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GB doesn’t require major change: Atiur

Update : 01 Jul 2013, 10:00 AM

Bangladesh Bank governor Dr Atiur Rahman on Monday said the central bank after its inspections has not found anything that requires a major change in Grameen Bank’s operation.

“Bangladesh Bank is obliged to carry out annual inspections in Grameen Bank,” he said.

The central bank chief’s remarks come at a time when the government is being widely criticised for its reported plan to split the Nobel-winning microcredit institutions into 19 entities, reports UNB.

Atiur, however, said Bangladesh Bank has nothing to do with the Grameen Bank commission.

The central bank chief was addressing a function titled “Are microcredit participants in Bangladesh trapped in poverty and debt?” organised by by Institute of Microfinance (InM) at PKSF auditorium. 

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