Grameen Bank Project

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Grameen Bank Project

Grameen Bank Project

This project was set up to support the developing Grameen Bank and to help it become a stable and efficient financial institution in which rural poor people would participate actively. The Bank was helped to develop as an independent banking institution with branches in areas where rural poor people lived, thus enabling them to benefit from its services. At the same time, the Bank was encouraged to grow as an innovative financial institution, carrying out research and testing technologies that can be used to raise the productivity and profitability of enterprises operated by borrowers.

Source: IFAD


Status: Closed
Country
Bangladesh
Approval Date
12 December 1984
Duration
1984 - 1989
Sector
Credit and Financial Services
Total Project Cost
US$ 51.1 million
IFAD Financing
US$ 23.6 million
Co-financiers (International)
Ford Foundation US$ 1.8 million
Norway US$ 8 million
Sweden US$ 6.4 million
Co-financiers (Domestic)
National Government US$ 11.3 million
Financing terms
Highly Concessional
Project ID
1100000161

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Final environmental and social management framework

Interim (mid-term) review report

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Audit and Financial Statements

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