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.
Erdoğan’s harsh, xenophobic rhetoric damages fight against Islamophobia
The increasingly punitive and xenophobic discourse adopted by President Recep Tayyip Erdoğan in recent years has done a huge disservice to the fight against Islamophobia, dealing a blow to the decades-long efforts of organizations such as the Organization of Islamic Cooperation (OIC) and the Hizmet movement in international forums.
The state, AKP, Religious Affairs Directorate, Alevis and rights
The ruling Justice and Development Party (AKP) claimed it would minimize the space the state occupies in people’s lives and reduce bureaucracy and downsize the public sector when it was first elected to office. During the early years of its rule, it really moved to achieve these targets. But as it increased its control over the entire state apparatus, it has increasingly become yet another typical Turkish ruling party that prioritizes the state.
They want my backing for the enrollment in Turkish schools
FIBA Holding chairman of the board Hüsnü Özyeğin says Turkish Olympiads are more important than international Olympiads, and that foreigners want his backing for enrolling their children in Turkish schools. A group of students currently in Istanbul for the 11th Turkish Olympiads, which was arranged by International Turkish Language Association (TÜRKÇEDER), visited FIBA Holding chairman […]
Ergenekon suspect convicted for insulting Gulen
Muammer Karabulut, who stands accused in the investigation into Ergenekon — a clandestine terrorist group that sought to undermine democratically elected government — has been convicted and sentenced to one year in prison for insulting Turkish Islamic scholar Fethullah Gulen. Karabulut wrote in his book “Protestan Kur’an” (Protestant Quran) that Gulen is “changing” the Muslim […]
Why is the government freeing bloody murderers?
The government is continuing to act in panic. In the last couple of months, every single step it has taken has somehow been related to the graft probe, and they all are being taken to suffocate the corruption investigation. The government is freeing Ergenekon suspects willingly and on purpose to create an alliance against the so-called “parallel state,” as they call the movement inspired by Fethullah Gülen.
Unscrupulous news reporting by Der Spiegel
ABDULLAH BOZKURT Der Spiegel’s recent article titled, “Dangerous Friends: Power Struggle Splits Turkish Ruling Party,” by Hasnain Kazim and Maximilian Popp, is perhaps the best example of the way in which Der Spiegel misrepresents and unfairly presents the magazine’s biased view of the Gülen movement in Turkey. This unscrupulous news piece may only pass as […]
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