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.
Conspiracy theory is very widespread in Turkey, society is currently polarized. Those who share a positivistic and Islamophobic mindset refuse to recognize that religion can assume a positive role and hold the Gülen movement responsible for nearly all evil. ŞAHİN ALPAY, Monday April 11, 2011 During my contacts with European parliamentarians, officials and Turkey experts […]
Astonishing questions about the failed coup attempt in Turkey
Critics claim that this failed coup attempt was simply a pretext to legitimize arbitrary authoritarian practices, eliminate all the dissent while filling the state apparatus with staunch supporters, and start an ethnic cleansing against sympathizers of the Gulen movement and Alawites.
TUSKON denies mass resignations after corruption probe
Turkey’s leading business conglomerate has denied reports of mass resignations following a recent corruption scandal, vowing to sue pro-government Yeni Şafak for fabricating false information.
Despite blocking accounts, Kimse Yok Mu able to collect donations
Despite the latest step in a government crackdown on Turkey’s UN-affiliated aid organization, Kimse Yok Mu, in which two banks blocked the organization’s accounts, administrators for the charity have said they are still able to collect money through their other accounts.
When paths part…
ORHAN MİROĞLU The Hizmet movement and the Justice and Development Party (AK Party) have arrived at a critical junction in the road. The main problems that have emerged on the route towards this critical junction are of course not limited to the debates and disagreements surrounding the question of the closure of the prep schools. […]
Military coup documents contain plans to prevent works of Hizmet movement
MUSTAFA GÜRLEK, İSTANBUL Documents retrieved from the General Staff hard disks also feature plans to prevent the works of the Hizmet movement (a.k.a Gulen movement), inspired by the renowned Turkish Islamic scholar Fethullah Gülen. In the documents, the General Staff’s Information Support Unit discussed how to bring the financial sources of the Hizmet movement under […]
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