The Hibiscus Card is specifically for women only and is a way of promoting financial inclusion as reflected in PNG’s international financial inclusion obligations under the Maya Declaration.
According to MiBank, women are not proportionally represented in the customer base of the banking and financial services sector.
MiBank’s manager for digital financial services, Genevieve Daniels, said women make up to 80 percent of the purchasing decisions and up to 33 percent of private enterprise globally are owned by women.
