Islamic Finance

Pakistan banks move to close gender gap


Published 20 Sep,2021 via Arab News - Economy - The State Bank of Pakistan (SBP) launched a gender mainstreaming policy, which aims to reduce the gender gap in the financial industry and improve women’s access to financial services, a statement said.

The policy titled “Banking on Equality: Reducing the Gender Gap in Financial Inclusion” identified five key pillars, according to the statement issued on Friday.

It will aim at improving gender diversity in financial institutions and their access points; developing and marketing women centric products and services; creating women desks at bank branches for improved facilitation for women customers; cgathering gender-disaggregated data and target setting; and institutionalizing a policy forum on Gender at SBP.

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