Bahrain based investment bank Securities and Investment Company ( SICO ) has retained its No.1 position for a tenth consecutive year. SICO has been No. 1 both in terms of value and volume of trades in the Bahrain
Stock Exchange.In terms of numbers, SICO accounted for 25% of the total transactions completed on the BSE ( Bahrain Stock Exchange ) in 2008. This equated to a 41.4% of the total value of shares in the market with $1.7bn changing hands. SICO continues to attract both Bahraini and foreign investors who see it as the broker of choice on the BSE. The chief executive office of SICO expressed his content with the continued success and reiterated the importance of new innovative ideas such as the introduction of the Agency Brokerage Desk in collaboration with counter brokers and institutional clients.
SICO’s total reported assets as of end of Mar 2009 are listed as BD $85.3 m with a shareholders equity of BD $44.5m. The company hopes to keep its No.1 status for many years to come and with their current performance in mind, the competitors will find a task almost impossible to come anywhere near snatching this title.
| < Prev | Next > |
|---|