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.
Tears and sadness as Turkish people pack up to leave Pakistan
“I know I can’t do anything to persuade the federal government to take back its decision of expelling the Turkish teachers and their families from the country,” a senior Pakistani teacher told PTI. “I must say last Friday was the saddest day in our campus in Lahore as all Turkish students were literally crying,” she said.
2017 model bigotry: Defamation of Jews and Gulen movement in Turkey
Let me just remind you of some examples of the anti-Semitic discourse and hate speech in the Turkish media from the State Department’s report. “In December Forestry Minister Veysel Eroğlu said that Fethullah Gülen will end up dying in the U.S. and be buried in a Jewish cemetery.”
Closing down prep schools and calling it ‘transformation’
BÜŞRA ERDAL, İSTANBUL Describing the government’s plan to close down the prep schools as a “transformation” is nothing more than saying, “I’m not going to say ‘close down prep schools,’ but I’m going to close them down.” The draft law in question will affect millions of students and their parents, but the debate on prep […]
‘All religious groups and communities face great danger’
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‘When the last gang becomes a thing of the past’
The prime minister has put forward many claims since Dec. 17, but he has not provided any satisfactory evidence to back up these claims.
AK Party VP Sahin: We can only be grateful to Hizmet people
Vice President of the ruling Justice and Development Party (AK Party), Mehmet Ali Şahin remarked on the relations between AK Party and the Hizmet Movement (Gulen movement) in an interview*. Şahin said, “Is it possible for us to have any issue with the people performing such activities? We can be only grateful to them. We […]
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