Professor Muhammad Yunus and Grameen Bank, which he founded, were jointly awarded the Nobel Peace Prize in 2006 “for their efforts to create economic and social development from below.” Since then, ...
Bangladesh's central bank has fired Nobel Laureate Muhammad Yunus, the celebrated microfinance pioneer who started lending small sums of money at Grameen Bank almost 30 years ago. AFP reports that ...
DHAKA: Nobel-winning microfinance pioneer Muhammad Yunus will helm ... unceremoniously forced him out of Grameen Bank in 2011 – a decision fought by Yunus but upheld by Bangladesh's top court.
The Nobel Peace Prize for 2006 was divided into two equal parts going to Muhammad Yunus and the Grameen Bank for their efforts to create economic and social development from below.