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We live in your world - June 2013

We live in your world - June 2013

Supporting capacity building in Timor-Leste

Supporting capacity building in Timor-Leste

Our business in one of the world’s youngest nations - Timor-Leste - is supporting social and economic development and broader capacity building. 

Our support was set out in our representations to an Australian parliamentary inquiry and includes:  

  • Bringing new services and expertise to the Timorese community through providing financial services which underpin the country’s nation building, including enabling international banking transactions, trade services, electronic banking and financial and education assistance.
  • Piloting our flagship financial literacy program for Pacific countries, MoneyMinded Pacific, in Timor Leste. About 75 percent of participants increased their savings as a result. 
  • Our volunteers providing technical expertise and ANZ providing funding to microfinance institutions to become (or remain) financially sustainable by building their expertise in credit risk management and technology expertise.  

More detail is provided in our submission to the Australian Parliament’s Joint Standing Committee on Foreign Affairs, Defence and Trade Inquiry into Australia's relationship with Timor-Leste.

More information:

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