Banco de Valores was created in 1978, aimed at developing not only the activities of a commercial bank, but also all other activities typical of an Investment Bank. Its founder, Mercado de Valores de Buenos Aires S.A , controlling 99.9% of the capital stock, has designed the distinctive profile within the banking system that it currently represents, turning it into the Financial Entity of the Argentine Stock Exchange System.

Given that Banco de Valores has been created and is managed by professionals with an extensive and remarkable background in stock exchange, it counts with the close institutional link constantly provided by Grupo Mercado de Valores de Buenos Aires S.A., Buenos Aires Stock Exchange and Caja de Valores S.A. This evidences the wide experience of its members in the distribution and trading of securities.

Hence, it is worth making a brief description of the Stock Exchange System as a Group, in order to thoroughly explain the role of Banco de Valores as the financial branch of such Group, as well as its leadership in the Argentine Capital Market.

The following are the institutions that make up the Stock Exchange System: