SVCIC
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Saudi Venture Capital Investment Company (SVCIC)

VCBank established SVCIC in 2007 to capitalise on the significant potential of investment banking activities in the Kingdom of Saudi Arabia. Licensed by the Saudi Capital Market Authority, SVCIC focuses primarily on investing in promising small-to-medium enterprises in the Kingdom. Due to continued challenging market conditions, the Company is currently conducting a two-tranche capital reduction plan, as well as implementing a number of cost-cutting measures. 

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Asset Class:
Private Equity
Industry:
Banking & Finance
Country:
Saudi Arabia
Year:
2007
Project Status:
Active

Latest News from Saudi Venture Capital Investment Company (SVCIC)

The Constituent General Assembly of Saudi Venture Capital Investment Company (SVCIC)

5th December 2010

Riyadh - Saudi Arabia: The constituent general assembly of Saudi Venture Capital Investment Company (SVCIC) was held on Wednesday, 1 December 2010 at Paris Ballroom at ...

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Venture Capital Bank Receives License to Establish Saudi Investment Venture Capital Company in Saudi Arabia

22nd June 2009

    Venture Capital received approval from the Capital Market Authority in the Kingdom of Saudi Arabia to establish the Saudi Venture Capital Investment Company on 16th June 2009 with a capital of SR 375 million. The new comp ...

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