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Manila, Oct 16, 2006 AEST (ABN Newswire) - Asian Development Bank (ASX: ATB) President Haruhiko Kuroda in a letter last week congratulated Bangladesh's Grameen Bank and its founder Dr. Mohammad Yunus on being awarded the 2006 Nobel Peace Prize.
"Your efforts to pioneer microfinance and to spread it across the world as a poverty reduction measure, especially for women, are a matter of pride for all of us. Bringing empowerment and hope to millions of the poor is indeed the worthiest cause."
Mr. Kuroda said that microfinance as a means for inclusive development is extensively supported by ADB operations. "ADB is very honored that we in the past had the chance to work together with you and the Grameen Bank, and we look forward to continuing our collaboration and support in the future. We will continue to be inspired by your achievements."
