 At the time, Argentina was starting to grow demographically (through immigration) and economically (through the exportation of agricultural products).The bank's first Provisional Direction was composed of Carlos Casado del Alisal (presiding), Benjamín Ledesma, Manuel Carlés and Evaristo Machain, elected by vote, and Melitón Ibarlucea and Mariano Alvarado as representatives of the provincial government.Its capital was divided in 20,000 stocks