Activities - "Banks Street" - The Exhibition of Voyvoda
Street from the Ottoman Period to Our Days
The narrow street alongside the inner walls of Galata which
Evliya Çelebi calls "the Voyvoda's way" in his seventeenth-century
travel account became, by the second half of the nineteenth
century, the financial and commercial heart of Istanbul and
even of the whole Ottoman Empire. It is during this period
that this street, swarmed by bankers and newly established
banks, earned its nickname of "Banks Street". With
the establishment of major insurance companies, law firms,
architects, the Tobacco Regie and a number of commercial and
industrial enterprises, the street acquired the imposing aspect
it has been able to preserve to this day. Banks Street remained
a major pole of the economic life of Istanbul well into the
Republic. Although it has lost some of its importance in the
1990s after the gradual move of the major banks' and insurance
companies' headquarters to Maslak, the street remains one
of the most lively and dynamic areas of Istanbul today.

The Ottoman Bank, as one of the oldest residents of the street,
and in collaboration with the Economic and Social History
Foundation of Turkey, inaugurated an exhibition on the major
transformations of Banks Street. Prepared by Edhem Eldem and
Bülent Erkmen, the exhibition on 26th October at the Ottoman
Bank's former head office. During the three months (until
11th February 2001) exhibition, visitors were able to admire
the façades on both sides of the street, to read stories about
these buildings and their residents, and to listen to the
memories of present former residents.
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