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NBB increases its shareholding in Sico to 21.07pcThe National Bank of Bahrain (NBB) has announced that it has increased its shareholding in Sico from 12.51% to 21.07%. The NBB Group continues to seek strategic opportunities that contribute to elevating More… |
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SICO Capital announces new Board of DirectorsSICO Capital, a subsidiary of SICO BSC (c), a Bahrain based Wholesale Bank licensed by Central Bank of Bahrain and a leading provider of asset management, brokerage and investment banking in KSA, has announced its new Board of Directors. More… |
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SICO, Oman’s Tanmia to launch $126m ‘Tanmia Liquidity Fund’SICO, a leading regional asset manager, has partnered with Oman National Investment Development Company ‘Tanmia’, to launch the $126 million ‘Tanmia Liquidity Fund’. Inaugurated at the M More… |
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SICO named Best Investment Bank in BahrainSICO, a leading regional asset manager, broker and investment bank, was named the Best Investment Bank in Bahrain at the 2024 Global Finance World's Best Investment Banks Awards for the fifth consecutive year. More… |
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SICO 2023 attributable net profit jumps 23pc to $11.6mSICO, licensed as a conventional wholesale bank by the Central Bank of Bahrain CBB, has posted a 2023 consolidated net profit attributable to shareholders of BD4.4 million ($11.6 million), a 23% increase from 2022. All lines of business exhibi More… |
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Sico Q3 net soars 62pc to $1.4m but 9M net drops 23pcSico, licensed as a conventional wholesale bank by the Central Bank of Bahrain, has seen its third-quarter (Q3) net profit attributable to shareholders soar 62% year-on-year, to record BD545,000 ($1.4 million). Increased Q3 profitability was u More… |
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SICO teams up with Wafra Investment to launch new sukuk fundSICO, a leading regional asset manager, broker, market maker and investment bank (licensed as a wholesale bank by the CBB), has announced the launch of a new sukuk fund in partnership with Wafra International Investment Company, the wealth man More… |
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SICO net profits surge to $2.4m in Q2SICO, a conventional wholesale bank, has announced that its consolidated net profit attributable to shareholders surged 223% to BD892,000 ($2.4 million) in the second quarter of 2023, compared to BD276,000 in the same period last year. More… |
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Sico and Northern Trust announce collaborationSico, a leading Middle East asset manager, has signed an agreement with UK’s Northern Trust to strengthen asset management services and foster investment opportunities in the GCC markets. The signing took More… |
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Sale of Novotel Al Dana Resort to Gulf Hotels completedThe sale and transfer agreement of Novotel Al Dana Resort to Gulf Hotels Group in Bahrain has been completed. SICO, a leading regional asset manager, broker, market maker, and investment bank (licensed as a who More… |
