ASEAN Economic Community (AEC) is going to be implemented on January 1st 2015. The application of AEC meant applying the free trade of ASEAN countries. It will be give impacts to all economic aspects which will be influenced in growing and developing for each country. Economic growth comes from the people who get capital from financial institutions to increase their business well. Financial institutions like Bank and non-Bank are helping them to give capital, Credit Union is the one of financial institution that help people in providing capital. Credit Unions are also be the best product in financial service must ready to compete with other financial institutions in facing AEC. How is Credit Union viewed AEC? The chairman of Pancur Kasih Credit Union, Drs. F. Y. Khosmas, M.Si, gives his view about AEC...
AEC is the community which will join together in economic business with free trade, every community has the best product from their country. The best specific product will be the strongest product from their country which will be competing with other countries. The specific products will be distributed in the global market. In fact, it has been done recently. There are so many products from abroad that have been influencing Indonesian products. Indonesia should be able to compete with other countries which have the best product from among countries.
AEC impacts for Credit Union..
Generally, it does not have the impact of the Credit Union. It is because Credit Union is a kind of community activities. Credit Union is the community organization for managing their money including saving and investment. Credit unions could help community to run their business well so that they can compete with others. The most important thing is government’s roles in controlling the global market. But, Credit Union community activity in saving money. Then, Credit union will manage their money so that they can loan/ borrow credit for their capital business. So, Credit Union is the only institution that gives capital money for the member/community. Members play the most important role in facing the AEC.
AEC gives opportunities to the community to develop/ create the best product for each country. The product can compete with other ASEAN countries.
The possibility of the Credit Union to cooperate with other institutions / foreign institutions.
Credit Union won't be cooperating with others, it is very difficult and impossible. Credit Union is a financial management institutions different from others. Credit Union as a Cooperation, is a community join together to manage the money and lend the money for the member. People who join in Credit Union is the owner of the Credit Union. So, it is impossible if the Credit Union joined together with others but for other things it could be done such as credit union invest the capital in one financial institution. Every institution is growth in their own management, although Credit Union was also financial institutions in managing the money.
|Delly Handoko is one of an active member in Pancur Kasih Credit Union, Subah branch office service area. Being an active member not only involved in saving and loan money but also as the volunteer being part of core groups and collectors. Being a volunteer in Credit Union is one of Delly’s ... [more]|