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The Central Bank (CB) on Wednesday assured the public that there is no risk at Seylan Bank following the crisis at Golden Key, both of which are part of Ceylinco Consolidated, headed by Lalith Kotelawala. CB Governor Ajith Nivard Cabraal told reporters that their move to appoint Bank of Ceylon to manage Seylan was done in a bid to stop the imminent danger of a run on Seylan. “At the right time we managed to step in,” he said. He also said that Central Bank cannot step in with regard to Golden Key as it is not a registered company with the regulator.

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