The National Commercial Bank of Timor-Leste (BNCTL) S.A has officially launched its digital wallet (E-WALLET) named “KOHE BNCTL” as part of the celebration of its 14th anniversary. KOHE BNCTL is a digital application that allows consumers to carry out transactions quickly, easily, securely, and in a modern way using mobile devices.

During his remarks, the President of the BNCTL Executive Commission, Mr. Marcelo da Cruz Carvalho, stated that this initiative makes a significant contribution to promoting financial inclusion, increasing access to banking services for the community, and supporting the modernization of the digital payment system in Timor-Leste’s financial sector.

The name KOHE BNCTL was inspired by the local word “KOHE,” which holds deep meaning in Timorese culture. KOHE symbolizes savings, sustainability, and productivity, he noted.

As a gesture of gratitude for the anniversary, the BNCTL leadership and staff jointly participated in a mass celebration at the Church of São Sebastião in Bidau Mota Klaran and provided financial support to a single mother and her disabled child living in vulnerable conditions in Halidolar village, Hera suco, Cristo Rei Administrative Post, Dili.

The celebration event was attended by the Acting Deputy Prime Minister, His Excellency the Minister of Transport and Communications, Mr. Miguel Marques G. Manetelu, the Honorable Governor of the Central Bank of Timor-Leste (BCTL), Mr. Helder Lopes, the Vice Minister of Social Solidarity and Inclusion (MSSI), Mrs. Céu Brites, the Honorable Secretary of State for Social Communication, Mr. Expedito Dias Ximenes, the BNCTL Fiscal Council, the BNCTL Board of Directors, the BNCTL Executive Committee, managers, department heads, and all staff members.