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.
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The Turkish government and the country’s banking watchdog were aware of and supported a recent defamation campaign allegedly aimed at sinking the country’s leading participation bank.
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Gülen: ‘Shame for military to stage coups but not to finish off the PKK’
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Vision-impaired journalist, under arrest for 7 months, denied access to Braille books in prison
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Main opposition Republican People’s Party (CHP) İstanbul deputy Sezgin Tanrıkulu has asked Prime Minister Binali Yıldırım to halt the practice of arresting women immediately after giving birth due to their alleged links to the Gülen movement.
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