The KFCC&FCST Leadership Exchange Program 2018 during October 4-11, 2018 in Korea for 20 delegates from FSCT and its member. The 8 days program provided the cultural immersion and study visit in Seoul, Ulsan and Jeju. We had the study visit at the Korean Federation of Community Credit Cooperatives (KFCC) in Seoul, KIA Automobile CC in Gyeonggi and JungUlsan CC in Ulsan.
       The following information is about KFCC which we would like to share. KFCC and CC have together set out a value system of mission, vision, and core values that will guide all of them at CC and KFCC to work together to achieve their objective of creating sustainable long-term value for all their members and other stakeholders. Since its founding in 1973, KFCC has aimed to be a trusted partner for CCs. Its founding purpose is to guide and supervise the management of CCs, and thus to promote common interests. In addition to guiding and supervising CCs, KFCC regulates the CCs' operational funds, in effect as their central bank, as well as offering insurance for CCs and their members. It also manages depositor protection reserve funds in order to protect members' deposits and installment deposits, and provides training to CCs and their employees. KFCC undertakes PR campaigns which raise awareness of CCs. Another important task for KFCC is to leverage its development experience in Korea to strengthen relationships with international cooperative organizations. KFCC also conducts surveys and research on the financial and economic environment at home and abroad, and undertakes international development and cooperation projects that help the voluntary establishment of CCs in developing countries.

KFCC Mission
Provide supervision and guidance for CC, promote common interests and sound growth, and contribute to the happiness of the people and national and social development.

KFCC Vision
A cooperative group that leads shared growth through value-based management. The

To become a cooperative group that leads shared growth with CCs, CC members and local communities through value-based management.

KFCC

(Unit: KRW million)
Business Size	2017	2016
Total Assets	50,891,458	50,971,348
Marketable Securities	37,130,981	37,379,035
Loans	10,274,671	10,215,115
Equity Capital	2,360,714	2,012,268
Net Income	244,333	311,583

(Unit: Persons)
Employees	2017	2016
Executives	21	21
Staff	841	817

      Finally, we will take this opportunity to express our deep appreciation for KFCC's friendly welcome and warm hospitality extended to us. Besides, FSCT is ready to welcome KFCC's delegates to visit FSCT and SACCOs in Thailand on December 6-13, 2018. We will do our best to serve you all.