Women-only bank
From Wikipedia, the free encyclopedia
A women-only bank is a financial institution catering exclusively to women.
Development
In 2001, Dubai Islamic Bank opened a women-only bank branch.[1]
Iran opened such a bank in Mashhad on 7 June 2010. The bank's director stated, "the aim is not sex segregation but respect for women."[2][3] The government-owned bank is Bank Melli.[4]
In Saudi Arabia, most banks have some sort of women-only branch within the main branch.
in 2013, India launched its first public sector bank for women only, in Mumbai, aimed at economically empowering millions of women in India.[5]