Dr Muhammad Yunus is the founder of Grameen Bank. He was born on June 28,1940 in the village of Bathua in Hathazari, Chittagong, the business center of what was then Eastern Bengal. He was the third of the14 children of his parents, five of whom died in infancy. His father was a successful goldsmith who always encouraged his sons to seek higher education.
More InformationChairman, Board of Directors, Grameen Bank
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It is a pleasure to lead this prestigious organization as a Managing Director which is appointed by Grameen Bank board of directors on January 04, 2024. As per my long experience with this bank at the different level of operations and administration
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Welcome To Grameen Bank
(The pioneer
Microcredit Organization)
BANKING FOR THE POOR
The Grameen Bank project started in 1976 as an action research pilot project in "Jobra" village in Chattogram district of Bangladesh. In 1983, the pilot project was transformed into a bank with the aim of alleviating poverty and empowering the marginalized poor in Bangladesh through micro-credit.
The unique feature of Grameen Bank is that no collateral is required to get the credit from the bank. Unlike mainstream commercial banks that bring their clients to their shiny branch premises where the poor are afraid to be trampled, Grameen Bank carries its services to the comfort zone of its clients’ doorsteps. It has inspired the women and the weaker section of the communities to join the Grameen fraternity. All banking transactions except loan disbursement are done in the meetings of the borrowers at the village level centers organized by the center managers...
Services
Savings Account
Both members and non-members can open savings account with Grameen Bank ..
Grameen Pension Scheme
Grameen Bank has launched the "Grameen Pension Scheme" for 5 years and 10 years for the future financial security of its members and employees.
Fixed Deposit
Grameen Bank offers a fixed deposit scheme with a term of 01 to 03 years under a fixed deposit scheme, a certain amount of money has to be deposited for a fixed period.
Double in 7 Years Deposit
Grameen Bank started its "Double in 8 Years Deposit" scheme from October 2015 for making ...
Monthly Profit Scheme
Grameen Bank launched a 5-year term deposit product called 'Monthly Profit Scheme' and it is open to both members and non-members. Depositors will receive a guaranteed monthly income for the entire term.
Family Welfare Savings
GB launched a 3-year term deposit product called 'Family Welfare Savings'. This deposit scheme is open to members and employees only. Depositors can deposit their funds at any time of the year and earn interest accordingly.
Vision
Banking for the poor
Mission
Providing comprehensive financial services to empower the poor to realize their potential and to break out of the vicious cycle of poverty.
Grameen Bank Now
Awards
Norway: Nobel Peace Prize: 2006
Awarded Nobel Peace Prize 2006 in October 2006.
USA: Petersberg Prize: 2004
Awarded Petersberg Prize 2004 by the Development Gateway Foundation, U.S.A. in 2004.
INDIA: Gandhi Peace Prize: 2000
Awarded Gandhi Peace Prize:2000 by Government of India.
UNITED KINGDOM: World Habitat Award: 1997
World Habitat Award: 1997 by Building and Social Housing Foundation
MALAYSIA: Tun Abdul Razak Award: 1994
Received Tun Abdul Razak Award: 1994 for the Bank’s unique program to lend money to the poorest of the poor and thus transform the lives of thousands of impoverished people.
BELGIUM: King Baudouin International Development Prize: 1992
Awarded The King Baudouin International Development Prize 1992 for its recognition of the role of women in the process of development and the novelty of a financial credit system contributing to the improvement of the social and material condition of women and their families in rural areas.
SWITZERLAND: Aga Khan Award For Architecture: 1989
Geneva-based Aga Khan Foundation presented Aga Khan Award for Architecture in 1989 for designing and operating Grameen Bank housing program for the poor, which helped poor members of Grameen Bank to construct 60,000 housing units by 1989, each costing on an average $ 300.
UNITED KINGDOM (UK): Best Corporate Social Responsible Bank Award: 2014
International Finance Magazine presented Best Corporate Social Responsible Bank Award 2014.
Kazi Mahbub Ullah Prize: 1992
Begum Jebunnesa and Kazi Mahabub Ullah Welfare awarded Grameen Bank this prize in 1992 for its contribution to social development.
Independence Day Award: 1994
Received Independence Day Award 1994 for outstanding contribution to rural development.
City Dental College Gold medal: 1995-96
City Dental College awarded Grameen Bank "Gold Medal 95-96" for its special contribution to the country.
MCCI 100 Years Award: 2014
This award was presented to Grameen Bank for its pioneering role in poverty alleviation and social development in Bangladesh.
ICMAB Best Corporate Award: 2014
Received Best Corporate Award 2014 from the Institute of Cost and Management Accountants of Bangladesh (ICMAB).
Grameen Bank – Journey from Jobra to Oslo
16 DECISIONS
(For Poverty Alleviation)
1 of 16 Decisions
We shall reflect on the following four principles of Grameen Bank in every sphere of life to make it a prosperous organization through the members of the Center: Discipline, Unity, Courage, Hard Work
2 of 16 Decisions
We shall improve our quality of life by bringing prosperity to our families.
3 of 16 Decisions
We shall arrange for safe accommodation. We shall build improved and durable houses at the earliest.
4 of 16 Decisions
We shall cultivate vegetables throughout the year, meet our own nutrition needs by having plenty of them, and increase income by selling the same.
5 of 16 Decisions
During the planting season, we shall plant as many seedlings as possible to protect the environment and create our own resources.
6 of 16 Decisions
We shall plan to keep our families small by having maximum two children. If possible, one will be the priority. We shall ensure all types of vaccinations for our children.
7 of 16 Decisions
We shall ensure education of all children of the members of the center and shall educate them in technical and higher studies.
8 of 16 Decisions
We shall keep our environment clean and tidy and ensure health care for all members of our families.
10 of 16 Decisions
We shall drink tube well water. We shall use pure water in every household work.
11 of 16 Decisions
We shall avoid dowry in the marriage of our son and daughter, and shall not entertain child marriage. We shall confirm marriage registration.
12 of 16 Decisions
We shall treat everyone well. We shall live together in family and in society.