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.
Prominent Alevi leader welcomes Gülen’s remarks on bridge controversy
HÜSEYİN AYDIN, İSTANBUL Fermani Altun, head of the World Ehl-i Beyt Foundation, a leading Alevi association, has welcomed Islamic scholar Fethullah Gülen’s recent remarks in which he stressed Alevi-Sunni brotherhood amidst an ongoing debate over the naming of a new bridge after an Ottoman sultan considered controversial by Alevis. In a speech broadcast on herkul.org on Wednesday, […]
Abant meeting calls for commitment to EU process, new constitution
SEVGİ AKARÇEŞME, ABANT/BOLU/TURKEY Participants of the three-day-long Abant Platform meeting have emphasized the need to finish drafting a new constitution, stressed the importance of a state that is equidistant to all beliefs and underlined the significance of reviving Turkey’s membership talks with the European Union. Long a byword for describing a gathering that attracts a […]
Saudi Scholar: Turkish gov’t must give up ‘terrorist’ slander against Gülen
One of Saudi Arabia’s prominent scholars and academics, Professor Hatim b. Arif al-Awni said that Fethullah Gülen is far from terrorism, extremism and violence.
The more we learn, the more we are the same
During my stay in Turkey, I met with many business leaders and academics that provide funding for schools and universities based on this philosophy. As one businessman told me, “Educated people can understand each other.”
Bank Asya mandates Goldman for strategic partnership
Bank Asya said on Wednesday it has mandated Goldman Sachs as its financial advisor for a strategic partnership, without providing further details.The Islamic lender made the announcement in a filing with the İstanbul stock exchange.
What is wrong with the Western media?
Major media outlets in the English-speaking world have increasingly been publishing one-sided, biased, anti-Justice and Development Party (AKP) and anti-Gülen pieces. I am not sure if it is just a coincidence, but the frequency of these biased pieces has increased since the “one minute” incident at Davos. Ihsan YILMAZ, Wednesday 08 February 2012 I am […]
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