FCT recognized globally for outstanding industry leadership and reporting

First Capital Treasuries PLC (FCT) continues to solidify its status as a financial powerhouse. The company has been recognized with esteemed international awards, highlighting its strong financial performance, exceptional industry expertise, and ability to leverage market dynamics, all while maintaining the highest reporting standards.

FCT has been recognized by Finance Derivative Magazine as the “Most Leading Non-Bank Primary Dealer in Sri Lanka for 2024,” underscoring its market leadership and ability to navigate complex financial landscapes. This accolade highlights the Primary Dealer division’s outstanding performance in recent times and its skill in seizing market opportunities, even amidst challenging economic conditions.

Finance Derivative Magazine, a Netherlands-based global platform, offers in-depth analysis of the finance and business sectors, covering areas such as trading, banking, wealth management, and financial services, while providing insights into global economic trends. At the Finance Derivative Awards 2024, they have recognized several leading private banks, state banks, and insurance companies for their achievements.

First Capital Treasuries has also earned recognitions at the prestigious ARC Awards International, which celebrates high standards in annual reporting. The company has won the Gold Award for Cover/Home Page in the Primary Dealer category, showcasing its commitment to transparency, effective communication, and visually compelling storytelling. Additionally, FCT has received the Silver Award for the PDF version of its annual report, highlighting the company’s dedication to providing stakeholders with clear, accessible, and top-tier financial reporting through modern digital mediums. 

The ARC Awards International is a global competition that recognizes excellence in annual reports, with winners selected by a panel of industry experts based on clarity, design, and overall effectiveness. Organized by MerComm, Inc. — the world’s only independent awards organization — MerComm is dedicated to celebrating excellence in the field of communications. Established with the mission to set and uphold high standards across various communication disciplines, MerComm plays a pivotal role in recognizing outstanding achievements by professionals and organizations worldwide.

“We are absolutely thrilled to be recognized with these prestigious international awards for the first time in our company’s history,” said Sachith Perera, Chief Executive Officer of First Capital Treasuries PLC. “Our commitment to performance excellence, coupled with our ability to navigate challenging economic conditions, has enabled us to deliver exceptional results and be recognized as industry leaders. This momentum is something we will continue to build on. I want to express my sincere gratitude to the entire FCT team for their dedication, hard work, and for maintaining the highest standards of reporting.”

First Capital Treasuries PLC is a member of First Capital Holdings PLC, a pioneering investment institution in Sri Lanka. FCT is a leading non-bank primary dealer and is appointed and regulated by the Central Bank of Sri Lanka to deal exclusively in government securities. The company offers a comprehensive suite of government securities-related products and services, ensuring liquidity and financial risk management.

The Board of Directors of First Capital Treasuries comprises Manjula Mathews, Dilshan Wirasekara, Ramesh Schaffter, Minette Perera, Nishan de Mel, and Cilani Wijesinghe.