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.
Fethulah Gulen did not fall from the sky or moon, he has a history that is in the public domain, the question is why did it take Erdogan too long to realize that Gulen is a terrorist? All through the years of robust relationship between Fethulah and Erdogan there was no accusation that Gulen was a terrorist, why now?
Anatolian Tigers drive Turkey’s silent revolution
ATUL ANEJA The Anatolian Tigers — a new breed of pious businessmen who have risen from the grassroots to fire Turkey’s economic and political transformation — are targeting an entry into the high-technology big league. “We have tasted considerable international success in the areas of manufacturing and trade. Our next challenge is to develop an […]
Ankara assassination: Why Erdogan blames the Gulenists and ignores the jihadists
Ironically, Erdogan finds it more expedient to blame Hizmet, rather than Daesh (IS), for the jihadist atrocities being consistently perpetrated in Turkey today. Thus, the Turkish Islamist president has got a scapegoat following all terror incidents of jihadist nature or other internal crisis engulfing the country.
Abant participants: Turkey needs EU support to improve its democracy
24 June 2012 / YONCA POYRAZ DOĞAN, ABANT No matter the problems related to the European Union’s historical financial crisis and Turkey’s loss of enthusiasm regarding membership in the EU; participants of the 27th Abant meeting, titled “Different Perspectives on Turkey,” have said that Turkey needs the EU in order to improve its fragile democracy. […]
Soul searching inside the Gülen movement
The U.S. is also treading very carefully on the Gülen issue. The movement has been Turkey’s top lobbyist on Capitol Hill for a decade.
Coup attempt in 2016 was Erdoğan’s Reichstag fire
The failed coup attempt on July 15, 2016 in Turkey and the infamous Reichstag fire in Germany in 1933 had many similarities, with both allowing the leaders of those countries to amass more power to oppress their opposition, journalist Can Dündar said in his commentary for German Radio Cosmo on Thursday.
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