Dhaka, Bangladesh (CNN) -- The Bangladeshi government has been asked to find a compromise to bring an end to the Grameen Bank crisis created by removing its founder, microcredit pioneer Muhammad Yunus. "We remain hopeful that a compromise solution can be reached to the satisfaction of all parties," said Robert O. Blake, U.S. assistant secretary of state for South and Central Asian affairs, as he was wrapping up his four-day Bangladesh visit on Tuesday. Yunus "has brought great honor to Bangladesh, and we in the United States have been deeply troubled by the difficulties he is currently facing," Blake said at a press conference at American Club in Dhaka.
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State Department official says U.S. is "deeply troubled" by the situation
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Yunus and nine Grameen Bank directors have petitions pending before appeals court
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Nobel Peace Laureate Muhammad Yunus was removed as head of bank he founded
@placeholder's work cast a global spotlight on microcredit, a then-novel idea of making small loans to poor people who would not qualify for standard bank loans.