Aviva plc is the world's oldest insurance group, with a history dating back 300 years.
Aviva plc was launched on 1 July 2002 as the name change for CGNU plc., (created by the merger of CGU -Commercial Union and General Accident, and Norwich Union.)
A world leader in financial services, Aviva brings together 40 trading names around the world,
creating further opportunities for the Group to harness the benefits of its size and international capabilities.
Aviva is the world's fifth-largest insurance group and the biggest in the UK. The group is a the leading provider of life and pensions products in Europe and has substantial businesses elsewhere around the world and is actively growing the long-term savings businesses in Asian markets, Australia and the USA.
The Group's other business segments include fund management and general insurance.
In 2007, Aviva recorded premium income and investment sales of £41.5 billion and £364 billion of assets under Management . The Group has 59,000 employees serving over 40 million customers.
Aviva also focuses on Bancassurance worldwide and has a proven track record of successful Bancassurance relationships. It has major partnerships with leading banks across the globe, and is a leading Bancassurer in countries such as UK, France, Italy, Spain and India.
Wolrdwide Business mix
The Aviva Name
The Aviva brand is about building better tomorrows - - helping its 40 million customers worldwide to make the most of their lives.
The National Development Bank
Formed in 1979 as a wholly state-owned institution and subsequently
fully privatised in 1993, the National Development Bank played
a catalytic role in project-based finance in the country and is
today, the largest project lender in Sri Lanka.
Having financed thousands of projects over the years, the Bank
has built up a large and representative customer base through
a network of 13 branches around the island. Start ups as well
as mature projects in virtually every economic sector have received
credit facilities from the Bank.
After its successful transition to a privatised entity in 1993,
the Bank expanded its range of financial products and services
through the formation of subsidiary and associate companies.
The Bank continues to function under its original statute, as
amended, whilst its shares are quoted on the Colombo Stock Exchange.
The NDB Group now offers a range of financial services in addition
to its core project finance business. Few local banks can match
the scope of NDB's financing capabilities.
Subsidiary and Associate Companies
Ayojana Fund
Management Limited
Management of private
equity funds
NDB Bank Limited
Commercial Banking
(change order)
Capital Development And Investment
Company Ltd (CDIC)
Strategic Investment
Holding
Citi National Investment
Bank Ltd
Development Holdings (Pvt) Ltd
Investment Banking
Development Holdings (Pvt)
Ltd
Property Development Eagle Insurance PLC
Insurance Maldives Finance Leasing Company (Pvt) Ltd
The Bank of Ceylon is the largest Bank in Sri Lanka holding nearly 30% of the Banking assets in the country. It is fully owned by the Government of Sri Lanka.
The BOC is a dominant player in Government business, corporate banking, treasury operations, the foreign exchange market and retail services. It is also the market leader in Deposits and Advances.
BOC has a network of 298 branches within the country, a domestic and offshore banking unit and overseas Branches in London, Chennai, Male and Karachchi. It has 677 correspondent banks around the world.