World-renowned Bangladeshi economist and Nobel Peace Laureate, Professor Muhammad Yunus, founder of the Grameen Bank visited the University of Glasgow last Sunday

Professor Yunus delivered the keynote lecture entitled: 'Tackling Poverty for a Fairer World' at a conference organised by The Centre for Development and the University of Glasgow.

Pioneering the concept of microfinance through his Grameen 'Village' Projects, which offer small loans at low interest rates to entrepreneurs too poor to qualify for traditional bank loans, Professor Yunus has helped to transform the lives of millions of people not only in Bangladesh but in 40 other countries around the world.

As well as giving the keynote address Professor Yunus participated in the following conference sessions:

- Fairer Banking and Credit: Search for Sustainable Community Banking for Scotland
- Community Initiatives to Tackle Poverty and Income Inequality in Scotland
- Diverse Experiences and Challenges Facing Grameen-Type Poverty Alleviation Programmes Worldwide
- Bottom-up approach - Microfinance and Social Business - furthering multiplier effect as new dimension of economic development

Further information:
Martin Shannon, Senior Media Relations Officer
University of Glasgow Tel: 0141 330 8593