First Women Bank Ltd. is striving for championing women’s economic empowerment by taking a holistic and integrated approach based on the needs of underserved women markets. At the same time, the Bank aims to build a strong foundation in line with the current market benchmark for making FWBL a commercially viable bank. This was stated by Mr. Farrukh Iqbal Khan President & CEO of First Women Bank Ltd. during his visit to the Karachi Chamber of commerce and Industry.
Our charter commits us to all forms of business a commercial bank would undertake but with a view to the economic emancipation of women, he said.
Mr. Farrukh Iqbal said that FWBL’s main focus is on the ‘S’ of the SME market segment and diversity in the products and services, access to distant markets, and making the Bank the natural choice of the women and their families are our key goals.
The Bank is actively involved in the Government loan schemes i.e. Kamyab Jawan Youth entrepreneurship scheme and the Mera Pakistan Mera Ghar wherein its main target are women borrowers. It is evident from the fact that alone under the Kamyab Jawan Program almost 50% of the total disbursements have been made to the women entrepreneurs.
FWBL as the pioneer of women banking in Pakistan will, with renewed commitment, work towards the cause of financial empowerment for those in need. We will continue to explore initiatives and ideas that facilitate us in our mission, he added.
In his welcome address, Mr. Abdul Rehman Naqi Senior Vice President KCCI briefed Mr. Farrukh Iqbal about the KCCI. Ms. Durre Shahwar Nisar Member Managing Committee KCCI lauded the role of the Bank in promoting women entrepreneurs. She said FWBL is always there to help women Entrepreneurs.
Later, Mr. A Q Khalil General Secretary BMG presented a shield to Mr. Farrukh Iqbal Khan.
