Claim: The Bank of the City of Buenos Aires (Banco Ciudad de Buenos Aires) was first named Piety Mount (Monte de Piedad) in 1878, and now its new branch at the capital city of Cordoba is already open to the public daily from 8:30 to 13:30 hours after its inauguration which became a prominent political event was held.
Evidence: The Bank of the City of Buenos Aires (Banco Ciudad de 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 (Piety Mount), with the purpose of fighting usury in the city (mostly targeting the growing wave of immigration in Argentina) by giving loans at a below-market interest, in order to reduce social inequalities. The new branch in the capital city of Cordoba, located in 45 Buenos Aires St., is already running and open to the public from 8:30 to 13:30hs, and offers all banking and financial services. The inauguration ceremony in Cordoba's Capital became a prominent political event, mainly because of its attendees, politicians from both national and provincial arches, from different parties.