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.
Ahmet Şık’s book and Ergenekon’s media campaign (1)
Within Turkey’s ultranationalist camps, supporters of the Kemalist system have already extended their support to the Ergenekon network. So there is a sizable community in Turkey that believes whatever is said by a suspect in the Ergenekon case. Emre Uslu, Wednesday 28 December 2011 The Odatv trial has finally begun after months of waiting. The […]
Erdoğan steps up campaign against Gülen-inspired schools abroad
In a clear sign of his intensified campaign and escalating political vendetta against the movement, President Recep Tayyip Erdoğan called on Turkish diplomats on Tuesday to lobby in foreign capitals for the takeover of Gülen-inspired Turkish schools by a Turkish government-run foundation.
Dozens detained in gov’t witch-hunt against Gülen movement
As part of an escalating witch-hunt against groups affiliated with the Gülen movement, the police have arbitrarily detained dozens of people across the country, including human rights defenders and philanthropists, using bullying tactics and unlawfully cuffing law-abiding citizens.
Qatar deports 45 Turkish nationals over Gülen links
Pro-government Sabah daily newspaper claimed on Saturday that 45 Turkish nationals were deported from Qatar for having links to the Gulen movement. The daily said two of those 45 people — academic Zekeriya Özşevik and his wife Derya Özşevik — were detained upon their arrival to Istanbul, giving no detail about the whereabouts of the others.
Former TÜBİTAK VP: Over 250 dismissed in 2 months
The report claimed that large-scale profiling activities have been launched against personnel who possibly have links to a “parallel state” — a term used by pro-government circles to define the faith-based Hizmet movement — upon orders from Science, Industry and Technology Minister Fikri Işık. Those being profiled by the center are being systematically dismissed.
TUSKON-led trade volume reaches $30 billion
The trade bridges created at these meetings have led TUSKON to generate a trade volume of $30 billion so far. Unlike some similar initiatives, TUSKON doesn’t neglect small and medium-sized enterprises. TUSKON’s first priority at trade bridge events is to encourage local entrepreneurs to open up to the world. This choice is a strategic move to diversity markets. In parallel with Turkey’s foreign trade policies, TUSKON has created bridges with a number of trade blocs in Africa, Latin America and Europe and the Eurasia and Pacific regions.
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