Banking
Letter from Nobel Laureate Professor Muhammad Addressed to Grameen Bank Members on his departure from Grameen Bank

May 15, 2011
Beloved owners and honoured members of Grameen Bank:
Thirty-five years ago, I did not know that I would start a bank, and that I would lend to poor people, especially to poor rural women. Like many other teachers, I was busy teaching in the classroom, far from the realities on the ground.
Click Here to Read Full Letter From Prof. Muhammad
 
Nobel Laureate Professor Muhammad’ Address to Colleagues on his Departure from Grameen Bank
May 14, 2011
My dear colleagues:
For the past five months, we have all been in an extremely difficult situation. The reasons for this are well known to you all. The Supreme Court has given its verdict. On the basis of this verdict, the Board of Directors of Grameen Bank now has to make a decision.
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Handing-over the Charge of Managing Director
 May 12, 2011
I am today relinquishing the post of Managing Director of Grameen Bank on the basis that the Deputy Managing Director Mrs. Nurjahan Begum would hold charge until a Managing Director is appointed  in accordance with the procedures under section 14 of the Grameen Bank ordinance. Since the board of  Grameen Bank is my appointing authority, it may take appropriate steps.
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Dear Valued Readers
You may be aware of that last a few months several news items, articles and rejoinders have been published in the media of home & abroad, on Grameen Bank and Prof. Muhammad, Managing Director of the Bank. We have collected some these and put them in chronological order through the web links below. We hope this will ease your search and put all relevant information at your fingertip.
 
Click Here to Find the Archive of Grameen Bank Rejoinder to Different Media  Click Here to Find the Archive of Published Article on Grameen Bank And Prof. Muhammad in Different Media  Click Here to Find the Archive of Published News on Grameen Bank And Prof. Muhammad in Different Media Click Here to Find the Archive of Press Release  Different types of Related Documents
 

10 Million Bangladeshis Move Above $1.25 A Day
10 Million Bangladeshis Move Above $1.25 A Day WASHINGTON, DC - According to a report released by the Microcredit Summit Campaign, a program of the US-based advocacy group RESULTS Educational Fund, nearly 2 million Bangladeshi households...
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Norwegian Nobel Committee reasserts its support for Professor Muhammad and Grameen Bank
On 27th of January 2011, the Norwegian Nobel committee has reiterated its support to Professor Yunus and Grameen Bank, in the light of the charges made in the Danish documentary broadcast in Norway "Caught in Microcro-debt", and...
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