DHAKA, 12 November — Tensions have escalated in Bangladesh following yet another attack targeting Grameen Bank, the microfinance institution founded by Nobel Peace Prize laureate Professor Muhammad Yunus. In the early hours of Wednesday morning, a local branch of the bank was deliberately set ablaze by unknown assailants, marking the second attack on the institution within just forty-eight hours.
The latest incident took place at the Chandura branch in the Bijoynagar upazila of Brahmanbaria, situated in the eastern region of the country. According to officials, the attackers approached the branch at approximately 2:00 am and doused the exterior of the building with petrol before igniting it. The resulting blaze caused damage to the premises, though no injuries were reported. Quick action by locals and fire services prevented the flames from spreading further.
Branch Manager Kalim Uddin confirmed that the attack had been carried out from outside the building, suggesting that the perpetrators intended to damage property rather than cause harm to individuals. Nevertheless, the incident has raised serious concerns among bank staff and local communities who rely on Grameen Bank’s microfinance and development programmes.
Second Attack in Two Days
This arson attack comes merely two days after a crude bomb exploded outside Grameen Bank’s headquarters in Dhaka, an incident that also resulted in no casualties but sent a clear warning of targeted intimidation. While no group has yet claimed responsibility for either attack, the back-to-back incidents have prompted heightened vigilance.
Law enforcement agencies have opened a formal investigation, though police have yet to identify or apprehend any suspects. Authorities are examining whether the two attacks are linked and whether they form part of a wider attempt to create instability or send a message to the institution and its leadership. For now, investigators are reviewing security footage from the area and interviewing potential witnesses.
Context and Concerns
Grameen Bank, celebrated worldwide for pioneering microcredit and empowering millions of low-income households, has long been a symbol of grassroots development in Bangladesh. Recent tensions surrounding political unrest, economic uncertainty, and sporadic acts of violence have put both public and private institutions on alert.
Community members near the Chandura branch expressed shock and fear, noting that the bank plays a vital role in supporting local livelihoods. Many urged authorities to strengthen security measures around financial institutions, particularly those serving vulnerable rural populations.
As investigations continue, senior officials at Grameen Bank have reassured customers that operations will resume as soon as possible. Additional security arrangements may be implemented to safeguard staff and clients amid the growing sense of unease.