 The 1896 Ottoman Bank Takeover was the seizing of the Ottoman Bank in Constantinople, on 26 August 1896.Bank takeover was planned by members of the ARF.In an effort to raise further awareness and action by the major European powers, 28 armed men and women led primarily by Papken Siuni and Karekin Pastirmaciyan (Armen Karo) took over the bank which largely employed European personnel from Great Britain and France.