Beer in Turkey opened production of beer and two restaurants named in honor of his grandfather - "KHOFFNER Brewing Company", which function to this day. There were many pubs and bars in Istanbul, Izmir, and Thessaloniki. Production of beer in the Ottoman Empire was 1.2 billion liters in 1894. This increased to 9.9 billion liters in 1913–1914. Atatürk, the first president of the Turkish Republic, founded an ale factory in Ankara. İsmet İnönü, the first prime minister of Turkey, worked to improve the old Bomonti Beer Company. This created the first beer competition in Turkey. The Turkish beer market experienced 20% growth from
Central Bank of the Republic of Turkey necessary to ensure stability of the Turkish currency. Following these developments, the Government took the initiative to draft the necessary legal framework for the establishment of a central bank, and a draft was prepared for the Central Bank with the contributions of Prof. Leon Morf from the University of Lausanne. The law was enacted by the Grand National Assembly of Turkey on 11 June 1930, and published in the Official Gazette of 30 June 1930 under the name “The Law on the Central Bank of the Republic of Turkey No. 1715”. Following the centralization of duties carried out by various