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.
Austria arrests two after arson attack on Turkish cultural center
Two suspects have been arrested in connection with an attempt to set fire to a Turkish cultural centre in the northern Austrian town of Wels, police said on Monday, at a time of heightened tension between Vienna and Ankara. The attack took place in early morning and the suspects, whom police declined to identify, were arrested immediately.
Shutting down prep schools against free enterprise, analysts say
“It’s not possible to make out of this behavior befitting a government that defends a market economy,” Seyfettin Gürsel, director of Bahçeşehir University’s Center for Economic and Social Research, told Today’s Zaman. Opponents of the government’s plan have also noted that the prep schools are a consequence of the many inadequacies of Turkey’s education system, and said that prep schools help low-income students enter university.
Gulen Followers Living in Europe Receive Death Threats, Feel Intimidated
Turks who live in Germany, Belgium, the Netherlands, France and Switzerland and have links to the co-called Gulenist movement say they are frightened amid Turkey’s crackdown on Gulen’s followers, according to media reports. MOSCOW (Sputnik) — Some Turkish people living in Europe who have links to supporters of Fethullah Gulen, accused by Ankara of masterminding the July 15 thwarted coup, have […]
Kimse Yok Mu reaches out to Syrians in joint project with UNHCR
Speaking to Sunday’s Zaman, Kimse Yok Mu Secretary-General Savaş Metin said they have been able to reach out to 17,000 people from 2,900 families with this project, which will conclude by the end of February.
Turkish schools building peace in Africa
The Young Kastamonu Businessmen Association members visited Mehmet Akif High School, one of the eleven Turkish schools in Morocco and had meetings with the members of the Turkish-Moroccan Businessmen Association. The KIAD (Kastamonu Businessmen Association) organized a business trip to Morocco and were greeted at Casablanca Airport with roses by the Moroccan businessmen. The Young […]
Turkish businessmen have first iftar with Syrian refugees in Hatay
A group of Turkish businessman traveled to Kilis province on Wednesday to join an iftar dinner with Syrian refugees, according to media reports. After iftar, one of the Syrian refugees gave a speech in Turkish, saying: “We are refugees here and you have left your homes and your children and you have come here to have iftar with us. We are very happy and grateful for what you have done for us.”
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