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Media Release: Singapore to Host the World’s Leading Global Conference for the Credit Co-operative Industry for the First Time

Global financial industry experts share their expertise on adapting fintech innovations and power of collaboration to stay resilient and relevant in today’s world

Singapore, 13 Jul 2018 - Singapore will be the first country in Southeast Asia to host the World Credit Union Conference (WCUC), a high-level global event for the credit co-operative industry, from 15 to 18 July 2018. Singapore won the rights to host the annual event in 2016.

The four-day event, which is jointly organised by the World Council of Credit Unions (WOCCU) and the Singapore National Co-operative Federation (SNCF), and supported by the Singapore Tourism Board (STB), will be attended by over 1,400 leaders from the world’s leading credit co-operatives (co-ops) in 58 countries. WCUC is also the only conference that has a global focus on improving lives through credit co-operatives.

Mr Heng Chee How, Senior Minister of State for Defence and Deputy Secretary-General of NTUC, will grace the opening ceremony at the Suntec Singapore Convention and Exhibition Centre this Sunday (15 July) at 4.30pm.

Read more - download the full Media Release.


sncf anniversary dinner 800x333px

It's that time of the year again! Join SNCF in celebrating our 38th anniversary!

Date: 22 September 2018, Saturday, 6pm
 Grand Ballroom, One Farrer Hotel & Spa (view on map)
Attire: Retro to Futurist Outfits

With the theme
“Coming Together: Journey Through Time”, we would like to bring you back in time to see the yesteryears and how co-operatives banded themselves to address social and economic needs. 


38 anniversary dinner dress to impressImage source: Google

It will be an evening of fun and entertainment! So, get yourself dressed up in Retro or Futurist outfit, paving a way for vintage styles to come back into the fashion of today. Who knows you may walk away with the best dressed award.

On top of that, stand a chance to win our top Lucky Draw prize - a pair of return tickets to London! Not forgetting attractive prizes like iPhone X, LED Smart TV and many more.

So, come join us for an exciting and memorable night as we celebrate our 38th Anniversary together as a movement!

Tables are limited! Kindly contact your respective Relationship Manager for more information.

Below is a list of training events that we have mapped out for FY2018: 1 April 2018 to 31 March 2019 for your planning. For enquiries, please feel free to contact your respective Relationship Manager.

1st Quarter (April to June 2018)

Date Day Course Sector Trainer Status
7 - 9 May Mon - Wed Basic Financial Accounting Module 1,2,3 All Lee Kin Wai Completed
19 May Sat Code of Governance Credit Victor Yeo Chuan Seng Completed


2nd Quarter (July to September 2018)

Date Day Course Sector Trainer Status
8 and 12 Jun Fri Co-operative Governance All Victor Yeo Chuan Seng; 
Jeanette Houmayune
31 Jul Tue Governance Guides Credit Deloitte and Touche Completed
24 Aug Fri Code of Governance Credit Victor Yeo Chuan Seng Upcoming

3rd Quarter (October to December 2018)

Date Day Course Sector Trainer Status
22 - 24 Oct Mon - Wed Basic Financial Accounting Module 1,2,3 All Lee Kin Wai To be advised
27 Oct Sat Governance Guides Credit Deloitte and Touche To be advised
17 Nov  Sat Code of Governance Credit Victor Yeo Chuan Seng To be advised

4th Quarter (January to March 2019)

Date Day Course Sector Trainer Status
22 Feb Fri Governance Guides Credit Deloitte and Touche To be advised
15 Mar Fri Code of Governance Credit Victor Yeo Chuan Seng To be advised

wcuc banner 920w


Singapore, 15 – 18 July


Credit Co-ops can apply for CCF grant to attend WCUC. The first two registrants enjoy 90% subsidy and 3rd registrant, 50%.


For more details, please email

Thank you to our affiliates, scholars and partners for attending our New Year Reception on 1 Feb 2018! It was a wonderful evening spent together to meet new friends, participate in activities together and start the year "Greater Together"!

Don't worry if you've missed the fun. View the snippets of the event below!

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For more photos, please visit our Facebook album here.

Website Contest Page Banner V2

Join our "That's a Co-op" contest and win SGD100 worth of vouchers!

  1.  Follow our @sncfsg instagram account

  2. Post an original image on your public instagram account with/of a co-operative of your choice

  3. In the caption: tell us the name of the co-op, where is the co-op from, why you like this co-op and hashtag #thatsacoop
    (Example: I love RunningHour (Singapore) because it made a difference to the lives of the visually handicapped. #thatsacoop )

Stand to win SGD100 worth of vouchers!
3 winners will be selected for each month.

Local Prize: Starbucks / NTUC FairPrice / CapitaLand vouchers

International Prize: Amazon vouchers

Entries will be shortlisted based on Relevancy, Creativity and Number of Likes (on post).

BONUS: Participants who choose a co-op that is least featured stand a higher chance!


Terms & Conditions:

Organiser: Singapore National Co-operative Federation (SNCF)

Contest Period: 10 March - 27 July 2018

Eligible Entrants: Open to local and international entries

Judging Dates: 27 March, 24 April, 22 May, 26 June, 24 July 2018

Winner Announcement: Last Friday of each month

Prizes: Prizes are non-transferable and not redeemable for cash. Prizes that are not collected within two months of notification will be forfeited. SNCF reserves the right to substitute any prize, if deemed necessary.


  • By tagging #thatsacoop and entering the competition, you agree that your submitted entry may be used for SNCF's marketing purposes and that you have sought the permission of the people featured in your photo prior to the submission.
  • SNCF reserves the right to disqualify entries that do not meet the rules and regulations of the contest.
  • SNCF's decision on the winning entries is final.
  • SNCF reserves the right to publish participants' names and contest entries in its publicity materials. SNCF reserves the right to use and publish the submitted post in any form.
  • SNCF reserves the right to change these Terms and Conditions, if necessary at any time.


@hannahalkaff: #DoYouKnow FairPrice maintains a basket of 400 essential items that are affordable for people. At least 90 per cent of Everyday Low Price items are among the lowest priced in the market!
#ScoopTrail2018 #SNCFsg #CoopYouth #thatsacoop #Cooperative #NTUCFairPrice #teamneed2grad
@kennethyapper:#DoYouKnow CJC Coop;is the first school-based co-operative;society in Singapore!
#ScoopTrail2018 #SNCFsg #CatholicJC #CoopYouth #thatsacoop #Cooperative #TeamGobiyond #Team10 @sncfsg
Ouh Dreey
@ouh_dreey: DoYouKnow FairPrice maintains a basket of 400 essential items that are affordable for people. At least 90 per cent of Everyday Low Price items are among the lowest priced in the market!
#ScoopTrail2018 #SNCFsg #CoopYouth #thatsacoop #Cooperative #NTUCFairPrice #TeamRHouse
@_actofvalor: Fareground: Serving hipster food at a fair amount. #thatsacoop #sncf #ntucfoodfare #pasirirshawkercentre
@brickandmortarcollective: Name: Brick and Mortar Collective -Detroit Michigan Why we like it here: owning a and repairing a home is a lot easier with solidarity! #coop #thatsacoop #comrades #icecream
@powerpsyduck: Just got my TCC credit co-op card today !!! I have been seeing @sncfsg
promoting about co-op this month, so I went to find out more and sign up for this !
Now I'm a member of ntuc co-op, aupe co-op and now tcc co-op !! 😁
For those members who earn "average" salary may find it easier to borrow from them compared to large commercial banks. #sncfsg #thatsacoop #contest #cooperatives #gocoop #coops4dev #coopyouth
@sereneyew: <The Good Life Co-operative> is located at 820 Thomson Road #07-57 Singapore 574623. I like this Co-op. because the founder Dr. Carol Tan Yean Eng offers medical services such as highly subsidised vaccinations to the Low-Income families in an honest and equitable manner. #thatsacoop
@w.orm: I love CJC CO-OP. Co-op is my life and home I feel that it is really insiprational that co-op contribute its profits to the student needy fund!!! making sure that it contributes back to the school the students and the auntie spending hrs working in the co-op to help serve the school community!!!!! #thatsacoop
Huiru Ruien
@huiru_ruien: CJC co-op #thatsacoop @sncfsg I love how the coop is my third home :)) the hours our nexus spent in the co-op 1hr every wk to serve the students was memorable :)) I love how the co-op choose to keep their prices low and profits donated to the student needy fund so as to contribute back to the community!!! All my nexus members I love y'all ❤️❤️
@1810fm: #throwback #doyouknow @incomemadedifferent launched #orangeforce on 18 Oct 2011 which also my DOB. 😊 Orange Force became my second home ever since. I love this Co-Op because we are the only #insurance company offering assistsnce to policy holders after they met with an accident. The hotline to remember is 67895000 and did I mention it is 24/7. #BeSafe #BeSmart #BeSeen today & everyday. 😉 #thatsacoop @sncfsg
@nickdapoohbear: AGM marks our final CCA Session together.
Beginning my entrepreneurial journey not knowing what to expect and who I'll meet were things I feared. As time passed, the awkward us grew to be a loving Nexus Family.
I looked forward to every session because it was always fun & laughter, things that turned my down days around. Even though we won't meet up as frequent, I hope that we will continue hanging out even as our schedule becomes busier. Love you guys!!!❤ All the best for A Levels! Wishing the J1s a fruitful time as well & make Nexus even greater☺ I don't regret joining a cooperative because it gave me an insight on how certain products came about for a purposeful objective & many of such products are common items seen in our everyday lives which I would never have realised unless I became a member of a cooperative.
Moreover, it gave me the opportunity to serve others together with my team members which is really meaningful. @sncfsg #thatsacoop
@coldkohmew: #thatsacoop @ntuclearninghub is a local co-op, I love the co-op because it provides me the opportunity to upgrade my skills and take on greater responsibilities in the future
Lavender Teo
@lavender_teo: I ❤💗💖 NTUC Health Co-op (Singapore) because they provides a comprehensive and integrated suite of quality and affordable health and eldercare services such as the active ageing hub at Kampung Admiralty. Active agers are encouraged to remain engaged and healthy through a host of community activities and health services. This is my grandma favourite local hangout 😊❤ #thatsacoop
@thetomitomo: The Credit Co-operative (TCC) is comprehensive non profit financial institution. I like TCC because they provide members with a safe repository for savings and access to credit at affordable interest rates! So... Need to pay tuition fee? Buying a house? Getting married? TCC is there for you! The Credit Co-op with a heart! #thatsacoop #sncfsg
@ivonecr: Anlene is one of Co-operative company from New Zealand by a global dairy nutrion company owned by 10.500 farmers ans their families! Make people can get the power of dairy in easy and tasty way 😍 #thatsacoop #anlene


Singapore, 17 November 2017 - Members of the International Co-operative Alliance (ICA), the apex organisation for more than 300 member organisations across 105 countries and representing close to one billion individuals worldwide, have today elected Mr Kwek Kok Kwong, Chairman of the Singapore National Co-operative Federation (SNCF), into the ICA Global Board.

Mr Kwek, who is also Chief Executive Officer of NTUC LearningHub Co-operative Limited, is one of 15 newly-elected members of the ICA Board this year. The Board oversees the interests of the global co-operative movement and works with international policymakers to create a more supportive political, legal and regulatory environment in which co-operatives can thrive.

Based on 2017 World Co-operative Monitor1, an annual research report produced by ICA that collects data on co-operatives around the world, the largest 300 co-operatives have a combined turnover of USD2.16 trillion in 2015, exceeding the GDP of countries such as Canada (USD1.53 trillion) and Italy (USD1.85 trillion) and placing it among the world’s top 10 economies.

This year, there are 21 candidates for the ‘at large’ board of directors.

Mr Kwek is the second Singaporean to be elected into the ICA Global Board after Mr Seah Kian Peng, Chief Executive Officer, NTUC FairPrice Co-operative Ltd of Singapore. Mr Seah served on the Board for three terms from 2005 to 2017.

Dr Ang Hak Seng, Executive Director of the Registry of Co-operative Societies (the Registry), and Deputy Secretary, Ministry of Culture, Community and Youth (MCCY) said: “On behalf of MCCY and the Registry, I would like to congratulate Mr Kwek on his appointment to the ICA Global Board. This is a strong testimony to Singapore’s achievement and contribution to the global co-operative sector. I believe that Mr Kwek will represent Singapore well in the global co-operative movement to meet the changing needs of people around the world. Through greater collaboration in areas like supporting the silver generation and engaging the youth, we can build a stronger co-operative movement and bond within communities.”

The election took place at ICA’s Global Conference and General Assembly in Kuala Lumpur, Malaysia. From 14 to 17 November 2017, ICA members and the global co-operative community gathered to discuss the sustainability and growth of the co-operative movement.

Themed “Putting People at the Centre of Development”, the conference delved into the key role of co-operatives, as a growing and sustainable form of enterprise, can play to improve equality, end poverty, care for the environment, and empower communities around the world.

“It is a great honour for me to be elected and I am grateful to ICA members, ICA-Asia Pacific Board members and SNCF for their support and nomination. Co-operatives have a unique sustainable business model that puts people at the centre of development. As a new member of the Global Board, I believe my experience in diplomacy and collaboration will help ICA to achieve its strategic objectives – to create an enabling environment for co-operatives to thrive and grow, and to advance the global co-operative movement’s economic and social impact,” said Mr Kwek, who will serve a four-year term from November 2017. He continued, “I also look forward to forging closer collaborations between local, regional and international co-operatives, supporting the needs of the world’s ageing population and growing the co-operative movement amongst the youth of today to promote the sustainability of the co-operatives. Only by working together can we be Greater Together."

A board member of the ICA-Asia Pacific Board since November 2016, Mr Kwek has actively forged closer relations and strengthened ties between Singapore’s co-operative movement and regional and international co-operatives. Under his leadership, SNCF has hosted and organised many exchanges with co-operative leaders from countries such as Iran, South Korea, India and Malaysia.

As the CEO of NTUC LearningHub, Singapore’s largest education and training co-operative, Mr Kwek had been instrumental in supporting the nation-wide SkillsFuture campaign to re-skill and up-skill the workforce, focusing on Infocomm Technology (ICT) and digitisation to better prepare employees for a fast-changing economy. In recent years, he also led the expansion of its suite of offerings to include training in design thinking, productivity, human resource, and eldercare.

ICA is an independent, non-governmental association that unites, represents and serves co-operatives globally. Members of ICA include national level co-operative federations, individual co-operatives, organisations and government offices.

It is one of the first non-government organisations officially recognised by the United Nations. Today it holds general category consultative status with the UN Economic and Social Council (ECOSOC) and works with global and regional governments and organisations to create conducive legislative environment that allow co-operatives to form and grow.

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