SICO BSC (c), a leading regional asset manager, broker, market maker and investment bank sponsored a specialized trading simulation course “Bank Management Simulation”, conducted by the Bahrain Institute of Banking and Finance (BIBF). Twelve Banking & Finance students from the University of Bahrain and Bahrain Polytechnic participated in the 5 day simulation program. The course covered topics such as equity and fixed income valuations, including how to analyze stock market, equity and bond portfolios and capital allocation based on invested assets in order to maximize returns, along with the impact of provision of loan losses on bank investment decisions.
The course aims to provide students with the necessary knowledge, skillset and practical tools to pursue a career in banking. Using the BIBF Dealing Room, the program introduces simulations as an effective tool for disseminating practical knowledge enabling students to be more competitive on the job market.
Enabling young Bahrainis to develop their leadership skills and enhancing their career prospects is a key priority for SICO’s corporate social responsibility mandate. SICO conducts other financial education programs and offers practical learning experiences throughout the year, such as Trade Quest, a portfolio management competition for high school and university students, as it supports young students seeking to join the Kingdom’s financial sector.SICO also offers internship programs designed to enable students to gain relevant work experience in a dynamic financial environment, which help them meet the work experience requirements of their degree courses and encourage them to consider careers in the banking and finance industry.
SICO is a leading regional asset manager, broker, market maker and investment bank, with USD 2.1 bn in assets under management (AUM). Today SICO operates under a wholesale banking licence from the Central Bank of Bahrain and also oversees three wholly owned subsidiaries: an Abu Dhabi-based brokerage firm, SICO Financial Brokerage, a specialised regional custody house, SICO Fund Services Company (SFS), and a Saudi-based asset management provider, SICO Financial Saudi Company. Headquartered in the Kingdom of Bahrain with a growing regional and international presence, SICO has a well-established track record as a trusted regional bank offering a comprehensive suite of financial solutions, including asset management, brokerage, investment banking, and market making, backed by a robust and experienced research team that provides regional insight and analysis of more than 90 percent of the region’s major equities. Since inception in 1995, SICO has consistently outperformed the market and developed a solid base of institutional clients. Going forward, the bank’s continued growth will be guided by its commitments to strong corporate governance and developing trusting relationships with its clients. The bank will also continue to invest in its information technology capabilities and the human capital of its 100 exceptional employees.© Press Release 2020
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