PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602604

Primary Business Area

Financial Institutions Group

Disclosure Date

May 21, 2019

Country

Timor-Leste

Region

East Asia and the Pacific

IFC Approval Date

Jun 17, 2018

Status

Completed

Estimated Total Budget

$1,049,999.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 3, 2022

Project Estimated Start Date

Jul 1, 2018

Project Estimated End Date

Dec 31, 2020

Project Description

The project will support Kaebauk Investimentu no Finansas build a suite of digital financial services offering by launching a mobile and agent banking operation by an Other Deposit Taking Institution in Timor-Leste. This project is supported by the Department of Foreign Affairs and Trade (DFAT)-Australia Financial Inclusion Program in Timor-Leste.

Development Results

E&S Risks / Impacts and Mitigation