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.
US Rep. Scott: Gülen movement cannot be designated as “terrorist organization”
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In Blow to Erdogan, Turkish Court Halts Closing of Schools Tied to His Rival
In a blow to the government, Turkey’s highest court has overturned a law that would have closed thousands of preparatory schools linked to an influential Muslim cleric and rival of President Recep Tayyip Erdogan.
Benin seeks development with investments of Turkish enterprises
In an exclusive interview with Today’s Zaman, Benin’s Minister of Foreign Affairs Nassirou Bako-Arifari said the purpose of his recent visit to Turkey was to strengthen cooperation between the countries and to seek the benefits of the wide expansion of investments of Turkish enterprises. Highlighting the fact that Turkish businesses have global operations and develop […]
All colors gather in Turkey to pay last tributes to Vatican official Msgr. Marovitch
Zaman Newspaper March 24, 2012 A former Vatican diplomatic official in Turkey, Msgr. Georges Marovitch who lost his life in a hospital at the age of 81 were buried after funeral ceremony held in İstanbul’s St. Esprit Church on Saturday. Msgr. Marovitch passed away the other day as he suffered from a multiple organ failure […]
Tension should be reduced
Both sides [Hizmet movement and the AK Party government] see this rift as a matter of life and death. If you are in a struggle for existence, you do your best to attack the other side, but by doing so, you make mistakes, damage yourself and the other side.
Land of Private high school declared green space
The İstanbul Metropolitan Municipality (İBB) recently declared a piece of land on which a private high school had been being built to be a green space. The high school is a branch of Fatih Koleji, a private institution affiliated with the Hizmet movement inspired by Islamic scholar Fethullah Gülen.
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