On 13 May 1999, at the Yıldız Palace Silahhane Building on the European side of Istanbul, the Borusan Istanbul Philharmonic Orchestra performed its first concert and soon began offering concerts on the Anatolian side of the city as well. By the end of 1999, BIFO was performing two concerts per month, one on each side of the Bosphorus, at the Istanbul Lütfi Kırdar Convention and Exhibition Center on the European side and at the Kadiköy People's Education Center on the Asian side, thereby quickly becoming a true city orchestra. This pattern continues until this day, totaling twenty-four concerts per year, with performances on the Anatolian side now being held at the Caddebostan Cultural Center. For the international audience of the Istanbul Festival, the BIFO has become a well known and esteemed musical standard for many years.