Green Delta Insurance Company Ltd. (GDIC) was established in December 1985 and started operation from January 1986. Over the journey of 36 years, Green Delta Insurance has grown to be Bangladesh’s largest non-life insurer with 39 branches across Bangladesh and thus serving and insuring Bangladesh for more than 3 decades. Now, GDIC counts over a million customers with insured assets in excess of BDT 3.5 trillion (USD 33.3 billion). Green Delta Insurance is the only Bangladeshi insurance company to earn Super brands recognition (2020-21) and the highest credit rating of AAA/ST1 from Credit Rating Agency of Bangladesh (CRAB) for 9 consecutive years. It also achieved the ICMAB Best Corporate Award in the insurance industry category for 6 consecutive years since 2016.
Green Delta is also the 1st Insurance Company in Bangladesh to have equity partnership with International Finance Corporation (IFC) of World Bank Group. The dedicated 600+ staff of GDIC across the country have been instrumental in modernizing the insurance industry in Bangladesh via its products and service standards, which enabled GDIC to uphold the brand image as a prompt claim settler, superior service provider, and diversified product supplier in the non-life insurance sector.
GDIC has four wholly-owned subsidiaries, including GD Assist – offering comprehensive one-stop healthcare management, corporate wellness programs and medical tourism services including international appointments, second medical opinion, ticketing & visa etc.; Professional Advancement Bangladesh Ltd. – providing advanced professional financial and insurance training courses and certifications toward the goal of enriching and empowering the human resources of financial industry through quality professional education; Green Delta Securities Ltd. – providing stock brokerage and investment services for all customer segments; and Green Delta Capital Ltd. – offering fund brokerage, investment banking and portfolio management services for corporate and retail customers.
Dragon Capital’s roots are in Vietnam. It was the first foreign asset manager to invest in Vietnam commencing back in 1994. At the time, there was not even a stock exchange in Vietnam and it had to invest innovatively to succeed. With 8 staff and US$ 16 mln. in investment capital, Dragon Capital began its business by analyzing and investing private equity into companies that were best suited for potential listing, so that when the new exchange did arrive, Dragon Capital investors would constitute the foundation of the Vietnam capital market.
After the Vietnam stock exchange was established in 2000, Dragon Capital continued to grow its business by attracting foreign capital into Vietnam focused funds and by founding the first local asset management firm in Vietnamese for retail investors.
Today, the Dragon Capital Group is the longest established and largest private asset manager in Vietnam, with approximately US$ 5 bln of Vietnamese assets under management. Dragon Capital manages 8 listed-equity funds internationally and 5 domestically, including 2 ETFs. Dragon also manages 5 fixed-income and money-market funds internationally and domestically. Its flagship fund Vietnam Enterprise Investments Ltd. is listed on the London Stock Exchange (LSE).
Dragon Capital’s head office is in Ho Chi Minh City, Vietnam and it maintains other offices in Hanoi, Bangkok, Hong Kong, the UK and now Bangladesh.
Equinox is an institution focused on creating value for corporate and institutional investors by leveraging on a proprietary/one to many platform, in order to create efficient; competitive and transparent market(s) in the areas of financial sector. From an entrepreneurial beginning as a startup, Equinox has grown into an emerging market investment firm that is potentially investing in innovation; in seed and in early-stage companies in Bangladesh at full scale. Equinox is managed by the shareholders cumulating 65+ years of experience mostly from financial sector(s).
Equinox with its valuable experience is poised to unlock private investments in Bangladesh. Accordingly, Equinox has made a milestone investment in Green Delta Dragon Asset Management Company in order to broadened its horizon in the Bangladesh’s emerging economic landscape.