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.
Thailand’s foreign ministry has cautioned against any rush to link four Thailand-based schools to a terrorist organization just because they have a handful of foreign shareholders. “We have been in touch with the embassy to request legally recognised and reliable evidence. But we have not received any additional information to date,” Thai foreign ministry spokesman Sek Wannamethee, said yesterday.
Turkey’s greatest service to the Muslim world
Turkey was a shining star during the years that it implemented democratic reforms internally and improved relations with other countries, particularly its neighbors. Both the West and the Muslim world were watching Turkey’s progress intently and its economic success and democratic transformation would be referred to as exemplary.
Ghana delegation explores business in Turkey
A fifteen Ghanaian business delegation is in Izmir, Turkey, to participate in an international business summit dubbed, “Turkey-Midwest Africa Trade Bridge.”
Deputy PM Bülent Arınç says row with Hizmet movement would do no good
Deputy Prime Minister Bülent Arınç has commented for the first time on allegations that there are tensions between the Justice and Development Party (AK Party) government and the Hizmet movement, saying, “We don’t need to get into a verbal row that might hurt relations between the government and the movement; we don’t need it, it would hurt us.” He also said Erdoğan holds Gülen in esteem.
TUSKON says systematic campaign of defamation is under way
The Turkish Confederation of Businessmen and Industrialists’ (TUSKON) has criticized what it said a systematic campaign of defamation against the business conglomolarete, stressing that its business activities that help contribute to Turkish economy should only be welcomed.
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Prime Minister Recep Tayyip Erdoğan shifted his rhetoric on his official visit to Brussels, dropping talk of a “parallel state” that is trying to unseat him when addressing European Union officials and foreign journalists — although he continued his defamation campaign against the Hizmet movement in meetings where he addressed Turkish audiences.
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