Pakistan Sells First Women Bank to UAE-Based IHC for $14.6 Million Under G2G Deal
Pakistan has sold its entire stake in First Women Bank Limited to UAE-based International Holding Company for $14.6 million, marking the first privatisation under the Shehbaz Sharif government. The deal, executed under the IGCT framework, gives the buyer strategic access to the banking sector with plans for rapid expansion.
Privatisation Commission Seals Advisory Pact to Fast-Track ZTBL Sell-Off
The Privatisation Commission has signed a financial advisory pact with Next Capital-led consortium to oversee the sell-off of Zarai Taraqiati Bank Limited, aiming to modernise agricultural finance, attract private investment, and boost credit access for farmers and rural communities.