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Reform proposed for savings and credit cooperatives

The cabinet yesterday (8 March 2017) approved a reform plan for savings and credit cooperatives proposed by the Finance Ministry to make the system more transparent and efficient.

Kobsak Phutrakul, Assistant Minister to the Prime Minister's Office, said the reform plan will be based on directives of the Basel Committee on Banking Supervision (Basel I).
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FSCT Exchanged the ideas and experiences with DAMC and CARD Institute.


On September 6, 2017 ACCU held the study visit of the delegates from the Department of Agricultural Marketing and Cooperatives (DAMC), Bhutan and from CARD Institute, Philippines to FSCT in the morning.

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Research on SACCO/CU in Thailand by Norinchukin Research Institute Co., Ltd.


Mr. Shinya Furue, Chief Economist in Economic, Finance & Investment Research Division of Norinchukin Research Institute Co., Ltd.in Japan who is studying Cooperative and Financial Institute in Japan, and dynamism and history of Japan Credit Union Movement.

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The Supporter Members of ACCU learnt SACCO Movement in Thailand
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The 47 ACCU’s Supporter Members from 4 countries which are Philippines, Singapore, Nepal and Mongolia visited the Federation of Savings and Credit Cooperatives of Thailand Ltd (FSCT) Headquarters on October 12, 2017.

 

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DE 22nd Batch from 4 countries discussed with FSCT in Thailand.


ACCU held the 22nd Development Education (DE) Workshop on October 1-7, 2017 in Bangkok, Thailand. An activity of the program was to visit FSCT as usual. The 4 mentors from ACCU and 35 attendees from the Philippines, Nepal, Bangladesh and Hong Kong visited FSCT on October 5 in the afternoon.

 

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FSCT Board of Directors and Supervisor attended the 2017 ACCU Forum and AGM


Association of Asian Confederation of Credit Unions (ACCU) conducted the 2017 ACCU Forum and AGM during 18-22 September 2017 at Galadari Hotel, Colombo in Sri Lanka. Therefore, the Federation of Savings and Credit Cooperatives of Thailand Limited (FSCT) as a Regular Member of ACCU presented Board of Directors, Supervisor and Staffs participated in the aforementioned forum and AGM.

 

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Study visit of Officers from the Ministry of Cooperatives and Poverty Alleviation of Nepal to FSCT.


Association of Asian Confederation of Credit Unions (ACCU) has facilitated the study visit for 11 governmental agencies from the Ministry of Cooperatives and Poverty Alleviation of Nepal to Thailand on July 15-21, 2017.

 

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ACCU led the participants from DE Program making a FSCT’s visit.


ACCU conducted Asian Credit Union Development Education program (DE) from June 18 to 24, 2017. They visited FSCT on June 22.

 

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ACCU conducted the representatives of NATCCO to visit FSCT.


On April 26, 2017 – The 9 representatives from Association of Asian Confederation of Credit Unions (ACCU) and National Confederation of Cooperatives from Philippines (NATCCO) visited and discussed about FSCT’s information on structure,
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Padmawati SACCO visited Thailand.


Since National Co-operative Bank Limited (NCBL) has requested FSCT to facilitate the group of 17 persons from Padmawati SACCO, Nepal to visit a primary credit cooperative in Thailand.
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A mission team from International Monetary Fund (IMF) visited the Federation of Savings and Credit Cooperatives of Thailand Limited (FSCT)


The delegates from Bank of Thailand (BOT) and the mission team from IMF, completely 7 individuals, visited FSCT’s office on February 21, 2017.
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The representatives from FSCT attended WOCCU’s Technical Workshop 2016.


On December 1-2, 2016, FSCT’s representatives compose of Pol.Lt.Gen. Mongkol Kamolbutra, Vice President and Miss Sasimas Punnarat, Secretary and 3 staffs participated in WOCCU’s Technical Workshop 2016 at Rembrandt Hotel - Bangkok, Thailand on the theme “Technology Based Strategies for Growth”
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FSCT delegations looked up Credit Union League of Hong Kong (CULHK)


FSCT’s delegations comprise of Lt.Gen.Dr. Weera Wongsan (President), Pol.Lt.Gen. Mongkol Kamolbutra (Vice President) and Miss Sasimas Punnarat (Secretary) including 171 representatives from 45 primary cooperatives in Thailand had a study visit at Credit Union League of Hong Kong (CULHK) on November 29-30, 2016.
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FSCT heartily welcomed Myanmar Exposure Group on December 6, 2016 at FSCT Headquarter.


FSCT delegations consist of Pol.Lt.Gen. Mongkol Kamolbutra and Dr. Somnuk Boonyai, FSCT Vice President, Secretary and General Manager provided the heartily welcome and reception to Myanmar Exposure Group of 10 persons for a study visit at FSCT on December 6, 2016. The purpose of this visit is to set up and operate the Federation of CUs in Myanmar.
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Vietnam Association of People’s Credit Funds (VAPCF) visited FSCT


FSCT’s General Manager and related staffs greeted and welcomed 31 cooperative leaders from Vietnam Association of People’s Credit Funds (VAPCF) for a study visit at FSCT on November 28, 2016. Their objectives are to learn about savings and credit cooperative movement and management, and also exchange the ideas and information on cooperative business.
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FSCT held the international cooperative study visit for Board of Directors, Advisors and Supervisors 2016


FSCT Vice President consists of Pol.Lt.Gen. Mongkol Kamolbutra, Dr. Samakkee Detkla, Dr. Somnuk Boonyai and Mr. Chaiyut Massupong led and conducted Board of Directors, Advisors, Supervisors and Staffs, totally 29 persons for the international cooperative study visit from November 18-25, 2016 in Italy and Switzerland.
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FSCT’s Board of Directors and Supervisor attended ACCU Forum and AGM 2016


Association of Asian Confederation of Credit Unions (ACCU) conducted ACCU Forum and AGM 2016 during 8-11 September 2016 at ORAKAI Songdo Park Hotel, Incheon in Republic of Korea.
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The international cooperative study visit for FSCT’s Board of Directors, Advisors and Supervisors


Mr. Anek Nakdilok, Mr. Chumphon Khampa and Dr. Wiwut Daengsubha (Vice President of FSCT) led Board of Directors, Advisors, Supervisors and Staffs, totally 29 persons for the international cooperative study visit from March 6-15, 2016 at Federal Republic of Germany, Republic of Austria, Slovak Republic, Republic of Hungary and Czech Republic.
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The Federation of Savings and Credit Cooperatives of Thailand Limited (FSCT)
199 Moo 2, Nakhon in Road, Bang Si Thong Subdistrict, Bang Kruai District, Nonthaburi Province, 11130
Tel: (+66) 2496 1199 Fax: (+66) 2496 1177 , (+66) 2496 1188  E-mail:
contact@fsct.com