The Effective Management of Credit Union Cooperatives in Thailand

Abstract

  The study entitled “The Effective Management of Credit Union Cooperatives in Thailand” aimed to investigate (1) currently liquidity and management of Credit Union Cooperatives in Thailand, and (2) key factors of the effective management of Credit Union Cooperatives in Thailand. The researcher was conducted in-depth interviewing with chief executives from Credit Union Cooperatives in Thailand who received reward as the best National Credit Union Cooperatives and four samples of Credit Union Cooperatives included Soon KlangThewa, Saint Peter, Thai Honda, and NHK Spring for totally 20 persons.
   The results were revealed that the liquidity and management of Credit Union Cooperatives in Thailand were similar format because members were the main point of Credit Union Cooperatives’ organization and focused on making relationship or connection with committees. Those committees were come from the election and their working was based on the relationship or connection, respect, and share the same goal with members in order to develop the potential of community. The key factors of the effective management of Credit Union Cooperatives in Thailand were the expansion of members. Although, the number of members kept increasing very slow but the Credit Union Cooperatives in Thailand would play attention on quality instead of fast growing. In addition, they also emphasized on building trust and faithful relationship, and proceeding getting stronger.