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.
MUSTAFA GÜRBÜZ Regarding the heated prep school debate, Justice and Development Party (AKP) Ardahan Deputy Orhan Atalay explicitly spelled out the AKP- Gülen tension: “Just as the KCK [the Kurdistan Communities Union, an umbrella organization that contains the Kurdistan Workers’ Party (PKK)] is a parallel structure within the state; prep schools have become the same […]
5 children abandoned in front of prison as mother detained
A video shared on social media shows five children left alone in tears in front of a Prison in Ankara after their mother was detained while they were visiting their father in prison. In the video a child opens the door of a car in the prison parking lot, showing his brothers crying, and says in tears, “We are five brothers, left alone. We have a handicapped brother. I commend those people to God’s punishment.”
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The way Turkey’s chief political Islamist and new president, Recep Tayyip Erdoğan, has approached the reopening of the Halki seminary, a school that had trained Eastern Orthodox clergy for the Patriarchate for more than a century until it was forcibly shut down in 1971, represents a fundamental flaw in the thinking of so-called Islamists, who place more emphasis on symbolism than substance and like very much to employ divisive and hateful discourse as opposed to reaching out and embracing different faiths and cultures.
The Scientific and Technological Research Council of Turkey (TÜBİTAK) has changed the scoring system it uses to evaluate student grades in science olympiads it sponsors, giving private schools a smaller coefficient and thereby placing students from these schools at a disadvantage.
Turkish-Indian Chambers of Commerce and Industry (TICCI) launched to promote trade
New Delhi: In a bid to give new fillip to trade between India and Turkey, a new chamber for commerce named as the Turkish Indian-Chambers of Commerce and Industry (TICCI) was launched at a well-attended ceremony of business leaders and industrialists here on Tuesday evening. It aims to promote commercial and trade links between both the countries by creating more networking and collaboration opportunities.
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