Fears over Bangladesh bid to take over bank

Many are concerned about consequences of government taking control of award-winning Grameen Bank.

    The government of Bangladesh has been raising its stake in a Nobel Prize winning bank that helps poor women access small loans.
     
    A government commission has recommended breaking up the Grameen Bank into at least 19 zones but many customers are wary of a state takeover.  
     
    Al Jazeera's Tania Rashid explains.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Double standards: 'Why aren't we all with Somalia?'

    Double standards: 'Why aren't we all with Somalia?'

    More than 300 people died in Somalia but some are asking why there was less news coverage and sympathy on social media.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Kobe Steel: A scandal made in Japan

    Kobe Steel: A scandal made in Japan

    Japan's third-largest steelmaker has admitted it faked data on parts used in cars, planes and trains.