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Swinney set for Grameen Bank talks

Swinney set for Grameen Bank talks

Finance secretary John Swinney will hold talks with a Nobel Prize-winning anti-poverty campaigner about setting up Britain's first Grameen Bank in Scotland.

Leading economist Muhammad Yunus pioneered the banks in his native Bangladesh, which offer small low-cost loans to aspiring entrepreneurs who are too poor to qualify for traditional credit.

He will discuss the possibility of setting up the first UK branch in Glasgow during talks in the city with Mr Swinney.

 

http://www.google.com/hostednews/ukpress/article/ALeqM5jpbdmR_tMULM2sytsy6u417LySWw