World Council of Credit Unions (WOCCU) is organizing a World Credit Union Conference from 28th to 31st July 2019 at the Atlantis Resort in the Bahamas. The conference is being jointly hosted by World Council and Caribbean Confederation of Credit Union.
There are not many participants from India, largely due to the fact that NAFCUB is no longer its member due to its high subscription fees. Still, due to its significance for UCBs and credit co-ops Nafcub President Jyotindra Mehta has gone to attend the conference. Sahakar Bharati National General Secretary Uday Joshi is also attending the event. There may be more participants from India but Subhas Gupta, the CE of NAFCUB has no further knowledge in the matter.
More than 25 sessions will be held and 50 speakers will speak during the conference. It will provide platform to participants to make global connections. Representations from over 55 countries would participate. During the conference participants can also explore the Bahamas in Caribbean.
It bears recall that the last conference was held in 2018 at Singapore where 1,434 people attended the conference. The 2020 World Credit Union Conference will be held in Los Angeles, California, 19-22 July.
The World Credit Union Conference is designed for high-level credit union leaders from around the globe including credit union staff, board of directors, supervisory committee members and international regulators.
During his visit to India this January WOCCU President Mr. Brain Lee Branch Branch had given an interview to Indian Cooperative and had said that American credit co-ops are no different from that of India”.
“Problems of credit coops of India are common to credit unions of several other countries. It’s a universal experience. The problem is mainly technological as well as not attracting youngsters into the co-operative fold”, he said while sharing his experience after visiting several co-ops of India with the Indian Cooperative correspondent.
He had visited Maharashtra, Karnataka and Gujarat which the states with a strong cooperative movement. Branch viewed India and China as the two important regions where there is a huge scope for credit co-op movement.