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Volksbank Raiffeisenbank Oberbayern Südost eG, Bad Reichenhall, Germany
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Corporate purpose
1) The purpose of the cooperative is the economic promotion and support of the members. 2) The object of the company is the execution of customary banking and supplementary transactions, as well as the goods and services business, in particular a) the cultivation of the savings idea, especially by accepting savings deposits; (b) the acceptance of other deposits; (c) the granting of credits of all kinds; (d) the provision of sureties, guarantees and other guarantees and the performance of fiduciary transactions; (e) the implementation of payment transactions; (f) the conduct of foreign transactions, including the purchase and sale of foreign currency and varieties; (g) investment advice, brokerage and asset management; (h) the acquisition, disposal, safekeeping and management of securities and other assets; (i) the brokerage or sale of home savings contracts, insurance and travel; (j) the joint purchasing of basic agricultural goods; (k) joint sales of agricultural products; (l) trade in other goods and other services; m) the brokerage of real estate, shareholdings and others; (n) the acquisition of shareholdings; (o) the collection of debts. (p) the brokering and provision of services and the sale of goods in order to increase the attractiveness of the branches. (q) the acquisition and development of land and buildings for rental purposes. 3) The cooperative may establish branches and participate in companies. 4) The extension of business operations to non-members is permitted.
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