The 2018 ACCU Forum and AGM in Philippines
      Association of Asian Confederation of Credit Unions (ACCU) conducted ACCU Forum and AGM 2018 during 13-16 September 2018 at Crowne Plaza Manila Galeria in Philippines.
       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. Besides, ADJAOP.LT.GEN. DR. WEERA WONGSAN, FSCT’s President, was elected to be one of ACCU Board of Directors as the 1st Vice President on the AGM, 16 September 2018.
List of new 5 ACCU Board of Directors 2018 (Their terms of office shall be two years):

Board of Directors




1. Mr. Younsik Kim




2. Adjaop.Lt.Gen. Dr. Weera Wongsan

1st Vice President



3. Atty. Soledad V. Cabangis

2nd Vice President



4. Mr. Tien-Teng, Wu




5. Mr. A.D. Walisinghe



Sri Lanka

      For ACCU Forum 2018, 2 days Forum, during 14-15 September 2018 in theme "Rekindling Raiffeisen’s Ideologies in the heart of Every Credit Union" The said-forum is concerning about credit union philosophies and celebrating F.W. Raiffeisen’s strong idea, the updated of Colombo Declaration for network integration, KAYA payment platform, role, significance and achievement of credit union movement for improving the quality of life, social and environment.
      In the opening session program, there are 561 attendees from 22 countries and also 31 cooperators from Thailand, held at Crowne Plaza Manila Galeria in Manila. Philippine Federation of Credit Cooperatives (PFCCO) and National Confederation of Cooperatives (NATCCO) as co-host provided a fantastic welcome performance to attendees. Mr. Rishi Raj Ghimire, ACCU President, PFCCO and NATCCO Chairpersons delivered a welcome speech.
      Furthermore, ACCU bestowed a Special Recognition Award to the Federation of Savings and Credit Cooperatives of Thailand (FSCT) for its significant contribution to the development of Asian credit union movement at the Opening session of Asian Credit Union Forum 2018 on September 14 in front of the credit union leaders from 22 countries attending the forum. They themselves are directly or indirectly benefited by the support of FSCT.
      For the topic in 2 days forum by the leading resources speaker from other countries such as Germany, Australia, Philippines and Canada etc.

Day 1
Plenary 1: Reporting back- Keeping the Colombo Declaration Alive and Working

      Whatever challenges the opposing forces may bring, keeping the Colombo Declaration alive and working with ACCU members is critical to the realization of a long-term dream of an integrated and sustainable credit union networks in Asia.
      The CEOs of ACCU member organizations have demonstrated their dedication to make the declaration work. The Declaration is a 10-point plan outlining actions needed to reach the goals on integration.
      The actions are game changers that would mean an organizational growth, transformation and better lives for members. In this session, select CEOs will share their stories, not only their achievements on the Declaration, but most importantly the challenges they faced and how they overcome them.

Plenary 2 : "Raiffeisen. Great idea!"
      "His strong idea is still of great importance. The aim of the Raiffeisen Year 2018 is therefore not only to remember this idea, but to provide a stage for Raiffeisen’s descendants in politics, business and society. The recognition of the cooperative idea by UNESCO as an intangible cultural heritage of humankind provides confirmation and an important impulse for this. More than 22 million people in Germany and more than 1 billion people worldwide are today members of a cooperative. They work in small, local teams as well as in international companies. The aim of the Raiffeisen Year 2018 is also to unite these people under one roof, to pool their strength and to show the cooperative as a model of the future." - German Friedrich Wilhelm Raiffeisen Society. The forum in honor of Raiffeisen’s great idea is not only intended to recall the man and his work, but also to promote an idea on how cooperatives handle financial crisis, contribute to the achievement of the SDGs, in particular on the goal on poverty, women empowerment, education for all and environment. Above all, this is the time for all credit union leaders to reflect on how far have we practiced cooperation. "What can´t be done alone, can be done together," a famous line of Raiffeisen. This plenary session will set the tone for the deliberation at the forum.

Plenary 3 : The Power of One
      Throughout the ages, leaders have been charged with the responsibility to motivate, influence, and enable others to attain results that defy their own perceptions of what is possible. How do leaders of social change ignite passion for a vision greater than themselves, challenge the status quo, engage the heart, and encourage the follower? It all starts with the Power of One which Dr.Troy calls "The Nehemiah Principle."

Plenary 4 : The Desjardins Group: Strong Community values, people-focused, modern, high performance and simple to do business with
      The Desjardins Group is the largest association of credit unions in North America, and is counted among the World’s Strongest Banks according to the Banker magazine. It was founded in 1900 in Levis, Quebec by Alphonse Desjardins to contribute to improving the economic and social well-being of people and communities within the compatible limits of its field of activity: by continually developing an integrated cooperative network of secure and profitable financial services, owned and administered by the members, as well as a network of complementary financial organizations with competitive returns, controlled by the members by educating people, particularly members, officers and employees, about democracy, economics, solidarity, and individual and collective responsibility. Desjardins, the leading cooperative financial group in Canada, inspires trust around the world through the commitment of its people, its financial strength and its contribution to sustainable prosperity.

Break out session 1
1.1 People Differentiation: Building Governance Model for Credit Unions
1.2 Creating Member Value: Measuring Impacts of Credit Union Services on Wealth Building of Members
1.3 Credit Union Development: How to Avoid Mission Drift and Stay True to Your Purpose
      The co-host, PFCCO&NATCCO, organized "Philippines Night" which provided the dinner and balance of Traditional & Contemporary performances in the first night.

Day 2
Plenary 5: Plenary 5: Kaya Platform: Your gateway to the future of big data; fintech and the future of credit union digitization

      The session features opportunities on digitization for credit unions using Kaya Payments Platform. Kaya is the beginning, and once the credit unions is on a digital payments platform, here is what the future holds for them. A live demo of Kaya Payment Platform doing a Blue Code, QR or Bar Code token payment (acted out on stage with credit union staff of a Kaya CU) will be made. The session will discuss about the Fintech Market Place and provide examples of new fintech tech innovations.

Break out session 2
3.1 People Differentiation: Purpose Driven Leadership - Discovering Why You are in a Credit Union
3.2 Creating Member Value: Evolving for the Future - Embracing Credit Union Differentiation and Underserved Markets
3.3 Credit Union Development: Promoting Women Entrepreneurship for Poverty Alleviation and Empowerment

Plenary 6: Rekindling Raiffeisen Ideals in the Heart of Every Credit Union
      As always, we would like to listen to the words of wisdom of the founding father of the credit union movement in Asia. Andrew would remind us of the values and principles that make credit unions different from other financial institutions. Raiffeisen idea made a worldwide impact. These ideologies noticeably improved the lives and economies of people. Two principles drove these developments: solidarity and help for self-help. The impact of credit unions should be retold and rekindled in the hearts of our people and thus, credit unions.

Plenary 7: Forum Recommendation
      In the last night, PFCCO and NATCCO organized "International Night" which have had the token auction from other countries and also concert and cultural performance.
      For the ACCU Forum and AGM 2019, the honorable co-host is Association of Cooperative Credit Union Malaysia (ACCUM), Malaysia in September 2019.




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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: