banker

The word banker today no longer refers to just those who work in a bank. Instead, it encompasses all the people even remotely tied with banks or finance in general. Even the ones who invest money can themselves be called bankers. Contrary to popular belief, one need not actually have much knowledge about how finance works to become a banker.

For example, take the case of Mohammad Yunus and Gramen Bank...

Yunus got a check for ten million kronor (which is roughly around 1.5 million dollars), along with the Nobel Prize for his endeavors in banking. He took micro-finance to the next frontier by allowing petty farmers to take credit loans or debt from his bank. However, he had no intentions of an institutionalized bank when he dreamed of the concept Gramen Bank employs today.

It all started out when poor farmers in Bangladesh came to ask him for money. As he started dolling cash out (and receiving it back too), he devised a simple yet effective method of turning this into a nationwide phenomenon.

Pretty soon most of the finance news channels all over the world started to follow Gramen Bank and its initiatives to educate the world more on microfinance. In the opinion of the Noble committee, if more banks such as Gramen opened up all over the world poverty could be effectively tackled and reduced over time.

Bloggers speaking about bankers can be found at bigfatfinanceblog and venturecapital.

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Latest blogosphere posts tagged “banker”

 

• European Compensation Developments: Financial Institutions and Beyond

  
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• Exceptional Blind Banker, David Okon, Narrates Inspiring Life Experience

  
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• Playbooks for Mobile and Retail, Small Businesses Want More and Lessons from the Highstreet [TWIEB #66]

  
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• The Cost of ‘Gold Coast’ Living

  
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• Do You Need a CFO?

  
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• Native San Franciscan Realtor Vivian Lee Joins Barbagelata Real Estate

  
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• How Much Will a Mortgage Cost Me?

  
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• Extraordinary Homes Inspired by The Great Gatsby

  
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• Credit Cards for Home Business

  
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• MORTGAGE:: Insider’s Guide To The Latest Home-Loan Opportunities

  
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• TRI Coldwell Banker San Francisco real estate statistics – last week in review

  
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• Home of the Week: Breathtaking Ocean and City Views in Laguna Niguel

  
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• Lincoln Park townhomes draw open house crowds

  
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• Draghi Says ECB Ready to Cut Interest Rates Again If Needed – Bloomberg

  
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• Former Beverly Hills Estate of Designer Bijan Sells for $9.8 Million

  
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• Former Beverly Hills Estate of Designer Bijan Sells for $9.8 Million

  
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• A Gray Victorian For Sale in Terrace Park, Ohio

  
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• Police Arrest Redeemers University Student Over Death Of Suspected Gay Banker

  
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  Homicide detectives of the Lagos State Criminal Investigations Department, Panti, Yaba, have arrested an undergraduate of the Redeemers University, Ogun State, in connection with the brutal murder of a suspected gay banker, Adindu Ohamara. According to sources, the banker was on April 9, found in a pool of his ...
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• Don’t Get Caught With Your Head In The Sand – Overcoming Financial Myths

  
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  A couple of months ago I was at the Denver Zoo with my family.  As we strolled from exhibit to exhibit my six-year-old son, Douglas, peppered me with questions about the animals and their unique attributes.  The dialogue went something like this: Doug: “Why is the lion so big?” Me: “Because he is the ...
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