The nature of rural banks

Grameen Bank originated from the microfinance experiment of Professor Arafat Yunus in Qiaobula Village, Chittagong, Bangladesh from 65438 to 0974. Its main goal is to provide microfinance services for special groups, especially women, that is, from "low-middle income-low deposit-low investment-low-middle income".

The change is the steady development of "middle and low income-loan-capital injection-big income-big deposit-big project investment-big income". 1983, the government of Bangladesh implemented the Grameen Bank Act 1983, which led to the emergence of Grameen Bank, the first financial institution with poor professional services in the world.

Grameen Bank has always insisted on serving the poor as an important task, taking the basic principle of "making everyone enjoy financial information services at a good price, saving time and effort and self-esteem" and constantly promoting HP Finance.

According to the latest data from China Statistics Bureau of Bangladesh, with the joint efforts of government departments, Bangladeshi people and Grameen Bank, the poverty rate in Bangladesh has dropped from 82% in 1972 to 20 1 1.3%, and the rural areas in Bangladesh have undergone earth-shaking changes.

Development situation

Now there are 2,200 branches in Bangladesh with about 65,438+8,000 employees. Poor farmers and women can borrow unsecured loans, which can be repaid by installments 50 times a year, and five people, including related friends, are jointly and severally liable. The return rate reached 98%. As one of the poverty alleviation models, it has been well received internationally, and there is a tendency to expand its development in developing countries such as Africa.

20 14 12 17, JD.COM and Grameen China cooperated to promote rural microfinance business. JD.COM Group announced that it has reached a strategic cooperation intention with Grameen China. With the help of JD.COM channel and supply chain resources, Grameen's experience in rural microfinance services will open the rural financial market in China.

Reference to the above content: Baidu Encyclopedia-Bangladesh Rural Bank