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.
Turkey’s Maarif schools to be funded by Saudi and IDB money
The Maarif Foundation, established by the Turkish government in order to compete with Turkish schools abroad established by Gülen movement sympathizers, has received approval from Saudi authorities and the Islamic Development Bank (IDB) for financial support for Maarif schools abroad, a Turkish news portal reported on Friday.
Factory settings of Turkey as a nation-state
ABDÜLHAMİT BİLİCİ 18 May 2012 If we were to give a title to an article discussing the problems most heatedly debated in Turkey, I think the best option would be “Woes of transitioning from an empire to a nation-state.” It has been no easy task to transform a multi-faith, multi-lingual and diversity-dominated empire into a […]
Former deputy Uras: Erdoğan struck deal with Ergenekon against Gülen movement
A former member of Parliament, academic Ufuk Uras claimed during an interview with a daily on Monday that President Recep Tayyip Erdoğan had made a deal with the leaders of the Ergenekon clandestine organization during his fight against the faith-based Gülen movement after the Dec. 17 and 25 graft investigations became public at the end of 2013.
Albanian president to Erdoğan: Turkish schools pose no threat
In the latest round of a debate surrounding the Turkish schools in Albania, President Bujar Nishani dismissed Turkish President Recep Tayyip Erdoğan’s request to shut schools down because of their links to the faith-based Gülen movement, also known as the Hizmet movement.
Gülen calls on followers to adapt to PM’s teaching center closures
“If they close your homes, you should open dorms. If they close your dorms, you will open new homes. If they close your schools, you will respond by opening a university. And when they close your university, you should open ten schools. You should never stop marching,” Gülen said in a video that was posted at Herkül.org, a website close to the movement.
The tragic story of a Turkish family fleeing to Greece from persecution
When the body of the 5-year-old Aylan Kurdi was found in the Greek island of Kos in 2015, Turkish president Erdoğan said: “What has drowned in the Mediterranean is not only the refugees. Humanity has drowned in the Mediterranean Sea.” However, President Erdoğan didn’t say a word about Turkish family’s tragedy, who were fleeing from the persecution of his own regime this time.
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