Abu Dhabi’s International Holding Company (IHC) said it has acquired a majority stake in state-owned First Women Bank Ltd (FWBL) after Pakistan completed a government-to-government privatisation under its Inter-Governmental Commercial Transactions Act of 2022.The announcement, at a ceremony attended by Sheikh Zayed bin Hamdan bin Zayed Al Nahyan and Pakistani Prime Minister Shehbaz Sharif, marks the first bank privatisation in Pakistan via a G2G framework, IHC said in a statement.Founded in 1989, Karachi-ba ...