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.
Brookings: Takvim’s news on Hizmet movement incorrect, totally ignorant
Commenting on the Takvim news piece, Ömer Taşpınar, a Middle East expert at Brookings, said the news does not reflect the truth and that pro-government dailies publish news supporting conspiracies against the movement.
Clash of two Islams in Turkey
Mr. Gulen and the movement which takes his name are rooted in the mystical tradition of Islam and focus on education and social and cultural projects while Mr. Erdogan is an advocate for political Islam and its desire for political power.
Gov’t ban on charity Kimse Yok Mu hits orphans
Thousands of orphans and needy people around the world whose lives depend on the aid they receive from charities such as Kimse Yok Mu (Is Anybody There?), the largest volunteer and global aid organization based in Turkey, are at risk of being affected by the Turkish government’s restrictions on the charitable association.
Purge-victim businessman sent back to prison a week after stomach cancer surgery: son
Hacı Boydak, a Kayseri-based Turkish businessman, has been put in solitary confinement only one week after he underwent a cancer surgery, according to his son.
Developing Ghana; the role of Tudec and Galaxy İnt’l School
More Turkish investors have expressed their interest to invest in education, the real estate, construction and manufacturing sectors in Ghana. The President of the Ghana-Turkey Cooperation and Development Association (TUDEC), Mr Yusuf Temizkan, says prospective investors would be arriving in the country within the year to inject their capital into the country’s economy. He said […]
Turkish Cultural Center in West Haven hit with graffiti in wake of unrest
Usually, if you hear about a particular ethnic group that’s a victim of graffiti, it’s from some other ethnic group or someone who doesn’t understand their culture. But a building facing the Turkish Cultural Center Connecticut recently was tagged — for the second time in three years — with graffiti that appears to be an extension of a political battle raging within Turkey itself.
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