The acquisition, financing, administration and sale of participations of all kinds in Switzerland and abroad. It may, in Switzerland or abroad, establish branches, manage and participate in other companies, acquire all properties or real estate companies within the framework of its activity, acquire or establish companies with an identical or similar purpose, carry out all operations and conclude all contracts intended to develop its purpose or related directly or indirectly. It may grant loans or guarantees of any kind to shareholders or third parties, provided that this serves its interests.