First Women Bank Ltd. is a unique financial institution, a Scheduled Commercial Bank, 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. It was incorporated in the Public Sector as a Public Ltd. Company on 21st November, 1989 under the Companies Ordinance, 1984.
The Bank commenced its business on 2nd December, 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:
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