Grameen Bank is set to get a fresh lease of life as the government plans to reduce its stake to 5 percent from the existing 25 percent.
The plan has been outlined in the draft of a new ordinance
The interim government has reinstated a tax exemption for Grameen Bank and offered it for the next five years, meaning until December 2029.
The National Board of Revenue (NBR) issued a gazette on Thursday, confirming the reinstatement of Grameen Bank
It will be on course to invest $5 billion within 2030
Grameen Bank has no ownership of Grameen Kalyan and Grameen Telecom and it does not have the legal authority to nominate directors and chairman at the two non-profits, said the Yunus Centre yesterday.
Grameen Bank yesterday said it followed rules while nominating chairman for three not-for-profit companies, replacing Nobel Laureate Prof Muhammad Yunus, who founded the organisations.
The case of Prof Yunus is symptomatic of the erosion in the credibility of our institutions.
It forms a mutual fund named Capitec Grameen Bank Growth Fund
Grameen Bank is set to get a fresh lease of life as the government plans to reduce its stake to 5 percent from the existing 25 percent.
The plan has been outlined in the draft of a new ordinance
The interim government has reinstated a tax exemption for Grameen Bank and offered it for the next five years, meaning until December 2029.
The National Board of Revenue (NBR) issued a gazette on Thursday, confirming the reinstatement of Grameen Bank
It will be on course to invest $5 billion within 2030
Grameen Bank has no ownership of Grameen Kalyan and Grameen Telecom and it does not have the legal authority to nominate directors and chairman at the two non-profits, said the Yunus Centre yesterday.
Grameen Bank yesterday said it followed rules while nominating chairman for three not-for-profit companies, replacing Nobel Laureate Prof Muhammad Yunus, who founded the organisations.
The case of Prof Yunus is symptomatic of the erosion in the credibility of our institutions.
It forms a mutual fund named Capitec Grameen Bank Growth Fund
Perhaps the most important contribution of the book lies in providing intimate insights into how NGOs work in Bangladesh.
