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Article 50

The Agency may, through its Board of Directors or its duly authorized officials, exercise all the powers vested in it under the provisions of this Law. It may also do all such other acts as are considered necessary for or incidental to the exercise of its powers. The Agency shall in particular, do the following:

(a) Issue sight drafts and make other transfers that are payable at its head office or its branches, or with any of its agents or correspondents.
(b) Open accounts and accept deposits from persons other than those mentioned in Article (33) paragraph (a) and Article (42) paragraph (a), subject to the prior approval the Minister of Finance.