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.
It’s never easy to find diplomats who speak publicly without beating around the bush and concealing facts, even if they are retired. Exceptions make especially us journalists happy. Former United States Ambassador to Turkey Francis Ricciardone is one of them.
Caucasus analyst Öztarsu: Only dialogue can solve Turkish, Armenian problems
YONCA POYRAZ DOĞAN, İSTANBUL Though Turkey’s relations with Armenia have been strained by a number of historical and political issues, a Turkish Caucasus analyst who lived and studied in Armenia points out in his new book that only dialogue can solve problems. “There is a great panorama of civil society activities, and I can say […]
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Gov’t’s hate campaign against Kimse Yok Mu draws condemnations
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Gulenists dismissed, purged, and tortured: Canadian Immigration Board
The findings of IRB indicated that detainees in Turkey have faced different forms of torture and ill-treatment. They include severe beatings, threats of sexual assault and actual sexual assault, electric shocks, waterboarding, punches/kicking, blows with objects, falaqa [foot beating], threats and verbal abuse, being forced to strip naked, rape with objects and other sexual violence or threats thereof, sleep deprivation, stress positions, and extended blindfolding and/or handcuffing for several days.
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