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.
Where does Gülen stand on: democracy, human rights, and minorities?
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TAA holding annual Turkic American Convention in Washington
The Turkic American Alliance (TAA), the largest national Turkic organization in the US, is holding its third annual Turkic American Convention in Washington, D.C., on March 12-13 in cooperation with the Turkish Confederation of Businessmen and Industrialists (TUSKON). Speaking at a press conference, Faruk Taban, the president of the TAA, which represents six regional federations […]
Toward a constitutional crisis [in Turkey]
If the government continues to give the impression that it is trying to stop the biggest-ever corruption investigation in the country, Gezi may repeat itself. It is clear that this may harm not only the AK Party, but also the Hizmet movement and Turkey. Only the AK Party can stop this from taking place by convincing people that it is not interfering with the judiciary and that it is fully against corruption.
Oligarchic clique’s devious plans
Şahin, a longtime friend and political partner of Prime Minister Recep Tayyip Erdoğan, insisted that “the government is run by a small oligarchy of elites in a way that excludes broad segments of the party constituency and the Turkish people.”
Gülen’s followers banned from mosque in Germany
According to a video posted by Mehmet Cerit, the editor of Zaman Vandaag, an overseas subsidiary of the government-seized Turkish daily Zaman, a man is seen turning away the people whom he considered Hizmet members, just before the Friday prayer in a mosque in Germany.
Turkish schools help to enhance trade relations with Africa
BURSA African businessmen and ambassadors stress that they have developed trade relations with Turkey thanks to Turkish schools acting as bridges in their countries, although the ruling Justice and Development (AK Party) government is planning to shut down Turkish schools abroad that are affiliated with the movement of Islamic Turkish scholar Fethullah Gülen. Speaking […]
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