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 Confederation of Businessmen and Industrialists (TUSKON) has criticized what it calls a “systematic campaign of defamation against the business conglomerate,” stressing that its business activities, which help contribute to the Turkish economy, should be welcomed.
Peshawar High Court halts government order to deport Pak-Turk school staff
Petitioner counsel Qazi Muhammad Anwar argued that all the Turkish teachers are very peaceful people who have committed no crime in Turkey as well as here in Pakistan.” He prayed the bench to suspend the federal government’s notice and stop deportation of the Turkish teachers and their families. The bench accepted the request and restrained the deportation of Pak-Turk schools’ staff.
Bruised by lavish palace, Erdoğan pictures fake Gülen compound
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Prime Ministry approved Kimse Yok Mu, now accused of ‘terrorism’
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Cleric’s Lawyers Want US Suit Backed by Turkey Tossed
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Counterterrorism judge found to be PM’s strong supporter
Judge Yusuf Şahin, who was appointed to the Van Counterterrorism Court in April, shared a photo of the prime minister on Facebook with the tag “Liderlerin lideri Erdoğan” (Erdoğan, leader of all leaders). The judge also posted comments on Facebook praising the prime minister and the ruling Justice and Development Party (AK Party) and leveling strong criticism at Turkish Islamic scholar Fethullah Gülen, the inspiration behind the faith-based Hizmet movement, which works in the fields of education, charity and outreach.
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