[QODLink]
Asia-Pacific

Fears over Bangladesh bid to take over bank

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

Last Modified: 02 Jul 2013 04:19
Email Article
Print Article
Share article
Send Feedback
Purmila Khatun built this grocery store inside her home from scratch [Al Jazeera]

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.

51

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Organisation
Featured on Al Jazeera
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
Spirits are high in Scotland's 'Whisky Capital of the World' with one distillery thirsty for independence.
President Poroshenko arrives in Washington on Thursday with money and military aid on his mind, analysts say.
Early players in private medicine often focused on volume over quality, turning many Chinese off for-profit care.
Al Jazeera asked people across Scotland what they think about the prospect of splitting from the United Kingdom.
Blogger critical of a lack of government transparency faces defamation lawsuit from Prime Minister Lee Hsien Loong.
join our mailing list