The rise of Federalist Juan Manuel de Rosas as Governor of Buenos Aires in 1829 put the bank at odds with the strongman's agenda, however, and it was rechartered as a provincial mint in 1836. Its hitherto central role in national finances was reduced to a retail bank branch on site. Following Rosas' 1852 overthrow, the institution was formally restored as a private incorporated bank in 1854 and in 1863, it was formally designated the "Bank of the Province of Buenos Aires", while retaining its ancillary function as a national and provincial mint.