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.
Erdogan Delivers Ultimatum: Washington Has to Choose Between Gulen and Turkey
Turkish President Recep Tayyip Erdogan said that the United States must make a choice between Ankara and a movement led by US-based dissident Muslim cleric Fethullah Gulen. Ankara has accused Gulen and his followers of playing a key role in the July 15 attempted coup, which claimed lives of over 240 people.
Erdogan may keep winning, but it wont’ do Turkey any good
I don’t believe Ankara is ever really going to stray from its partnership with the U.S., because Turkey simply cannot afford it. The coup — failed though it was — has left the formerly expanding Turkish economy gasping. Credit-rating agencies have lowered the nation’s stock, and the purging of coup conspirators, both real and imagined, has left tens of thousands of crucial private- and public-sector positions empty. Economic growth, meanwhile, is expected to dip.
Fear Grows in Turkey as Crackdown on Gulen Followers Continues
The Turkish authorities are continuing their crackdown on followers of Islamic cleric Fethullah Gulen, who is being blamed for a failed military coup attempt. With tens of thousands of people arrested, opposition parties are starting to voice concern that the crackdown is turning into a witch hunt.
One of his sons is with the PKK, the other is with the Gulen movement
As PKK terrorist organization burns the schools in southeastern Turkey, the question “Where is the Government?” has arisen. A father’s school preference for his son, located in the city of Batman has started a debate. The remarks of a father, who has a son with the PKK terrorist organization and another son in Gulen movement […]
Volunteer teachers saddened by efforts to close Turkish schools
Volunteers teachers, most of whom left behind a better life in Turkey with the hope of promoting universal values of peace, dialogue and peaceful coexistence with others through education at Turkish schools abroad, have voiced great disappointment over efforts by President Recep Tayyip Erdoğan to defame and eventually see these schools close.
Kimse Yok Mu invited for consultation before UN summit
Turkey-based charity organization Kimse Yok Mu (Is Anyone There?), which has been a target of the Justice and Development Party (AK Party) government’s unjust smear campaigns, has now been invited to an exclusive meeting ahead of the UN’s World Humanitarian Summit.
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