FALCOM Financial Services is a full-fledged investment bank offering superior expertise in the fields of Investment Banking, Private Equity, Asset Management, Brokerage and Financial Research.
We were one of the first investment banks to acquire a license from the Capital Market Authority (CMA) in the Kingdom of Saudi Arabia with a paid up capital of one billion Saudi Riyals, our license number is (37-06020) dated on 27/05/2006 and our Commercial Registration number is 1010226584 dated on 25/12/2006. Our license authorizes us to provide services in Dealing, Managing, Arranging, Advising and Custody.
As a result of the rapid growth of our private investment, we established a new closed joint stock company (FALCOM Holding) in April 2017. To improve the financial and operational efficiency of FALCOM Financial Services, the capital of FALCOM Financial Services was reduced from SR 250 million to SR 150 million On the recommendation of the Board of Directors, the Extraordinary General Meeting of the Company and the approval of the Capital Market Authority. The reduction shall be taken to extinguish the accumulated losses and extinguish the accounts payable to the FALCOM Holding Company and The capital of FALCOM Holding Company is SR 1.155 million
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