Banco de Valores S.A. was created in 1978 to develop commercial banking activities and those related to investment banking.
Mercado de Valores de Buenos Aires, its founder, designed its distinctive profile in the banking system it currently represents, making it the most identified financial institution with the capital market in Argentina. This condition remains fully valid in view of the recent creation of Bolsas y Mercados Argentinos S. A. (BYMA), a follow-on market to MERVAL, as a result of the division of MERVAL into two companies, BYMA, in association with the Buenos Aires Stock Exchange and Grupo Financiero Valores S. A., which becomes the majority shareholder, holding 99,9% of Banco de Valores shares.
It is the only Bank in Argentina whose foundational objective is to contribute to the development of capital markets.
The experience of the stock market system does not require further comments. Two years after the founding act of Bolsa de Comercio de Buenos Aires (Buenos Aires Stock Exchange) took place in 1856, it started the subscription and trading of shares of the first companies that made a public offering, among them: Compañía de Gas, Banco Argentino, Caja de Crédito, Coliseum and Ferrocarriles del Sur. The Patriotic Fund coordination was carried out in 1898 and the Stock Exchange showed the decisive role it could play in the following decades regarding the development of the argentine capital markets.
The institutional connection with brokers and brokerage firms was successfully evidenced with the placement of more than 1,299 capital market transactions (equity-debt securities-financial trust) for a total of $142,306 million.
Banco de Valores is a trading company registered with the Public Registry of Commerce on December 18, 1978, under number 4834, Book 88, Volume A of Corporations and was authorized to operate as a commercial bank by Banco Central de la República Argentina, on October 6, 1978, having registered office in Sarmiento 310, City of Buenos Aires.