NIB Bank is a subsidiary of Bugis Investments (Mauritius) Pte. Limited which is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Limited which in turn is a wholly owned subsidiary of Temasek Holdings, an investment arm of the Government of Singapore.
Incorporated in 1974, Temasek is an investment company based in Singapore. Supported by 10 affiliates and offices in Asia and Latin America, Temasek owns a S$215 billion portfolio as at 31 March 2013, mainly in Singapore and Asia.
Temasek’s investment themes centre on: Transforming Economies; Growing Middle Income Populations; Deepening Comparative Advantages; and Emerging Champions. Its portfolio covers a broad spectrum of industries: financial services; telecommunications, media and technology; transportation and industrials; life sciences, consumer and real estate; as well as energy and resources.
Total shareholder return for Temasek since its inception in 1974 was 16% compounded annually. Temasek has been assigned an overall corporate credit rating of “Aaa” by Moody’s and “AAA” by Standard & Poor’s; its 10th year as a triple-A credit since its inaugural rating in 2004.
For further information on Temasek, please visit www.temasekholdings.com.sg