Grameen Bank to operate in normal course: Muhith

Posted by BankInfo on Mon, Jun 06 2011 06:41 am

Finance Minister Abul Maal Abdul Muhith yesterday said the operations of the Grameen Bank would continue as the pioneering micro lending agency is a matter of “Bangladesh’s pride”.

“Grameen Bank is a matter of pride of Bangladesh and therefore its activities will go on in normal course,” a finance ministry statement quoted him as saying as US ambassador in Dhaka James F Moriarty called on him at his office.

It said the Grameen Bank issue appeared as a topic of discussion as they exchanged opinions on different financial issues including the US investment in Bangladesh.

The statement said the US ambassador said his country was particularly interested in investing in energy and power sector in this country when Muhith said Bangladesh always encouraged foreign investment in the country.

The minister and the envoy, it said, agreed that Dhaka-Washington ties were deep rooted as they expressed the hope that bilateral relations would strengthen further in future.

UNDP resident representative in Dhaka Neal Walker later called on the finance minister at his office, the statement said.

News: Daily Sun/ Bangladesh/ Jun-06-2011

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