Ottoman bench
Osmanlı Bankası | |
---|---|
Country | Turkey |
Seat | Istanbul , Turkey |
legal form | Corporation |
founding | 1856 |
resolution | 2001 (integration into Garanti Bankası ) |
The Ottoman Bank ( Turkish Osmanlı Bankası ; Ottoman Turkish : “Bank-ı Osmani”, from 1863 “Bank-ı Osmanî-i Şahane”; French Banque ottomane ) was a credit institution in the Ottoman Empire , became a private central bank and took over tasks after the nationalization Central bank . It had its headquarters in Constantinople and existed from 1856 to 2001.
History and establishment as a private central bank
In 1839 the Ottoman Empire issued banknotes ("Qaimet-mutaberet naqdije") for the first time. This paper money proved to be of little stable value and sank to 35% of the face value. With the Crimean War of 1853–1856, the government finally lost the ability to support the value of these notes.
On the initiative of the government, the Ottoman Bank was founded in Istanbul in the Galata district in 1856 . The United Kingdom , the Banque de Paris et des Pays-Bas and the Ottoman government were involved. Of the 135,000 shares, the English group acquired 80,000, the French 50,000 and the Ottomans 5000.
The government of the Ottoman Empire gave the bank permission to issue banknotes in denominations of 5, 10, 20, 50 and 100 piastres . In return, the government received a loan to buy back the banknotes it had issued itself.
State Bank
On February 4, 1863, the bank renamed Banque impériale ottomane . She performed under this name until 1924. On February 18, 1875, it became the state bank of the Ottoman Empire.
Another story
On August 26, 1896, the headquarters of the Banque Impériale Ottomane in Constantinople were occupied by members of the Armenian underground organization ARF , and customers and employees were taken hostage. See Occupation of the Ottoman Bank . In June 1996 it was sold to Doğuş Holding . In 2001 it became part of the Garanti Bank .
Branches (selection)
Balikesir (1930)
Bolu (1930)
Nairobi (1964)
Samsun (1930)
Thessaloniki (until 1938)
See also
Web links
- Ekrem Buğra Ekinci: The History of Ottoman Banking. In: Daily Sabah . Turkuvaz Yayın Grubu, December 1, 2017 .
- Banknotes of the Ottoman Bank , based on: Edhem Eldems "Archives of the Osmanlı Bankası and banknotes of the Osmanlı Bankası from the collection of Tahsin İşbiroğlu" (1863–1914), İstanbul, 1999 ( page no longer available , search in web archives )
- Ottoman Bank Archives and Research Center (Turkish / French / English)
- Ottoman Bank Branches ( Flickr Photo Album - English)
Individual evidence
- ^ Albert Pick: "Papiergeld", Braunschweig 1967, p. 338