Headquartered in the Kingdom of Bahrain, and with a growing regional presence and international footprint, SICO is one of the premier wholesale banks in the MENA region. SICO provides a select range of investment banking solutions – brokerage, market making, treasury, equity and fixed income asset management, corporate finance, real estate, and custody and fund administration – which are underpinned by an independent, value-added research capability. Established in 1995, and listed on the Bahrain Bourse in 2003 as a closed company, SICO operates under a conventional wholesale banking license from the Central Bank of Bahrain. The Bank has two wholly-owned operating subsidiaries: SICO Fund Services Company (SFS) – a specialised regional custody house; and SICO UAE – an Abu Dhabi-based brokerage firm licensed by the Emirates Securities & Commodities Agency. The Bank’s strong shareholding base comprises: The Social Insurance organisation of the Kingdom of Bahrain, National Bank of Bahrain, Ahli United Bank, BBK, Bank ABC, Arab Investment Resources Company, Gulf Investment Corporation, and Al Salam Bank – together with the Bank’s staff through the SICO Employee Stock Ownership Plan.
|