First Women Bank
Type | Public |
---|---|
Industry |
Banking Capital Markets |
Founded | Karachi, 1989 |
Headquarters |
Principal office Karachi, Pakistan |
Key people | Ms Charmaine Hidayatullah, Acting President FWBL |
Products | Loans, credit cards, Savings, Consumer Banking etc. |
Revenue | PKR 685 million (2007) [1] |
Website | www.fwbl.com |
First Women Bank Limited (FWBL) is located in Karachi, Sindh, Pakistan. First Women Bank Ltd. is a unique financial institution, a Scheduled Commercial Bank and a development financial institution for the socio-economic empowerment of women.The Bank was set up in 1989 by the Islamic world’s first woman Prime Minister Benazir Bhutto (Shaheed), who wanted a bank that would meet the banking needs of women entrepreneurs.FWBL was incorporated as a Scheduled Commercial Bank in the Public Sector as a Public Ltd. Company on 21st November, 1989 under the Companies Ordinance, 1984.The Bank commenced its business on 2ndDecember, 1989 with a paid up capital of Rs. 100 Million; 90% of which was contributed in varying proportions by five leading Public Sector banks of the country. They were:National Bank of Pakistan, Habib Bank Limited, Muslim Commercial Bank Limited, United Bank Limited and Allied Bank Limited 10% of the remaining capital came from the Federal Government
Branches
The bank has a network of 41 branches in 28 cities - located in all major cities of Pakistan including;
Lahore, Islamabad, Peshawar, Rawalpindi, Abbotabad, Bahawalpur, Faisalabad, Gujranwala, Gujrat, Hyderabad, Jhelum, Khairpur, Larkana, Mardan, Multan, Quetta, Rahim Yar Khan, Sargodha, Sialkot, Shikarpur, Sukkur, and Wah Cantt.
Board of Directors
- Ms. Charmaine Hidayatullah - Acting President FWBL
- Mr. Zia-Ullah Khan - SEVP/Group Chief, Assets & Recovery Group, NBP
- Ms. Naheed Ishaq - Deputy Economic Adviser Finance Division Government of Pakistan
- Mr. Ali Sameer - SEVP/Group Executive, Risk & Credit Policy UBL
- Mr. Muhtashim Ashai - SEVP, Wholesale Banking Group,MCB Bank Ltd.
- Mr. Mudassir Hussain Khan - Chief Information Officer HBL