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.
Please, take a deep breath and take a trip back to a short time ago. What do you remember of the “Justice and Development Party (AK Party)-Gülen movement disagreement”? Here’s a brief reminder, for a better understanding of the discussion: Fethullah Gülen was taken to the hospital in an ambulance because of an emergency. Because I visited him that day, I wrote as follows: “One of the persons who made [the] first phone call was Prime Minister Recep Tayyip Erdoğan.
[Part 5] Gülen says ballot box is not everything in a democracy
Islamic scholar Fethullah Gülen, who has inspired the popular civic and social movement called Hizmet, said the ballot box is not everything, urging his followers to not stick to only one but to cast their votes freely based on their personal conviction. He added that focusing on the ballot box only makes some people comfortable in telling lies.
They want my backing for the enrollment in Turkish schools
FIBA Holding chairman of the board Hüsnü Özyeğin says Turkish Olympiads are more important than international Olympiads, and that foreigners want his backing for enrolling their children in Turkish schools. A group of students currently in Istanbul for the 11th Turkish Olympiads, which was arranged by International Turkish Language Association (TÜRKÇEDER), visited FIBA Holding chairman […]
Erdogan Gov’t aims to abolish global charity Kimse Yok Mu
Ismail Cingoz, the foundation’s chairman spoke on their future initiatives to the daily Bugün. Cingoz said they have been undergoing inspection for the past seven months. He further said as KYM they are ready for any inspection of transparency and credibility.
Unaffected by tension, TUSKON promotes Turkish economy
The Turkish Confederation of Businessmen and Industrialists (TUSKON) has had its share of these provocative media reports. Regarding the recent media reports criticizing TUSKON’s lobbying efforts for Turkish firms abroad, TUSKON President Rıza Nur Meral told Sunday’s Zaman that allegations against TUSKON “do not make sense” and that the confederation has always supported Turkish businessmen who want to branch out into global markets. “We will continue our support [for Turkish entrepreneurs],” Meral added.
US-based Muslim cleric Fethullah Gulen, the man blamed by Turkey for a failed coup attempt a year ago, on Friday again denied any involvement in what he called a “despicable putsch,” and called on Ankara to end its “witch hunt” of his followers.
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