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.
Fethullah Gülen lawsuit [in the US] thrown out in setback for Turkey’s Erdoğan
A US judge has dismissed a human rights lawsuit against Fethullah Gülen, a US-based Turkish cleric who is a former ally turned prominent critic of his home country’s president, Recep Tayyip Erdoğan. The lawsuit, funded by Turkey, had claimed the Muslim cleric in Pennsylvania orchestrated human rights abuses in his native Turkey.
Attacking the Journalists and Writers Foundation
Last week, I wrote: “The AKP [Justice and Development Party] is planning to rig the elections by using state power. It is also trying to distort the real election agenda.
Fortunately, we have not closed Gülen schools
Mehmet Ali Birand June 9, 2012 When I was invited to become one of the judges in the International Turkish Olympiad, I was initially surprised. I was also a bit embarrassed because I never considered myself to be an expert in Turkish songs and folk songs, but I could not turn the offer down because […]
Even a village cannot be ruled this way
A simple question: by what standards is Turkey being ruled now? Constitution? Laws? Unfortunately, neither. We have a rule based on arbitrariness and bullying. How about democratic criteria? They were long shelved. Legal criteria?
Warriors of enlightenment: pen versus bullet
BÜLENT KENEŞ, April 24, 2012 As we were watching the country finals of International Turkish Olympiads enthusiastically and becoming impatient for the great final in Turkey, we were shocked to learn that a heinous attack had been launched against one of the educational institutions that, like their counterparts in the remotest parts of the world, […]
Who speaks for Islam in Turkey?
Huseyin Gulerce voiced deep concern about Erdogan’s criticism of Fethullah Gulen “as a fake prophet” at a meeting of the Religious Affairs Directorate. Gulerce asked, “Would not the stability of the country be harmed if the mosques are polarized as such?” He concluded that politics have dominated religion.
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In Case You Missed It
Opposition, diplomats slam gov’t attempt to shut down Turkish schools
US Court Dismisses Turkey-backed Lawsuit against Fethullah Gülen
Turkish Olympiad Finals add a festive air to Kiev
Champion of YGS university exam from Hizmet-affiliated FEM prep courses
Police raids Şifa University hospitals in gov’t-led intimidation operation, report says
