Bank Asya, a leading Turkish financial institution, announced on Sunday that their corporate governance rating had increased in June over its score from last year.
The bank released the figures in an announcement addressed to the Public Disclosure Forum (KAP). According to a recent report prepared by the Capital Markets Board (SPK), Bank Asya’s corporate governance rating increased from 84.20 in June 2013 to 90.85 in June of this year.
The founders of Bank Asya are known for being affiliated with the Hizmet movement, inspired by Islamic scholar Fethullah Gülen. News reports circulated earlier this year indicating the government had attempted to sabotage the bank, as corporations with close ties to Prime Minister Recep Tayyip Erdoğan withdrew upwards of TL 4 billion from their accounts, accounting for nearly one-fifth of the bank’s deposits.
The Alliance for Shared Values “rejects the accusation” by Turkish Deputy Prime Minister Numan Kurtulmus that Gulen is planning a move to Canada, it said in a statement on its website. The Alliance also reiterated its call for an end to attempts to stymie voices of democratic dissent, including journalists, academics, Kurds, liberals and participants in the Hizmet movement.
Cagaptay: Turkey moves far beyond Europe
Recently, visiting Istanbul, I attended a conference on the Arab Spring organized by Abant Platform, a local NGO that gathers Turkish intellectuals of different stripes for policy debates. The conference – this time with attendees from Washington, Tel Aviv, London, St. Petersburg and Arab capitals in addition to Turks – debated Turkey’s leadership role in […]
The aftermath of the failed Turkey coup: Torture, beatings and rape
The Turkish government has embarked on a crackdown of exceptional proportions, targeting people it accuses of being linked to Fethullah Gülen – a Turkish cleric in exile in the US, who the government accuse of masterminding the failed coup on 15 July 2016. More than 10,000 people have been detained since the attempted coup and […]
Turkish gov’t pays cash rewards for arrest or death of Gülen supporters
Turkey’s Interior Ministry has paid more than 19 million Turkish lira to 249 people who provided information leading to the arrest or were instrumental in the death of supporters of the faith-based Gülen movement, a pro-government newspaper reported on Tuesday.
Erdoğan’s parallel bicycle gets rotten
SELÇUK GÜLTAŞLI Because he believes that the lies about the so-called “parallel state” are a useful tool to cover up the corruption charges, Prime Minister Recep Tayyip Erdoğan keeps riding this parallel bicycle. He is aware that once he stops riding this bicycle, he will fall off and the corruption charges will be exposed to […]
The First Private Kurdish TV Channel in Turkey
President Gül, after watching the demo of the Dünya TV, said that “this is it, Turkey should normalize”. He further said, “if only this broadcasting had started 10 years ago, we could have been much more normalized already”.
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