD1.9 million during the same period in 2013.
A leading financial expert will discuss the issue of evaluating the market price of banking institutions at a key luncheon meeting being hosted by The Bahrain Association of Banks (BAB) tomorrow (June 24).
The BAB's quarterly
Securities and Investment Company (Sico), a Bahrain-based regional investment bank, yesterday announced its Khaleej Equity Fund has achieved a return of 203.9 per cent since its inception 10 years ago.
The Sico flagship fund outpe
Securities and Investment Company (SICO), a Bahrain-based conventional wholesale bank, has reported a strong start to the current fiscal year.
Net profit for the first quarter increased by 157 per cent to BD2.6 million ($6.89 mill
Bahrain-based regional investment bank Securities & Investment Company (SICO) has appointed Najla Al Shirawi as its new chief executive after getting approval from the board and shareholders.
Al Shirawi replaces Anthony Mallis
Regional investment bank Securities & Investment Company (Sico) said all its Bahrain Bourse-listed funds continued to perform robustly in contrast to peers and respective GCC benchmark indices.
The Bahrain-based bank's fla