Saroco is an international Company founded in 1999, registered and based in Trinidad in the Caribbean, it is a jointly owned subsidiary of United Investment Limited and the ICS group.

With a portfolio comprising of  Cash Reserves of 500M and a further liquid portfolio of Collateral Instruments totalling over 500M and a total financial investment portfolio totalling over 2.2B, Saroco is able to accomplish facilitations and trade in markets where larger companies cannot enter but large enough to accommodate trade on a scale to create market trends.

In the last 5 years we have focused mainly on the growth of our Petroleum and Finance portfolio as we believe that this holds the future success and development of our company.

Providing a new era of development through trade development and investment in what matters, to facilitate Caribbean social growth and sustainability through investments in what matters

Saroco was founded on an idea, an idea that through creating a network of investments in varied but associated fields, that it can achieve a solid foundation on which to achieve financial growth and development and to further use this stability to fund the development of Trade facilitations in the Caribbean region and beyond. We stand firm in the belief that through diversification we can accomplish financial stability through global recessions and market collapse.

Our strategy has proven to be true, with Saroco seeing positive growth even in tough financial years, when the global finance markets plummeted and bonds failed, Saroco’s diversification into Trade facilitations and especially its petroleum portfolio grew in earnings and capability. We believe firmly that our investment in petroleum trade will see the steady growth and development of Saroco and enable us to become one of the world’s leaders in Petroleum Trade facilitations and sales.

Saroco’s Top professional team comprised of Investment and banking executives, Petroleum experts who cover all facets of the petroleum Industry, from Drilling to refining, Trading and Logistics, Economists, Legal Trade Executives, Telecommunications Experts, Port Operators, Shipping Executives, Construction Executives and Engineers, all ensure that Saroco’s portfolio is ever developing and evolving to take advantage of the changing world markets and trend in Trading, Finance and Development.

Saroco’s network includes Finance companies, Private Banks, Petroleum Buyers and Sellers, Bankers, Traders, and Logistical Companies, enable us to offer a complete Trade solution to companies and individuals intrepid enough to take on the world of international business. We facilitate transactions as small as 1Million to as large as 100Million and beyond, specializing in Caribbean, European and Asian Markets.

Saroco does not however solicit as we are not a walk in Business Company, application for assistance or business is evaluated by the respective team and if the business is desirable we then work with the client to create an effective and stable business plan and provide the necessary assistance in the targeted arena to accomplish success.

At Saroco Financial, our goal is to ensure Caribbean Growth and Development. The Caribbean nations especially the small states carry with them great potential, small budgets and larger GDP’s, this leads to recession when not managed properly. The secret to their financial success is keeping a solid GPD growth, this can be easily achieved by steady investments into individual states. This has led to Saroco developing its Caribbean Development Plan which will see Saroco developing a Port and Free Trade Zone in Grenada and St. Kitts as well as Tank Farms in Anguilla and Guyana and Resorts and business centres in Barbados, and Antigua. This program however cannot be achieved unless there is a cheap source of energy, with the high cost of  alternative energy Saroco proposes to use a comprehensive energy program of Petroleum and Alternative energy working hand in hand to provide the necessary energy needed to facilitate the identified growth while leaving a much reduced Carbon Footprint.

When Saroco was founded it was on the belief that doing the right thing sets the foundation for long-term success. This belief has sustained us all our years in business. Today,  we remain just as committed to this belief. Our customers, shareholders, employees and communities count on us to uphold this commitment and we know that Saroco’s continued success depends on it.

Saroco’s Code of Conduct outlines our company’s ethical and compliance standards for conducting business throughout the world and serves as a guide for employees when they face dilemmas where the right choice is not clear. Our Code is grounded in our seven Guiding Principles, which are ingrained in our culture and serve as the foundation for the behaviours expected from all of our employees in all parts of the world.

Our Guiding Principles

We obey the law. Obeying the law is the foundation on which our reputation and Guiding Principles are built. As a global organization privileged to do business all over the world, we have the responsibility to comply with all of the laws that apply to our businesses.

We conduct our business with integrity. We take pride in conducting our business with integrity. We compete vigorously, but do so fairly and ethically. We do not offer or accept bribes or inappropriate gifts and we comply with the laws and regulations that support fair competition and integrity in the marketplace.

We keep accurate and honest records. Accurate and honest records are critical to making sound business decisions and maintaining the integrity of our financial reporting. Our business information, in whatever form, must reflect the true nature of our transactions.

We honour our business obligations. Our business relationships are grounded in mutual trust, and have been throughout Saroco’s history. We build and maintain the trust and confidence of our customers and other business partners by communicating honestly, respecting information entrusted to us and standing behind our commitments.

We treat people with dignity and respect. We achieve our goals through our people. We provide a safe workplace and value the unique contributions of our global team, enabling those who support Saroco’s goals to achieve their own individual potential.

We protect Saroco’s information, assets and interests. We count on one another to act as stewards of the organization. To preserve the value of Saroco, we protect the information and assets entrusted to us and avoid situations that may let personal interests influence our business judgment.

We are committed to being a responsible global citizen. The breadth of our operations means that Saroco touches almost every aspect of society. With our global reach comes the responsibility to understand and manage our impact. We maintain strict environmental and saftey standards within our operations and share our global knowledge and experience to help meet economic and social challenges.

Saroco’s Trade & Structured Finance (TSF) was established in 2009 with the objective to create additional value for Saroco and its customers in the emerging markets. Today, with a network of over 50 professional Traders and Facilitators in the fields of Petroleum Trade Facilitations and Finance Structuring spanning the Globe, our TSF team works with customers and Saroco’s commercial business units to provide financial solutions. TSF’s structuring expertise aids in mitigating documentary, cross-border and credit risks associated with trade finance as well as assist Newcomers in the Petroleum market to get the logistical assistance necessary to sell their product(s).

In addition to meeting Saroco’s own trade finance and trade related funding needs, TSF also optimizes Saroco’s physical trade flows to generate trade finance derived liquidity in emerging markets for customers.   Saroco’s TSF Department is also engaged in risk management involving proprietary trading of financial products, foreign exchange, credit and money markets.

Our TSF program brings high standards of risk management and operational excellence to the customer. Our understanding of the commercial aspects of global trade and financial institutions has allowed us to build innovative funding solutions to tackle specific customer objectives including:

• Trade Receivable Discounting
• Logistical financing
• Supplier finance
• Collateralized lending
• Petroleum related Facilitations
• Trade and supply (buyer and seller providing)

When Saroco was founded it was on the belief that doing the right thing sets the foundation for long-term success. This belief has sustained us all our years in business. Today,  we remain just as committed to this belief. Our customers, shareholders, employees and communities count on us to uphold this commitment and we know that Saroco’s continued success depends on it.

With a portfolio comprising of  Cash Reserves of 500M and a further liquid portfolio of Collateral Instruments totalling over 500M and a total financial investment portfolio totalling over 2.2B, Saroco is able to accomplish facilitations and trade in markets where larger companies cannot enter but large enough to accommodate trade on a scale to create market trends.

Today, with a network of over 50 professional Traders and Facilitators in the fields of Petroleum Trade Facilitations and Finance Structuring spanning the Globe, our Trade and Structured Finance team works with customers and Saroco’s commercial business units to provide financial solutions. TSF’s structuring expertise aids in mitigating documentary, cross-border and credit risks associated with trade finance as well as assist new comers in the Petroleum market to get the logistical assistance necessary to sell their product(s)