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.
Islamic scholar Gülen urges followers to remain calm in face of insults
Fethullah Gülen, the inspiration behind the Hizmet movement, which Prime Minister Recep Tayyip Erdoğan continues to insult and target with a smear campaign, threatening to pursue criminal proceeding against it, has urged his followers to remain calm and avoid making inflammatory remarks about those who appeal to insults.
Over 30 Turkish diplomats, families seek asylum in Germany
Nearly three dozen Turkish diplomats and family members have claimed asylum in Germany over alleged affiliation to the network of US-based opposition leader Fethullah Gulen, whom the government in Ankara claims to have masterminded the failed July 15 coup attempt.
The Erdoğan-Gülen encounter and democracy
It is not normal that the non-political Gülen movement would occupy such a central space in election campaigning; this is why the situation calls for some special scrutiny.
‘TUSKON is a reliable and long-time friend of ours’
Speaking at the Turkey-Russia Trade and Investment Forum in İstanbul on Thursday, Katyrin said the two countries have a common goal of raising bilateral trade to $100 billion from its current level of $33 billion and that TUSKON has undertaken a key role in attaining this target.
Erdoğan receives harsh criticism from civil society over bid to close Turkish schools
President Recep Tayyip Erdoğan’s bid for the closure of Turkish schools affiliated with the Gülen movement in African countries has drawn harsh criticism from various segments of the society, including journalists, artists and politicians.
‘A bridge should not demolish other bridges,’ says scholar Gülen
Gülen said today via his website that naming the bridge “Yavuz Sultan Selim,” after an Ottoman Sultan historically known for slaughtering Alevis, should not demolish “others bridges.”
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