Lending to the infrastructure and agribusiness sectors will be a priority.
The bank's profit generation also benefited from reduced loan loss provisions.
Strong demand for the bonds reflects improving investor confidence and the reopening of the Argentine capital markets, Banco Provincia chairman Juan Curutchet says.
The bank's general manager for the Costa Rican operations says the Canadian lender is committed to remain in Costa Rica and Panama.
Although Argentina is facing major economic challenges and has key elections ahead, investors are eyeing potential opportunities in the country's financial services and energy sectors, BNamericas is told.
Selling the controlling stake in the Argentine lender is however not likely to occur in the short term due to difficult market conditions.