Bangladesh asked not to reduce integrity of Grameen Bank

Last updated: August 21, 2012
Washington DC (BBN)- The United States has asked Bangladesh government not to take any action that would reduce the "integrity or efficacy" of the Grameen Bank.
"We remain deeply concerned about recent actions by the government of Bangladesh to give the government- appointed chairman of the (Grameen) bank control over the selection of the new managing director," state department spokesperson Victoria Nuland said while replying to a query relating to the Grameen Bank in Washington DC on Monday.
"We’re continuing to urge the government of Bangladesh not to take any actions that would reduce the integrity or efficacy of the bank, and we are calling on the government to ensure transparency in the selection of the new managing director," she noted.
"This has been a very vibrant part of Bangladeshi society and has in fact been a model for other parts of the world. So we're watching closely.”
 
BBN/SSR/AD-21Aug12-1:50 pm (BST) 
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