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 Baku visit will not close Hizmet schools
Heydar Aliyev, an experienced and far-sighted politician, always supported these schools and we cannot say that the decisions to open the doors of the country to these schools was of no benefit. The schools have for years maintained the trust of the government because they are integrated with Azerbaijani society and its values. To think that the schools opened with blessings of Heydar Aliyev will be shut down by his son İlham Aliyev would be naïve.
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Fethullah Gulen, 72, has been living in self-imposed exile in the US since 1999, reportedly, for health reasons
His movement is famous for its success in the area of education with tens of schools spread across the globe.
Gulen says he is certain Erdogan behind failed Turkey coup
Asked if he was suggesting that Erdogan was behind the coup, Gulen said: “Until now I only thought that was a possibility. Now I think it’s certain.” Gulen said a Turkish officer had recently said that the chief of general staff and the intelligence chief met in the army headquarters during the night of the coup, adding: “They already knew everything that would happen later.”
Gülenist refugees from Turkey start over in U.S.
Scholars and academics may quibble about how to classify Fethullah Gülen, but pretty much all reasonable watchers of international politics agree that Erdoğan is power hungry, paranoid and increasingly autocratic.
A Mother and Son Flee Istanbul for San Antonio
Before the live feed was cut from the Zaman building on that Friday in March, I watched police shoot rubber bullets into the crowd gathered to protest the paper’s seizure. Bloodied, the crowd retreated, still screaming for free speech but knowing hope was gone.
Turkish Gov’t media targets exiled journalists, their lives at risk
Following President Erdoğan’s statement that no country is safe for Gülen movement sympathizers, the pro-AKP media targeted exiled journalists in the US and Europe on Monday. Turkey’s National Intelligence Organization has been tasked with locating, arresting and even killing military officers who fled Turkey after allegedly taking part in a failed coup attempt in July, according a story in the Vatan daily on Aug. 30.
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