Scotland’s Brand New BankDOCUMENTARIES
Scottish BAFTA Nominee for Best News and Current Affairs programme, this 30 minute documentary explores the revolutionary achievements and effects of one of the world’s most unusual financial organisations. With no lawyers, no collateral and no credit rating, the Grameen Loan and Banking System can sometimes appear to be more fantasy than fact, and yet its huge success in many developing countries around the world is beyond dispute.
Now, after one of the worst financial crashes in decades, this Bangladeshi-based banking phenomenon is coming to Scotland.
Run purely for the benefit of its customers and with executives that neither own shares nor earn bonuses, this new gospel of financial independence claims to ‘bank the unbankable’ and offer real hope to the needy. But can a Third World idea from Bangladesh really work in the tough estates and rigid welfare rules of modern day Scotland? – Sally Magnusson investigates.