A $33 Billion Investing Giant Joins Abu Dhabi’s Deal Machine

A $33 Billion Investing Giant Joins Abu Dhabi’s Deal Machine

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Abu Dhabi's IHC buys majority stake in Pakistan's First Women Bank

IHC said this landmark transaction underscores the strong and growing economic partnership between the UAE and Pakistan

IHC buys majority stake in Pakistan's First Women Bank

Abu Dhabi conglomerate International Holding Company (IHC) has acquired a majority stake in Pakistan’s First Women Bank. It marks the first privatisation in Pakistan’s banking sector, the UAE state-owned Wam news agency reported. First Women Bank, based in Karachi and established in 1989, has 42 branches and offers a range of retail, SME and corporate services. IHC will ensure that the bank meets the minimum capital requirement, strengthen its c…

Abu Dhabi’s IHC acquires majority stake in Pakistan’s First Women Bank

Established in 1989, FWBL operates as a full-fledged commercial bank with 42 branches across the country, offering retail, SME, and corporate banking services The post Abu Dhabi’s IHC acquires majority stake in Pakistan’s First Women Bank appeared first on Gulf Business.