A women-only bank is a financial institution catering exclusively to women.
Development In 2001, Dubai Islamic Bank opened a women-only bank branch.
Iran opened such a bank in Mashhad on 7 June 2010. The bank's director stated, "the aim is not sex segregation but respect for women." The government-owned bank is Bank Melli.
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, Bharatiya Mahila Bank, in Mumbai, aimed at economically empowering millions of women in India.
See also Women's rights Women's World Banking Women-only space
References
External links Iran's first women-only bank opens: IRNA