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.
TAHA AKYOL The Journalists and Writers Foundation (GYV), which is in line with Fethullah Gülen, has issued an announcement on relations with the ruling party. It is certain that Gülen made the last retouches on the text himself. Gülen defines the movement shortly as “Hizmet” (translated roughly as “service” in English). I asked those who […]
Monday Talk with Alp Aslandogan on Gulen Movement and Recent Coup Attempt in Turkey
Vocal Europe: What sort of link does Alliance for Shared Values have with the movement in general and with Mr Gulen in particular? Alp Aslandogan: Alliance for Shared Values (AFSV) has six regional partner organizations and AFSV serves as a loose umbrella for these organizations. They focus on interfaith and intercultural dialogue, helping new immigrants […]
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