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.
History will record this [AK Party’s attack on Hizmet] as well
And this [AK Party’s attack on Hizmet] too shall pass and be overcome. As many other problems and painful experiences are left behind, this storm will also become part of history someday. We will be held to account for all of our deeds, even those committed in secret, in the next world. Given that this is reality and that we strongly and firmly believe in it, we will keep walking our path without taking any instance of infidelity to heart.
Erdoğan draws ire from all segments of society over bid to close Turkish schools
Members of opposition parties, prominent businessmen and figures in the education world have severely criticized President Recep Tayyip Erdoğan for campaigning for the closure of Turkish schools in African countries that are affiliated with the Gülen movement, also known as the Hizmet movement, inspired by Turkish Islamic scholar Fethullah Gülen, who is a former ally of the president.
Will the military take up arms against Gülen supporters?
In modern states, again, elected governments will be the final authority to decide about external threat perceptions after compiling input from related institutions, including the military.
German minister says state not investigating Gulenists
The German authorities are not investigating Gulenists, the country’s justice minister said Tuesday, much to the frustration of Turkey which has asked that action be taken against the shadowy group.
Back to school in Turkey after post-coup teacher purge
As more than 18 million children began the new term after the summer break, Huseyin Ozev, president of the Istanbul teachers’ union, told AFP there were fears the academic year would begin with “chaos” because of huge staff shortages.
Abant meeting calls for commitment to EU process, new constitution
SEVGİ AKARÇEŞME, ABANT/BOLU/TURKEY Participants of the three-day-long Abant Platform meeting have emphasized the need to finish drafting a new constitution, stressed the importance of a state that is equidistant to all beliefs and underlined the significance of reviving Turkey’s membership talks with the European Union. Long a byword for describing a gathering that attracts a […]
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