Those on the other side of the debate argue that participation in global banking is a source of stability and improved banking practice. Proponents of this view claim that foreign banks may directly bring new and better basic banking skills, more sophisticated management techniques, and products better suited to managing and spreading risk.
This new plan has the ambitious target of reaching 2 million more unbanked lowincome Papua New Guineans, 50% of whom are women, by 2020. BIMA is one example showing the tremendous need and potential for financial service in Papua New Guinea.