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Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance, specialized community development bank founded in Bangladesh. [ 5 ] [ 6 ] It provides small loans (known as microcredit or "grameencredit") [ 7 ] to the impoverished without requiring collateral .
Grameen Danone Foods was launched in 2006 as a joint venture between Grameen Bank and the French food company Groupe Danone. Grameen Danone's first product is a fortified yoghurt, branded Shoktidoi, which is designed to provide children with many of the key nutrients that are typically missing from their diet in rural Bangladesh.
The Grameen Bank Act 2013 was approved at a cabinet meeting chaired by Prime Minister Sheikh Hasina [136] and was passed by parliament on 7 November 2013. [137] It replaced the Grameen Bank Ordinance, the law that underpinned the creation of Grameen Bank as a specialised microcredit institution in 1983. [138] The New York Times reported in ...
Begum served as the acting managing director of Grameen Bank after the bank's founder Muhammad Yunus left the bank in 2011. She worked as general manager, Administration, Training and International Program of Grameen Bank.
He is serving as the current vice-chancellor of North South University [2] and the current chairman of Grameen Bank. [3] Prior to these positions, Chowdhury was the two-time Dean at School of Business and Economics, North South University. He has also been the vice-chancellor of Primeasia University and pro-vice-chancellor of Eastern University ...
Mohammad Shahjahan Bangladeshi is a former managing director and CEO of Grameen Bank. [1] [2] [3] He assumed the office on 14 August 2011 until he retired on 30 October 2014. [4] He gained his Bachelor of Commerce degree in accounting from University of Dhaka in 1976. He completed his master's degree in accounting and finance from the same ...
Banker to the Poor: Micro-Lending and the Battle Against World Poverty is an autobiography of 2006 Nobel Peace Prize Winner and Grameen Bank founder Muhammad Yunus.The book describes Yunus' early life, moving into his college years, and into his years as a professor at Chittagong University.
Prior to co-founding Yunus Social Business, Muhammad Yunus pioneered the field of micro-finance through Grameen Bank in his home country of Bangladesh. Muhammad Yunus and Grameen Bank received the Nobel Peace Prize for establishing microfinance and trying to tackle poverty. Grameen Bank became the first of several social businesses that ...