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.
The branding of Gulen-inspired schools as treasonous, thus, serves the purpose of Erdogan and not that of Africa. Even if he builds public schools in Africa, will he sustain it? Will he ensure that the government after him will not reverse the policy? Africa is wiser than the Turkish president thinks.
Grand stage shows by Turkish Olympiad students enthrall İzmir locals
İPEK ÜZÜM, İSTANBUL Students coming to Turkey from all around the globe for the 11th International Turkish Olympiad — a festival that celebrates the Turkish language and which this year has brought together 2,000 students from 140 countries — fascinated thousands of locals in İzmir with their stage performances on Sunday night. A very large […]
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Winds of friendship were enjoyed in different parts of Turkey during the month of Muharram
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No one will be able to say members of the movement are complaining about Erdoğan in the US. They will defend themselves against Erdoğan’s attorneys who are paid millions of dollars. Thus, Erdoğan has placed a red carpet in front of the movement. The rest is up to how the movement performs…
Hate Speech is Undermining Turkey’s Fragile Democracy
Many TV viewers could not believe their ears upon hearing the terms “blood sucking vampires, leeches, traitors, spies, worse than Shiites, and assassins” uttered by then Turkish prime minister Erdogan in his political rallies.
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