CRD Welcome Package
SCHEDULE II
Section 2
Business of a financial nature includes the following types of business:
Class
Activities
1. Finance House or Finance Company Hire purchase and installment credit
2. Credit Unions
Provision of basic savings (share accounts) for members and making loans to members. Floating and underwriting, stocks, Shares, and bonds Loans syndication Dealing in gold Providing consultancy and investment management services and corporate
3. Merchant Bank
advisory services Acceptance credit Project Development Lease financing Foreign exchange dealing Inter-bank financing.
4. Mortgage Institutions
Mortgage lending
5. Trust Company
Managing Trust Funds Performing duties of trustees Executor or administrator and attorney Administration of Pension Funds Mortgage lending. Providing facilities for the participation by persons as beneficiaries under a trust or other scheme, in profits or income arising from the acquisition, holding, management or disposal of securities or any other property whatever
6. Unit Trust
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