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

References

  1. ↑ Wheeler, Julia (2 January 2001). "Women-only bank in Gulf". BBC.
  2. ↑ "Iran's Bank Melli to Expand Women Only Branch Network". Businessweek. Bloomberg L.P. Archived from the original on March 16, 2012.
  3. ↑ Sheikholeslami, Ali (2 July 2010). "Iran's Bank Melli to Expand Women-Only Branches to All Provincial Capitals". Bloomberg L.P.
  4. ↑ Rigdon, Joan Indiana (10 June 2010). "A Women-Only Bank For America".
  5. ↑ "India launches first bank exclusively for women". Reuters. 2013-11-19. Retrieved 2023-05-09.
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