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.
Democracy tree grows in Abant as Turks and Kurds bond
ABDULLAH BOZKURT It was in 2000 that liberal and conservative intellectuals in Turkey came together for the first time to address difficult questions in a highly civilized and respectable manner. To mark the occasion, they planted a pine tree in the backyard of the famous Abant Palace resort hotel near the northwestern city of Bolu. […]
How come a 25 days old BABY could be a THREAT to the national security?
I was told that [Turkish Consulate] may issue a 3 months temporary passport which we can only use it to get back to Turkey. To ensure that they also labeled an extra note on the passport which says can only be used to return to Turkey.
Turkish president approves closure of schools run by Erdogan rival
Turkish President Abdullah Gul approved on Wednesday a law closing private preparatory schools, many of which are a source of income and influence for an Islamic cleric accused by Prime Minister Tayyip Erdogan of seeking to topple him.
Turkey, The great purge – Four lives upturned by Erdogan’s ‘cleansing.’ Episode 4 – Betul
Every afternoon from January 23 to March 28, Ms. Celep arrived at the square wearing a white traffic waistcoat emblazoned with the words, “İşimi geri istiyorum” – Turkish for “I want my job back”. Through sunshine and the shivering Istanbul rain, she stood there as supporters — many of whom had also lost their jobs in Turkey’s great purges — arrived to cheer her on, encouraged by the young woman’s sheer guts and charisma.
Operation against the Hizmet movement soon!
The AK Party government sees the corruption probes as a coup launched against it by the Hizmet movement and it has convinced itself that the probes are a defensive move in response to the effort to close prep schools. Already Erdoğan has presented movement supporters as spies and succeeded in dividing the state bureaucracy, families, friends and neighbors in the country. Unfortunately, this polarization in society is quite dangerous.
Erdoğan’s efforts to destroy the Gulen movement aimed at consolidating his own power and regime
Hermann says Erdoğan’s efforts to destroy the Hizmet movement are aimed at consolidating his own power and regime. “Erdoğan wants to wipe out everyone whom he sees as a rival. There are not many left to challenge him. That left the Hizmet movement as a corrective force. The movement is a danger to him.
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