Bangladeshs controversial Grameen moves closer to central bank control

DHAKA | Thu Oct 3, 2013 7:43am EDT
DHAKA Oct 3 (Reuters) - Bangladesh on Thursday approved a draft of an act to bring the Nobel prize-winning microfinance lender Grameen Bank under the authority of the central bank, which its founder, Nobel laureate Mohammad Yunus, has said is a ploy to destroy it.
Yunus, 73, was removed as head of the bank in 2011 on the grounds that he had stayed on … [Read More]

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Source: Bangladesh News latest RSS headlines - Bangladesh News.Net


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