Timor-Leste: Expansion of Financial Services

Evaluation Document | 23 January 2023

The technical assistance (TA) was requested by the Government of Timor-Leste to support the commercial transformation of locally owned Banco Nacional de Comércio de Timor-Leste (BNCTL), specifically on upgrading its institutional capacity and governance arrangements.

This report validates the completion report's assessment of the TA. 

IED overall assessment is less than successful.