Grameen Bank
@grameenbank.org.bd
The Grameen Bank project started in 1976 as an action research pilot project in "Jobra" village in Chattogram district of Bangladesh. In 1983, the pilot project was transformed into a bank with the aim of alleviating poverty and empowering the marginalized poor in Bangladesh through micro-credit. The unique feature of Grameen Bank is that no collateral is required to get the credit from the bank. Unlike mainstream commercial banks that bring their clients to their shiny branch premises where the poor are afraid to be trampled, Grameen Bank carries its services to the comfort zone of its clients’ doorsteps. It has inspired the women and the weaker section of the communities to join the Grameen fraternity. All banking transactions except loan disbursement are done in the meetings of the borrowers at the village level centers organized by the center managers. Grameen Bank's strong presence in remote areas of the country bears witness to this fact. Grameen Bank has always made it a priority to empower women and involve them in economic activities. As a result, Grameen Bank can proudly say that 98% of its borrowers are women. More than two-thirds of these women have moved on to better lives through poverty alleviation. Grameen Bank offers interest-free loans to help beggars build financial capacity so that they don't have to beg anymore. Already 21,383 members have given up begging and become self-sufficient. Up to January 2024, the cumulative amount of loan disbursement by Grameen Bank, since inception, stood at US$ 37,997.09 million (BDT 3,031,209.26 million) to 10.50 million borrower members, 97% of whom are female members. Following an exceptional banking practice, Grameen Bank has ensured a lucrative recovery rate of 96.79% (as of January 2024) which is comparatively higher than any other banking systems. Grameen Bank was awarded the Nobel Peace Prize in 2006 in appreciation of its efforts to create economic and social development from the bottom of the society.
Grameen Bank's Company Logos
Grameen Bank's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#0A66C2
Science Blue
10, 102, 194
210, 90, 40
95, 47, 0, 24
#EB6E8E
Deep Blush
235, 110, 142
345, 76, 68
0, 53, 40, 8
#006400
Camarone
0, 100, 0
120, 100, 20
100, 0, 100, 61
About Grameen Bank
Grameen Bank is renowned as the pioneer microcredit organization globally, dedicated to uplifting the marginalized poor from poverty and deprivation. Established in 1976, it transformed into a bank in 1983, focusing on empowering the impoverished through micro-credit without the need for collateral. An inclusive approach sets Grameen Bank apart, as it conducts all transactions, except loan disbursement, at clients' doorsteps to ensure their comfort and convenience.
Offering a range of financial services, Grameen Bank provides Basic Loans, Microenterprise Loans, Crop Loans, Livestock Loans, and more, tailored to meet specific needs. Moreover, savings products like Savings Accounts and the Grameen Pension Scheme aim to secure members' financial futures. With a vision for banking for the poor, Grameen Bank's mission is to empower individuals to break the cycle of poverty. Awarded prestigious honors like the Nobel Peace Prize in 2006, Grameen Bank continues its impactful journey towards poverty alleviation.
