In which country was the Grameen Bank created?

The Grameen Bank was created in Bangladesh. It was established in the late 1970s by Muhammad Yunus with the aim of providing microcredit to impoverished people in rural areas who could not access traditional banking services. This innovative approach empowered individuals, particularly women, by giving them the means to start small businesses, improve their livelihoods, and escape poverty. The model of microfinance initiated by Grameen Bank has since been replicated in various countries around the world, highlighting its significance and influence in global development initiatives.

In contrast, India, Pakistan, and Nepal, while neighboring countries, did not have a role in the establishment of the Grameen Bank, as it was specifically a Bangladeshi initiative focused on addressing the unique economic challenges faced by the population there.