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
Bahrain-based Securities and Investment Company (Sico) has reported a consolidated net profit of BD5.1 million ($13.5 million) for last year, up 76 per cent when compared to BD2.9 million registered in 2012.
The bank's operati
Bahrain-based Securities & Investment Company (Sico) has registered a 99 per cent increase in net profit for the nine months ended September 30 at BD3.37 million ($9 million).
This compares with BD1.69 million for the correspo
Bahrain-based regional investment bank Securities and Investment Company (Sico) has announced the launch of its new research portal and revamped group website.
The initiative provides a further value-added service to Sico clients,
Bahrain-based regional investment bank Securities and Investment Company (Sico) saw net profit rise 71 per cent in the first half of the year to BD1.92 million ($5.06 million) from BD1.12 million in the first six months of 2012.