Adapting to New Realities
 
With the world as we know it in disarray, businesses must evaluate the situation and develop sound contingency plans to ensure business continuity.
 
 
Financial Results
 
2019 saw SICO achieve strong results, with consolidated net profit for the year increasing by 63% to BD 6.0 million from BD 3.7 million in 2018.
 
 
News Highlights
SICO receives licensing to offer asset management services through new Saudi subsidiary
 
SICO receives licensing from the Saudi Capital Markets Authority to begin offering asset management services in the kingdom through its new subsidiary SICO Financial Saudi Company.
 
 
SICO executes mandate in Bahrain’s largest M&A
 
 
 
SICO receives mandate in Kuwait Finance House acquisition of Ahli United Bank
 
 
 
SICO’s signature asset management funds outperform market
 
 
 
Bahrain Liquidity Fund increases ADTV on BHB
 
 
 
SFB climbs to 10th spot in DFM rankings
 
 
 
SICO receives new mandate from Bahrain’s Minors’ Estate Directorate
 
 
Q&A with Mariam Isa – SICO’s Head of Brokerage
 
Mariam Isa, head of SICO’s Brokerage division, shares her outlook on the financial services sector in the region and the future of brokerage in this interview.
 
Viewpoint
 
SICO’s Head of Investment Banking and Real Estate, Wissam Haddad, shares his thoughts on the recent trend of mergers in the GCC banking sector.
 
 
Research
 
SICO Research's Top-20 portfolio sees return of 30.7% against a benchmark S&P GCC index return of 12.5%.
 
New Appointments
 
As SICO is poised for growth and further expansion throughout the region, it is committed to recruiting and retaining the industry’s leading talent. SICO has prioritized the recruitment of some of the regional industry’s leading talent, having hired three senior managers over the year, including a new CEO for UAE-based subsidiary SFS.
 
2019 Awards

Throughout the year, SICO has received a number of accolades in recognition of its operational excellence across all lines of business.

Shakeel Sarwar at Global Investors’ MENA Asset Management and Trading Summit

Events and Conferences
 
Throughout the year, SICO has sponsored a number of events and conferences in line with its commitment to providing support to the Bahraini community across all fronts.
 

Alia Early Intervention Center Event

Corporate Social Responsibility
 
As a responsible investor and market leader in Bahrain’s financial sector, SICO continuously works to ensure that we are creating value not just for our shareholders, but for all of our stakeholders, which include our clients, our partners, our employees, and the community at large.
 

Get Socialized

 
SICO BSC(c), licensed as a conventional wholesale bank by the CBB, P.O.Box 1331, BMB Centre, Diplomatic Area, Manama, Kingdom of Bahrain, T: +973 1751 5000, F: +973 1751 4000 sicobank.com