First Women Bank’s privatisation achieves financial close

The privatisation of First Women Bank Limited (FWBL) achieved financial close on Wednesday, 15 th April, 2026 with the transfer of management control and ownership of the bank to EVE Holding RSC Limited, following the fulfillment of all conditions precedent, including receipt of requisite regulatory approvals

ISLAMABAD, (UrduPoint / Pakistan Point News - 16th Apr, 2026) The privatisation of First Women Bank Limited (FWBL) achieved financial close on Wednesday, 15 th April, 2026 with the transfer of management control and ownership of the bank to EVE Holding RSC Limited, following the fulfillment of all conditions precedent, including receipt of requisite regulatory approvals.

Under the terms of the transaction, the government has divested its entire 82.64% shareholding in FWBL marking a significant milestone in the country’s privatization program, and bringing to successful conclusion a decade long effort to privatize the bank.

The privatisation of FWBL is expected to unlock the bank’s growth potential under private ownership by enhancing operational efficiency, fostering innovation, and improving service delivery, particularly in advancing financial inclusion for women.

This achievement underscores the Government’s continued commitment to reducing its footprint in commercial enterprises, attracting quality investment, and promoting a dynamic, private sector-led economy.