Injection of equity by Government of Pakistan in FWBL

The Government of Pakistan has released another Rs. 500 million as equity in the First Women Bank Ltd. (FWBL) to meet the minimum Capital requirement (MCR) of the Bank and reinforces commitment/ trust in FWBL.

The MCR for FWBL was reset in January this year by the State Bank of Pakistan, upon recommendation from the Government of Pakistan. Under the revised requirements, the Bank needs to maintain paid-up capital of PKR 3 billion. This new injection after capitalization process will increase the Government share in the bank by 72%.

The remaining shares are held by the five big commercial banks – NBP, HBL, MCB, UBL and ABL.

Site last updated November 19, 2019 @ 5:53 am