On Friday, 28 February, Australian Mutual Bank had the honour of receiving a delegation from the Federation of Savings and Credit Cooperatives of Thailand (FSCT). The visit was hosted by CEO Mark Worthington and provided an opportunity to share insights into the operations of both Australian Mutual Bank and the Australian Mutuals Foundation (AMF).
Mike Lawrence, the CEO of Australia’s Customer Owned Banking Association and Chair of the World Council of Credit Unions made a presentation on global credit union issues. AMF director and G&C Mutual Bank CEO Rosanna Argall also participated in the meeting.
The Thai delegation was particularly interested in Australia’s regulatory environment and how mutual banking institutions navigate compliance while maintaining their member-first approach. Discussions also focused on the role of the Australian Mutuals Foundation in supporting financial inclusion and community development.
The FSCT visit began with a Welcome to Country ceremony and a didgeridoo performance by Brendan Kerin from the Metropolitan Local Aboriginal Land Council, offering a meaningful introduction to the deep cultural heritage of Gadigal Country.
Engagements like these highlight the global significance of the mutual banking sector and the value of international collaboration in strengthening financial cooperatives worldwide.
