January 30, 2015 7:30 AM ET

Capital Markets

Company Overview of Securities and Investment Company BSC(c)

Company Overview

Securities and Investment Company BSC(c) is an investment bank. The firm provides brokerage, market making, treasury, asset management, corporate finance, and investment research services. It operates as a broker and enables its clients to execute transactions in the GCC and other regional markets through its network of brokers. The firm’s asset management segment focuses on managing assets in the GCC capital markets for regional financial institutions, pension funds, investment companies, and insurance companies that have investments in various funds and portfolios. Its corporate finance segment advises and manages public and private issuances of equity and debt capital; mergers and acquisi...

BMB Building

First Floor

Diplomatic Area

Manama,  

Bahrain

Founded in 1995

91 Employees

Phone:

973 1751 5000

Fax:

973 1751 4000

Key Executives for Securities and Investment Company BSC(c)

Chief Executive Officer
Chief Operating Officer
Head of Asset Management
Head of Brokerage
Head of Information Technology
Compensation as of Fiscal Year 2014.

Securities and Investment Company BSC(c) Key Developments

Securities & Investment Company Announces Executive Appointments

Securities & Investment Company announced management appointments, Mr. Anantha Narayanan, who joined SICO in 2008 as Head of Internal Audit, takes over as Chief Operating Officer. Mr. Wissam Haddad has been appointed Head of Corporate Finance. He has more than 12 years experience in conventional and Sharia-compliant investment banking in the GCC, with a particular focus on corporate and structured finance, private equity and advisory. He previously worked with regional banks.

Securities and Investment Company BSC(c) Announces Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended Sept. 30, 2014

Securities and Investment Company BSC(c) announced unaudited consolidated earnings results for third quarter and nine months ended Sept. 30, 2014. For the quarter, the company reported total income of BHD 3,482,000, profit of BHD 1,773,000 or BHD 4.14 fils per basic and diluted share compared to the total income of BHD 2,736,000, profit of BHD 1,361,000 or BHD 3.18 fils per basic and diluted share for the same quarter a year ago. For the year to date, the company reported total income of BHD 11,735,000, profit of BHD 6,846,000 or BHD 15.84 fils per basic and diluted share net cash from operating activities of BHD 17,623,000, net capital expenditure on furniture and equipment of BHD 35,000 compared to the total income of BHD 7,150,000, profit of BHD 3,265,000 or BHD 7.63 fils per basic and diluted share net cash from operating activities of BHD 5,733,000, net capital expenditure on furniture and equipment of BHD 62,000 for the same period a year ago.

Securities and Investment Company Announces Earnings Results for the Third Quarter and Nine Months Ended September 2014

Securities and Investment Company announced earnings results for the third quarter and nine months ended September 2014. For the nine months, the company announced it has registered an increase by 110% in its net profit to reach USD 18.06 million, compared with USD 8.59 million for the corresponding period in 2013. During the first nine months of this year, the company's operating income grew by 64% to reach USD 30.92 million compared with USD18.85 million for the same period last year. For the quarter, the company's net profit registered an increase by 30% to USD 4.66 million, compared with USD 3.58 million for the same period in the previous year, while its operating income grew by 27% to USD 9.17 million compared with USD 7.19 million for the third quarter of last year.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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