SICO Concludes AGM

Manama, Kingdom of Bahrain – March 26th, 2012 - Securities & Investment Company (SICO), the Bahrain-based regionally-focused investment bank, held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM), on Monday March 26th, 2012 at the Crowne Plaza Hotel. There was a quorum of 90.33%. 

Shareholders approved the board’s report on the bank’s activities for 2011, as well as the auditors’ report and audited financial results. SICO reported a net profit of BD 488 thousand for the year ending December 31, 2011 compared to BD3.783 million for year-end 2010. 

The full press release in English & Arabic can be downloaded here