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 was shocked by a terror investigation against Kimse Yok Mu (KYM). According to a statement by the Ankara Chief Public Prosecutor’s Office, the organization was being probed over its alleged involvement in terrorism during activities during Eid al-Adha.
The story of the government media’s smear campaign against Hizmet
The pro-government media — or more correctly the “government media,” as it has become apparent that they have been bought by businessmen under orders from the prime minister — has manufactured and published lies about the Hizmet movement, which has a four-decade proud history in Turkey, in an attempt to create the perception that it is a criminal organization.
Turkish asylum claims in Greece rise 40-fold in three years
The number of Turks claiming asylum in Greece has increased 40-fold in three years, according to figures released by Athens, as more people face prosecution for their alleged role in a failed coup against President Erdogan.
Students of Fatih Schools take first place in LYS and TEOG exams
Students of the Fatih Schools network — which are inspired by the faith-based Gülen movement — popularly known as the Hizmet movement — were the top scorers in both the Transition from Primary to Secondary Education (TEOG) exams taken from Nov. 26-27 and April 29-30 and the Undergraduate Placement Examination (LYS).
Turkish schools behind Turkey’s soft power in Middle East
2 May 2012 / MİNHAC ÇELİK, İSTANBUL Marco Padovan, Italian businessman and a member of the Turkish-Italian Trade and Cooperation Association, said during a round table meeting held in İstanbul on Wednesday that Turkish schools play a crucial role in the increase of Turkey’s soft power in the Middle East and North Africa. Speaking during […]
Leaked document sheds light on Turkey’s controlled ‘coup’
Two and half years later, evidence is trickling out to support what the EU initially suspected – that president Recep Tayyip Erdogan knew what was going to happen and let it go ahead as a pretext to create one-man rule.
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