Letter from Nobel Laureate Professor Muhammad Yunus Addressed to Grameen Bank Members on his departure from Grameen Bank
May 15, 2011 |
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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.
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Nobel Laureate Professor Muhammad Yunus’ Address to Colleagues on his Departure from Grameen Bank
May 14, 2011 |
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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
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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 Yunus, 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.
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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... |
Read more... | Norwegian Nobel Committee reasserts its support for Professor Muhammad Yunus 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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Prof. Muhammad Yunus & Grameen Bank Awarded The Nobel Peace Prize for 2006 |
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The Norwegian Nobel Committee has decided to award the Nobel Peace Prize for 2006, divided into two equal parts, to Muhammad Yunus and Grameen Bank for their efforts to create economic and social development from below. Lasting peace can not be achieved unless large population groups find ways in which to break out of poverty. Micro-credit is one such means. Development from below also serves to advance democracy and human rights...
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Read more...
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News & Media
- The impact of microfinance
Sunday, March 13, 2011
By Shahid Khandker and Hassan Zaman
In the 1970s, three out of four ... Read more
- Statement from Nelson Mandela Foundation
We have noted developments in Bangladesh regarding the Grameen Bank and its founder, Professor Muhammad ... Read more
- Statement from CGAP
CGAP today released the following
statement from Tilman Ehrbeck, CGAP CEO, and Vijay Mahajan, Chair ... Read more
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GB At a Glance
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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Quick Links- Nobel Foundation Site
- Founder's Website
- Method of Action
- What is Microcredit?
- 16 Decisions
- Grameen Mutual Fund One :Scheme Two
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Data & Reports- Monthly Report in BDT
- Monthly Report in USD
- Monthly Report Archive
- Key Information of GB
- Past Thirteen Years
- Historical Data
- Balance Sheet
- Performance Indicators & Ratio Analysis
- Audit Report 2009
- Annual Report 2009
Grameen Family- Communications
- Grameen Trust
- Grameen Fund
- Grameen Fisheries
- Grameen Telecom
- Grameen Cybernet
- Grameen Shakti
- GrameenPhone
- Grameen Education
- Grameen Knitwear
- Grameen Solutions
- Grameen Kalyan
- Grameen Byabosa Bikash
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