Women-only bank

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 June 7, 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, in Mumbai, aimed at economically empowering millions of women in India.