(NAR) VOL. 18 NO. 1/JANUARY - MARCH 2007
“Sec. X380 Non-Financial Allied Undertakings
x x x
b. RBs/Coop Banks
RBs/Coop banks may invest, as a non-financial undertaking, in the equities of companies engaged in the following:
- Warehousing and other post-harvest facilities;
- Fertilizer and agricultural chemical and pesticide distribution;
- Farm equipment distribution;
- Trucking and transportation of agricultural products;
- Marketing of agricultural products;
- Leasing;
- Automated Teller Machine (ATM) networks; and
- Other undertakings as may be determined by the Monetary Board.”