DILI, 30 november 2024 (TATOLI) – The Central Bank of Timor-Leste (BCTL), in collaboration with commercial banks, and Fintech companies, organized an exhibition to celebrate the 10th anniversary of National Savings Day and the 4th anniversary of the Campo Digital pilot program.
The Governor of the BCTL, Hélder Lopes, said that the aim of the initiative was to make citizens aware of the advantages of saving their money in banks, as well as to disseminate information about financial services.
According to Lopes, during the event, Bank Mandiri and Bank Rakyat Indonesia (BRI) launched Mobile Banking, which allows customers to perform financial transactions remotely using mobile devices, such as a smartphone or tablet.
Mobile Banking offers various services, including checking balances, making transfers, paying bills and even applying for loans.
Lopes recalled that the BCTL, in partnership with the commercial banks operating in the country, had launched the account “Savings for the Future” in 2015, which allows parents to open accounts for their children for just one US dollar.
According to Lopes, more than 26,000 children and young people have opened their Account “Savings for the Future.”
The President of the Republic, Jose Ramos Horta congratulated the initiators of the National Savings Day and Digital Camp by BCTL as a good step for future generations, including modernizing the banking system in Timor-Leste.
Horta emphasized that all banks in Timor-Leste must think about the clients or people’s interests, especially the people’s benefit, so that the digitalization system being introduced can provide a path for people to develop themselves.
Journalist: Jose Belarmino de Sa
Editor: Filomeno Martins
