The purpose of the branch is to hold participations in any form in domestic and foreign companies or other economic units, to acquire through purchase, subscription or otherwise and to transfer through sale, exchange or otherwise of shares, bonds, debentures, loans and other securities of any kind, as well as to own, manage, develop and manage its portfolio. The branch may grant loans and financing in any other form or provide guarantees or securities in any other form in favor of third parties with respect to its own obligations or the obligations of the companies and businesses that are part of the group to which the company belongs. The branch may also grant loans and financing in any other form or provide guarantees or securities in any other form in favor of companies and businesses that are not part of the group to which the company belongs, provided that this activity is not considered a regulated activity of the financial sector requiring a license. The branch may also invest in real estate, intellectual property rights or other movable and immovable assets of any kind and form. The branch may borrow in any form and issue bonds, preference shares (whether convertible into shares or not) or debentures or other debt securities as well as option certificates or other share subscription rights. In general, the branch may carry out all commercial, industrial or financial operations that it considers useful for achieving and developing its purpose.