Dhaka, Bangladesh (BBN) – Grameen Bank has formally denied that Professor Yunus resigned from the bank.

Professor Yunus is as usual performing the duty of Managing Director (MD) of Grameen Bank, the bank said in a press statement on Thursday.

“The report published by the media that Professor Yunus has resigned from the Grameen Bank is not at all true,” it added.

BBN/SI/AD-23Dec10-9:39 am (BST)