The first steps toward the capitalist boom date from the 1930s, with the construction of FHASA and the creation of professional banking with Banc Agrícol (1930) and Crèdit Andorrà (1949), later with Banca Mora (1952), Banca Cassany (1958) and SOBANCA (1960).
ðə fˈɜːst stˈɛps təwˈɔːɹd ðə kˈæpɪɾəlˌɪst bˈuːm dˈeɪt fɹʌmðə nˈaɪntiːnhˈʌndɹɪd θˈɜːɾi z, wɪððə kənstɹˈʌkʃən ʌv ˈɛfhˈɑːsə ænd ðə kɹiːˈeɪʃən ʌv pɹəfˈɛʃənəl bˈæŋkɪŋ wɪð bˈæŋk ˈæɡɹɪkˌɑːl nˈaɪntiːnhˈʌndɹɪd θˈɜːɾi ænd kɹˈɛdɪt ˈændɔɹˌæ nˈaɪntiːnhˈʌndɹɪd fˈoːɹɾi nˈaɪn, lˈeɪɾɚ wɪð bˈæŋkə mˈɔːɹə nˈaɪntiːnhˈʌndɹɪd fˈɪfti tˈuː, bˈæŋkə kˈæsəni nˈaɪntiːnhˈʌndɹɪd fˈɪfti ˈeɪt ænd soʊbˈæŋkə nˈaɪntiːnhˈʌndɹɪd sˈɪksti.