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.
3 dead, 5 missing in attempt to escape Turkey’s post-coup crackdown
At least three people died and five others were missing after a boat carrying a group of eight capsized on Tuesday in the Maritsa River while seeking to escape a post-coup crackdown in Turkey.
Row between Turkish government and Gülen movement heats up with new document
The row between followers of the Islamic scholar Fethullah Gülen’s movement of and the Turkish government took another dimension after a daily revealed Nov. 28 that a decision from the National Security Council (MGK) recommending an action plan against the Gülen movement be signed by the government in 2004.
Did you say extradition?
There is no crime attributed to Gülen and no investigation or court ruling against him. But one thing is certain: It is almost impossible that the US will respond positively to the Turkish government’s demand that Gülen be extradited.
A Forum On Africa in Turkey (I)
Istanbul was peaceful when we arrived to attend the 29th Abant international forum titled: “Africa: Between Experience and Inspiration”. The event which brought together about 160 participants held between June 28-30, 2013 at a serene and scenic mountain resort of Abantu Buyuk Hotel in Bolu,Turkey.
55-year-old leukemia patient says looking after grandchildren as daughter, son behind bars over Gülen links
The 55-year-old mother of an imprisoned Turkish woman said in a Twitter video that she has been left to look after her grandchildren after the Turkish government imprisoned her daughter as well as her son over alleged links to the Gülen group.
Hakan Şükür’s resignation: Rebellion of a conscience
Take a look at his wedding photo: on one side of a table is Islamic scholar Fethullah Gülen and on the other is Prime Minister Recep Tayyip Erdoğan. That photo reflects the feelings of millions. Şükür’s resignation is a sign that to him, that photo was torn up. If the government continues to keep up its hostile attitude against the Hizmet movement led by Gülen, millions will experience the same feeling. The real risk is here.
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