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Timor-Leste

No Open Banking

An island country in Southeast Asia.

A graphic image showing world countries and border lines in different shades of blue, Timor Leste is made prominent being filled in orange colour.

Internet penetration was 45% as of 2021.

Timor-Leste or East Timor, released their third Financial Inclusion Report 2020, highlighting digital awareness programmes for rural and urban areas and the development of e-wallet services but urged more efforts in increasing digital and financial literacy. Open Banking is not yet a focus.