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.
Those who raise demands for democracy and transparency are being raided, arrested or smeared as a result of the government’s reliance on Nazi Germany methods of persecution and oppression.
Decision to build road on school grounds nonsensical, say parents
Following the İstanbul Metropolitan Municipality and Güngören Municipality’s decision to build a road within the courtyard of a private school affiliated with the Hizmet movement this week, the school management made a statement on Friday, saying that the parents of students at the school find the decision nonsensical.
Bank Asya mandates Goldman for strategic partnership
Bank Asya said on Wednesday it has mandated Goldman Sachs as its financial advisor for a strategic partnership, without providing further details.The Islamic lender made the announcement in a filing with the İstanbul stock exchange.
Protests against likely closure of Pak-Turk schools in Pakistan
The Pak-Turk school network students and their parents’ protested against the likely closure of the educational set-up following the two-day state visit by Turkish President Recep Tayyip Erdogan and the federal government’s decision to deport teachers affiliated with Pak-Turk International Schools and Colleges.
Once shut down by Taliban, now Afghan gov’t plans to hand over successful Turkish Schools to Turkish Gov’t
Afghanistan president Ashraf Ghani has agreed to hand over the Afghan-Turk schools, previously run by a pro-Gulen institution, to the Turkish Education Foundation which is a governmental institution. This step has, however, not been welcomed by the affected schools. Officials of the schools have warned that the move would lead to closing the schools and damage the quality of education.
Report claims government categorized schools linked to Hizmet
The Turkish government classified, categorized and monitored a number of educational institutions in some way linked to Hizmet, a faith-based movement inspired by Turkish Islamic scholar Fethullah Gülen, until 2010, a Turkish daily reported on Sunday. “After statements confirmed the document, not only did I feel shattered, I am left speechless,” Gülen said.
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