Women-only bank explained

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 June 7, 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

External links

Notes and References

  1. News: Women-only bank in Gulf . 2 January 2001 . BBC . Julia . Wheeler.
  2. News: Iran's Bank Melli to Expand Women Only Branch Network . Businessweek . Bloomberg L.P. . dead . https://web.archive.org/web/20120316200923/http://www.businessweek.com/news/2010-07-02/iran-s-bank-melli-to-expand-women-only-branch-network.html . March 16, 2012 .
  3. News: Iran's Bank Melli to Expand Women-Only Branches to All Provincial Capitals . Ali . Sheikholeslami . 2 July 2010. Bloomberg L.P..
  4. News: A Women-Only Bank For America . Joan Indiana . Rigdon . 10 June 2010.
  5. News: 2013-11-19 . India launches first bank exclusively for women . en . Reuters . 2023-05-09.