Bahrain bourse joins hands with SFS

01 Jun 2010

(MENAFN) The Bahrain Stock Exchange (BSE) has signed a depository agreement with Sico Funds Services Company (SFS) to provide custody of BSE-listed securities to local, regional and international institutional investors, according to a press statement.

Signing this custodian agreement with SFS comes along with BSE’s efforts to provide more advanced and diversified options for investors, especially institutional investors in Bahrain and abroad, the BSE said.

SFS is a wholly-owned subsidiary of Sico and provides a sophisticated range of integrated custody and fund administration solutions and services to regional clients, with a proven track record of over 10 years in the custody business.

SFS provides wide-ranging custodian solutions covering both collective investment schemes and private portfolios, in line with regional regulatory requirements.

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