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.
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Nicolas Birch, Turkey There is a studious silence in the basement floor of the Rose Pink Women’s Education and Mutual Aid Association in Diyarbakir, the largest city in Turkey’s mainly Kurdish southeast. In three classrooms, 70 12-year-old girls are hard at work studying for exams that will decide their secondary school future. Wearing headscarves that […]
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Erdoğan’s personal propaganda tool, the MGK
Erdoğan has asserted that the Gülen movement is to be included in the Red Book as a “prioritized threat.” But never mind the fact that he acts and speaks as though this has all been decided upon already. The fact is, he does not have the proper authority to do this. What’s more, there is absolutely no document or piece of information that would support such a move.
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