First Capital opens branch in Jaffna

Tuesday, 7 November 2023 00:00 - - {{hitsCtrl.values.hits}}

Janashakthi Group Founder and Chairman Emeritus C.T.A. Schaffter, First Capital Deputy Chairperson Manjula Mathews, and First Capital MD/CEO Dilshan Wirasekara, ceremoniously inaugurate the Jaffna branch

First Capital Holdings PLC, a Janashakthi Group Company, has opened its first branch in the heart of Jaffna, marking a significant step towards making capital market products more accessible to people in the area.

With a legacy of four decades in the investment space, First Capital is set to bring unparalleled expertise and a diverse range of financial products and services to the region.

“We are delighted to establish our footprint in Jaffna, a region that holds a special place in our hearts,” expressed Janashakthi Group MD/Group CEO Ramesh Schaffter. “Janashakthi has long been a trusted household name in the region, and our expansion into Jaffna through First Capital signifies our commitment to fostering growth and prosperity by leveraging the potential of the capital market. We stand firm in our belief that the introduction of First Capital’s comprehensive suite of products and services will serve as a catalyst for the economic development of the region. We are a Group that embodies the principles of honesty & ethics, fosters collaboration, prioritises respect, champions performance-driven initiatives, and upholds a culture of transparency. Rest assured, these core values will be reflected in every aspect of our service.”

The opening of the Jaffna branch not only reinforces First Capital’s position as a pioneer in the investment banking landscape but also marks the company’s distinction as the only currently available non-bank primary dealer within the region. This strategic move aims to bridge the gap between investors and transformative financial opportunities.

First Capital Chief Operating Officer Tharusha Ekanayake emphasised the significance of this milestone, stating, “The inauguration of First Capital’s first branch in Jaffna symbolises our commitment to revolutionise the financial landscape of the region. We aspire to become the catalyst for growth by providing expert guidance and facilitating access to a diverse range of capital market products. Through our branch, investors can benefit from tailored advice and explore a multitude of investment opportunities, transcending traditional investment avenues.”