Bank of the City of Buenos Aires

organization

municipal commercial bank in Argentina

History Claim
The Bank of the City of Buenos Aires, doing business as Banco Ciudad, is a publicly owned, municipal commercial bank in Buenos Aires, Argentina. It was founded on May 23, 1878, under the name Monte de Piedad, with the purpose of fighting usury in the city by giving loans at a below-market interest, in order to reduce social inequalities.
Bank of the City of Buenos Aires
Image: Wikimedia Commons

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