Banking
Herarld Tribune
2010-11 Issue 371 BDT Print
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2010-11 Issue 371 USD Print
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Norwegian Ministry of Foreign Affairs Press release on Norwegian assistance to Grameen Bank Print
Norwegian Ministry of Foreign Affairs' Press release on
Norwegian assistance to Grameen Bank

“According to the report, there is no indication that Norwegian funds have been used for unintended purposes, or that Grameen Bank has engaged in corrupt practices or embezzled funds. The matter was concluded when the agreement concerning reimbursement of the funds was entered into in May 1998 under the government in office at the time,” said Mr Solheim
 

Source: http://www.regjeringen.no/en/dep/ud/press/news/2010/Report-on-Norwegian-assistance-to-Grameen-Bank.html?id=627366


 
Introduction Print
Grameen Bank (GB) has reversed conventional banking practice by removing the need for collateral and created a banking system based on mutual trust, accountability, participation and creativity. GB provides credit to the poorest of the poor in rural Bangladesh.....
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GB At a Glance Print
Grameen Bank Project was born in the village of Jobra, Bangladesh, in 1976. In 1983 it was transformed into a formal bank under a special law passed for its creation.
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