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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Turkey’s attempted coup shocked an already tense society. At least 240 people were killed, and the country narrowly averted a disastrous military takeover. The plot was led in part by followers of the Gulen movement, a secretive Muslim sect that runs a global network of schools, charities and businesses and has infiltrated the Turkish state. It is only natural that Turks should be determined to identify and punish the conspirators.
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ABDULLAH BOZKURT It was in 2000 that liberal and conservative intellectuals in Turkey came together for the first time to address difficult questions in a highly civilized and respectable manner. To mark the occasion, they planted a pine tree in the backyard of the famous Abant Palace resort hotel near the northwestern city of Bolu. […]
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