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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]

See also

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