Russia keen to replicate Grameen Bank model | The Daily Star
12:00 AM, February 19, 2009 / LAST MODIFIED: 12:00 AM, February 19, 2009

Russia keen to replicate Grameen Bank model

Nobel laureate Prof Muhammad Yunus greets Russian Deputy Minister for Economic Development Anna Popova, left, with a bouquet on her arrival in Dhaka yesterday. Russian Ambassador Gennady P Trotsenko, middle, is also seen. Photo: GRAMEEN BANK

A delegation led by Deputy Minister for Economic Development of Russian Federation Anna Popova arrived in Dhaka yesterday on a four-day visit to Bangladesh to learn about operations and the legal structure of Grameen Bank and to replicate the structure in Russia.
Nobel laureate Prof Muhammad Yunus, managing director of Grameen Bank, received the minister and her nine-member delegation at Zia International Airport. Gennady P Trotsenko, Russian ambassador to Bangladesh, was also present to greet the minister.
The visit is a follow-up of a visit by Prof Yunus to Moscow in April 2008, when Moscow City Mayor YM Luzhkov and the National Association of Microfinance invited him.
The minister and her delegation will visit the branches of Grameen Bank and have discussions with the borrowers.
Anna Popova will also meet the finance minister, other government officials and members of the civil society and have meetings with the press.
The delegation comprises senior representatives from the Ministry of Finance and the Ministry of Economic Development, President of National Association of Microfinance Market Stakeholders, senior representatives from the Moscow government and Association of Regional Banks.
The delegation will leave for home on February 21.

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