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Sico Bank company logo
Bank
FINANCIAL
sicobank.com

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About Sico Bank

Sico Bank is a Bahrain-based bank focused on improving the capital markets.

Sico Bank Headquarter Location

BMB Building Floor 1

Manama,

Bahrain

+973 1751 5000

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Sico Bank Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Sico Bank Rank

Latest Sico Bank News

SICO reports BD 1.2 million net profit for the first quarter of 2021

May 12, 2021

SICO reports BD 1.2 million net profit for the first quarter of 2021 SICO BSC (c), licensed as a conventional wholesale bank by the Central Bank of Bahrain (CBB), announced today its consolidated results for the first quarter ended 31 March 2021. SICO’s consolidated net profit for the first quarter was BD 1.2 million, an increase of 168% and reversing the net loss of BD 1.8 million posted in the first quarter of 2020. Earnings per share (EPS) for the first quarter of 2021 were 3.23 Bahraini fils compared to -4.86 Bahraini fils in the first quarter of 2020. Total comprehensive income for the first quarter of 2021 increased by 144% to BD 1.4 million compared to a comprehensive loss of the BD 3.3 million recorded in the first quarter of 2020. Total equity attributed to shareholders increased by 9% to BD 63.4 million as at 31 March 2021, net of BD 2.14 million in cash dividends for FY2020 distributed during the first quarter of 2021. Total shareholders’ equity was BD 58.3... read more ...

Sico Bank Acquisitions

2 Acquisitions

Sico Bank acquired 2 companies. Their latest acquisition was Muscat Capital on March 15, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/15/2021

$991

Corporate Majority

3

4/29/2020

Loan

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$99M

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10

Date

3/15/2021

4/29/2020

Investment Stage

Loan

Companies

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Valuation

$991

Total Funding

$99M

Note

Corporate Majority

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Sources

3

10

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