First Women Bank Limited
Legal Identity and Current Ownership
First Women Bank Limited is the legal name used in the bank's official materials. It operates as an active banking institution in Pakistan and should be treated as a current operating bank rather than as a closed or legacy entity.
The ownership picture changed materially in the most recent official source set. At the end of 2024, the Federal Government of Pakistan through the Ministry of Finance held 82.64% of the shareholding, but the bank's official website also states that privatization was completed on April 15, 2026 and ownership was transferred to EVE Holding RSC Limited.
Institutional Focus and Customer Base
The bank's strongest supported identity is its long-standing focus on women and on women-led business activity. Official materials repeatedly frame the institution around women entrepreneurs and financial access for this segment.
At the same time, the operating scope is not limited to a single niche. The official product and scheme material supports service coverage for SMEs, corporate clients, housing segments, pensioners, students, freelancers, IT-linked clients, and overseas Pakistanis.
Banking Scope and Product Coverage
Official materials support a broad retail and business-banking perimeter. The visible deposit side includes current accounts, basic accounts, smart accounts, profit-and-loss-sharing accounts, foreign-currency accounts, and term-deposit products.
The financing and service side extends into SME finance, corporate finance, salary finance, solar finance, housing finance, remittances, bancassurance, utility-bill collection, prize-bond handling, ATM services, internet banking, and the bank's own mobile app. This makes the institution broader than a single-program lender or a narrow policy vehicle.
Operating Footprint
The selected official sources support that First Women Bank Limited operates through a branch network and offers ATM-backed services. The same source set also explicitly refers to PWD branches, which is useful evidence that the network includes designated service points for accessibility-focused banking access.
Those sources do not provide a clean current total for branches or ATMs, so this profile does not lock in a number that the official material does not clearly publish. It is safer and more accurate to describe the bank as a branch-based operating institution with a supported physical-service footprint.
Recent Financial Position
For the year ended December 31, 2024, the official materials report total assets of Rs. 65.94 billion, total liabilities of Rs. 62.79 billion, and net equity of Rs. 3.15 billion. The same reporting perimeter shows total deposits of Rs. 31.60 billion and gross advances of Rs. 7.38 billion.
The bank also reported profit after taxation of Rs. 79.08 million for 2024. These figures support describing First Women Bank Limited as a functioning mid-scale banking institution with a measurable deposit and lending base rather than as a shell entity or a purely symbolic franchise.
Leadership and Data Limits
The official source set explicitly names Farrukh Iqbal Khan as President and CEO and Muhammad Najeeb Agrawalla as Chairman. The same materials also identify additional board members, which supports a normal governance structure for the bank's current operating profile.
The selected sources do not need this profile to assert an exact founding year, a current branch total, or detailed pricing and feature comparisons across products. This summary therefore stays anchored to the bank's legal identity, confirmed ownership transition, client scope, supported service perimeter, and reported 2024 financial position.