Pakistan-based First Women Bank Ltd (FWBL) has rolled out its first debit card, dubbed PayPak Debit Card, on its 28th anniversary.

The newly launched debit card will offer customers higher purchase limits enabling them to shop & pay at retail outlets across the country.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The new card can be used to withdraw cash from all ATMs throughout Pakistan, the bank said.

First Women Bank president and CEO Tahira Raza said that the bank is proud to launch a new debit card, opening the doors to a world of payment options. The bank takes pride on being the home of economic empowerment for millions of women and their families.

Raza added that FWBL will continue to strengthen its position by introducing new innovative products and fulfilling customer’s needs by providing the right solutions.

FWBL was incorporated as a Scheduled Commercial Bank in 1989 as a joint venture of five largest commercial banks and Government of Pakistan.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The government of Pakistan holds 82.64% stake in FWBL. Other shareholders include National Bank of Pakistan, Habib Bank, MCB Pakistan, United Bank and Allied Bank.