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.
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Deniz Baykal, the former leader of the Republican People’s Party (CHP), has expressed his support and appreciation for the first joint mosque-cemevi project.“I see this progress as a starting point for the cemevi [Alevi house of worship] to become officially recognized by the state,” Baykal said to the press in İzmir. He explained that the […]
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Turkey’s Changing Freedom Deficit
Erdoğan’s government is by no means the first to compel Turkish citizens to hide their preferences and beliefs. Under the secular governments that ruled Turkey from the 1920s to 1950, and to some extent until 2002, pious Turks seeking advancement in government, the military, and even commerce had to downplay their religiosity and avoid signaling approval of political Islam.
Ministry dismisses honorary consuls, allegedly for ‘Hizmet’ affiliation
The Turkish Foreign Ministry did not renew honorary consuls’ certificates due to their affiliation with the Hizmet movement, Turkish media reported.
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