Section 5

to receive money on savings, current or deposit account;

to pay and collect cheques drawn by or paid in by its customers;

to grant any advances, loans or credit facilities to its customers;

to acquire or dispose of any property, movable or immovable, which the Bank thinks necessary or expedient;

to buy, sell, discount and re-discount bills of exchange, promissory notes and treasury bills;

to issue bills and drafts and effect transfers of moneys;

to appoint agents to act on behalf of the Bank;

to form or participate in the formation of a company or enter into partnership or an arrangement for the sharing of profits as may be conducive to the functions of the Bank;

to provide training facilities for its employees or do anything for the purpose of advancing the skill and knowledge of its employees;

to grant loans to its employees for a purpose specifically approved by the Bank;

to promote recreational activities for and activities conducive to the welfare of its employees; and

to do anything incidental to any of its functions and powers.