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Volksbank Rhede eG, Rhede, Germany
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Corporate purpose
The execution of customary banking and supplementary transactions, in particular a) the cultivation of the idea of savings, in particular by accepting deposits; (b) the granting of credits of all kinds; (c) the provision of sureties, guarantees and other guarantees and the conduct of fiduciary transactions; (d) the execution of payment transactions; (e) the conduct of foreign transactions, including the purchase and sale of foreign currency and varieties; (f) investment advice, brokerage and asset management; (g) the acquisition, disposal, safekeeping and management of securities and other assets; h) the brokerage or sale of home savings contracts, insurance, real estate and travel; i) the purchase and sale of real estate, land and similar rights (such as heritable building rights, partial and residential property), the development and development of own land, the formation of immovable property rights to own real estate, the sale of own real estate and similar rights, the letting and leasing as well as the management of own and third-party real estate and similar rights. This can also be done through subsidiaries and fund units. The cooperative may establish branches and participate in companies. The extension of business operations to non-members is permitted.
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