Women bank's sell-off |
The privatisation of First Women Bank Limited has come up as the federal government's first success in its protracted efforts to offload the loss-making state-owned enterprises and create some fiscal space to give a push to the national economy. The women bank's disinvestment marks the official transfer of a majority stake in this state institution to UAE government's International Holding Company - in what is the first-ever government-to-government transaction in Pakistan's banking........