2
—
SUNDAY OCTOBER 70, 1991
INTERNATIONAL CREDIT UNION DAY CELEBRATED
THE SUCCESS OF CREDIT UNIONS IN HONG KONG IS THE DIRECT RESULT ΤΟ THE PRINCIPLES OF THE CONTINUING BELIEF, PRACTICE AND COMMITMENT
OF THE PEOPLE WHO HAVE OF CO-OPERATION AND THE VISION CREATE THEM, THE REGISTRAR OF CREDIT UNIONS, THIS (SUNDAY) EVENING.
DR LAWRENCE
SPEAKING AT A DINNER PARTY TO CELEBRATE THE 1991 CREDIT UNION DAY, DR LEE, WHO IS
HELPED TO LEE, SAID
INTERNATIONAL
ALSO DIRECTOR OF AGRICULTURE AND.
THE GROWTH OF THE CREDIT THEY HAD RESPONDFD про THEIR
FISHERIES, SAID HE WAS VERY PLEASED WITH UNIONS GENERALLY AND THE WAY IN WHICH MEMBERS' NEEDS.
PRINCIPLES OF THRIFT, CONCERN, LEADERSHIP AND MANAGEMENT
"AT THE SAME TIME, THEY HAVE INCUBATED SELF-RELIANCE, DEMOCRACY, SOCIAL SKILL, HE CONTINUED.
++
OF CREDIT UNIONS, FOR
THE THEME CHOSEN BY THE WORLD COUNCIL THIS YEAR'S CELEBRATION IS: "CREDIT UNIONS: PASSPORTS TO OPPORTUNITY"
DR LEE SAID: "THE OPPORTUNITIES OFFERED BY
CREDIT UNIONS ARE
TWO-FOLD.
"ON THE
OPPORTUNITIES TO SAVE, TO
ONE HAND,
CREDIT BORROW QUALITY
OF
UNIONS AT FAIR
LIFE FOR
MEMBERS PROVIDE
RATES INTEREST
WITH
AND
THEMSELVES
AND
THE THEIR
++
THE CHANCE TO IMPROVE FAMILIES THROUGH CO-OPERATION WITH OTHERS.
ON
THE OTHER HAND,
MEMBERS SAID
WERE
OFFERED
THE
HE OPPORTUNITY FOR DEMOCRATIC CONTROL AND MEMBER OWNERSHIP; TO VOLUNTEER TO ELECT THEIR THEIR PERSONAL INVOLVEMENT; TO EXERCISE THEIR RIGHT
AND
OF VOLUNTARY MEMBERSHIP REGARDLESS OWN LEADERS; AND FOR RACE, SEX, CREED, SOCIAL STANDING OR POLITICAL AFFILIATION.
OPEN
UNIONS ARE 'PASSPORT' BY
FI HE SAID.
"THERE IS NO DOUBT THAT THE CREDIT WHICH MEMBERS ARE PROVIDED WITH THESE OPPORTUNITIES,
DR LEE NOTED THAT THE CREDIT UNION MOVEMENT IN BORNE FRUIT SINCE ITS INTRODUCTION IN THE MID 1960'S.
ACCORDING TO OUR RECORDS,
HONG KONG HAD
SOON AFTER THE CREDIT MEMBERSHIP AT MARCH 31, SAVINGS WERE $860,000.
UNION
1971
37 CREDIT UNIONS WERE REGISTERED ORDINANCE CAME INTO
IN 1970. EFFECT
WAS LESS THAN
AND THE 5,500
TOTAL
"TWENTY YEARS
LATER,
ON
THERE 1991,
WERE SAVINGS OF 38,000
REGISTERED CREDIT UNIONS WITH MEMBERSHIP AND $217 MILLION RESPECTIVELY, DEMONSTRATING A VERY HEALTHY GROWTH OF
MARCH
31,
66
AND
THE
MOVEMENT,' HE SAID..
יז
/DR LEE