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Sunday, November 17, 2024

Home Top News First Women Bank to be sold to UAE govt

First Women Bank to be sold to UAE govt

by News desk
February 15, 2024
in Top News

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The federal government on Wednesday decided to sell First Woman Bank Limited to the UAE government.
The 82 percent shares will be sold on government-to-government level after getting a green signal from the UAE government.

After the sale, the State Bank of Pakistan will issue a new license to First Women Bank. The sale price and agreement finalization will be carried out by the eight-member cabinet committee formed by the federal government.