Grameen Bank: Untouched by the Financial Crisis

Many global banks are struggling amid the financial crisis. But not Grameen Bank, said Nobel Peace Prize winner Muhammad Yunus at the World Affairs Council of Washington, D.C. on Feb. 4. The bank, its founder said, mobilizes funds locally to ensure its sustainability.

About the author

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    Oliver Subasinghe

    Oliver joined Devex in late 2008 as an international development correspondent and researcher. He previously served as a microfinance fellow for Kiva in Kenya and Uganda. During his tenure, he worked with Kiva’s field partners to improve their operations and governance. Oliver holds a master's in business from the College of William & Mary.

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