CB houses EPF Department in Lloyd’s Building

The Central Bank of Sri Lanka expects to acquire property in Chatham Street which belongs to the CWE.

Speaking to the media at the opening of the Lloyd’s Building yesterday Central Bank Governor Ajith Nivard Cabraal said the Central Bank will develop this property according to the needs of that area and public can reap the real benefits of the property within a few years time.

“We will develop another property in Trincomalee and expect to acquire property in Jaffna to facilitate our operations around the country.

“We have properties in Matale, Matara and Anuradhapura, he said. The Central Bank of Sri Lanka purchased Lloyd’s Building in 2009 which was owned by the United Ceylon Insurance Co. Ltd. The Central Bank renovated this building and will locate its EPF Department in this premises. The building was opened by the Defence Ministry Secretary Gotabhaya Rajapaksa yesterday.

He said this Lloyd’s Building will reflect the transformation of the country. Nobody believes that country could go through this kind of a transformation and today the country has achieved fast economic growth. (AS)