FWBL urged to focus on rural women

The sub-committee of the National Assembly Standing Committee on Women Development held a meeting in Karachi on October 20, 2009 to resolve the problems and challenges faced by First Women Bank Ltd. and make recommendations for its survival.

The meeting was chaired by Mrs. Ishrat Ashraf, MNA Convener of the Committee. Mrs. Fouzia Ejaz MNA, Dr. Zil-e-Huma, MNA and Mr. Abdul Majid Additional Secretary Women Development Government of Pakistan attended the meeting.

Mrs. Shafqat Sultana President FWBL briefed the committee about the recent decision of Government of Pakistan to keep the First Women Bank Limited (FWBL) in the public sector by purchasing the share of its private shareholder banks through the State Bank of Pakistan and expressed hope that in the light of the above decision Bank would be able to serve women of Pakistan in a better way.

Mrs. Ishrat Ashraf Convener of the Committee appreciated the performance of the Bank and stressed the need to expand its outreach. She directed the bank to give focus on women of rural areas by providing easy access to credit. In this regard she directed to form a six member Committee to formulate strategies and proposals to increase the effectiveness of the bank.

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