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flag Bangladesh's Chief Adviser calls for a 'Microcredit Bank' to support youth entrepreneurship with small loans.

flag Professor Muhammad Yunus, Chief Adviser of Bangladesh, emphasized the need for a 'Microcredit Bank' to foster entrepreneurship among young people by providing small, collateral-free loans. flag Yunus, known for founding microcredit, called for a regulatory act to establish this bank as a social business, ensuring that profits benefit loan recipients rather than bank owners. flag The initiative aims to support youth in starting businesses instead of seeking jobs, marking a shift towards a more trust-based banking system.

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