[2] The blueprint for infrastructure of the Bank was designed by Akram Khatoon.

She presented it in 1988 to then Prime Minister Benazir Bhutto, who approved to set up the bank in December 1988.

[5] The Government of Pakistan now owns majority shareholding in the bank.

[4] The Cabinet Committee on Privatisation (CCoP) approved transaction structures for the privatisation of First Women Bank Ltd.[6][7] After a hiatus of several years, in February 2024, the Federal Cabinet of the Government of Pakistan finally approved the privatization of the First Women Bank.

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