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.
Why would Gulen choose to attempt a coup that’s contrary to all his views?
I believe it is unlikely that Gulen was the mastermind behind the dramatic failed coup attempt against Erdogan last week. Of course, in the absence of evidence, so far no one can speak with certainty. Gulen’s social movement probably has well over a million followers or sympathizers who are not under centralized control.
A cami and cemevi together
TUĞBA AYDIN A groundbreaking ceremony for the first cultural complex in Turkey that will have both a cami (mosque) and a cemevi (Alevi place of worship) was held in Ankara on Sunday with the participation of Labor Minister Faruk Çelik, Alevi CEM Foundation President İzzettin Doğan, Republican People’s Party (CHP) Ankara deputy Sinan Aygün and […]
Once, it was democracy that brought Erdogan and Gülen together
It’s not a war between Erdoğan and [the] Gülen movement. It is a question of whether or not Turkey will be a real democracy.
HIzmet centre takes on Erdogan regime
The London-based Centre for Hizmet Studies has accused Turkey’s Prime Minister Recep Tayyip Erdogan and his regime of systematically trying to provoke the followers of the Hizmet Movement into violence and portray the movement as a violent organisation.
White House concerned over arrest of Turkish journalists
White House has expressed concerns over the arrest of Turkish journalists, including Zaman daily editor-in-chief Ekrem Dumanlı, called on Ankara to conduct investigations in a manner consistent with the rule of law.
Alevi, Sunni businessmen will finance joint prayer complex
İLYAS KOÇ, ANKARA The first joint mosque-cemevi (Alevi house of worship) project in Turkey will be financed by businessmen from both parties, the head of the Hacı Bektaş Veli Culture, Education, Health and Research Foundation, Kemal Kaya, said on Thursday. The idea for such a project, which aims to strengthen will of peaceful coexistence, came […]
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