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.
Tajik president urges Turkish firms to make mining investments
TODAY’S ZAMAN, İSTANBUL Tajik President Emomali Rahmon called on Turkish businessmen on Monday to take advantage of Tajikistan’s rich mining resources and to increase economic relations between the two countries. Speaking to participants at the Tajik-Turkish Business Forum organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON) in Konya, Rahmon said his country’s economic […]
Turkey – Baby with Down syndrome suffers major health problems in absence of jailed parents
A 15-month-old baby with Down syndrome, Ayşe Sena Bunlu, has been suffering from serious health problems ever since her parents, both of whom are police officers, were purged from their posts and jailed in the aftermath of a failed coup attempt in Turkey on July 15, according to a story in the Tr724 news portal on Friday.
Friends of Hrant slam gov’t attempt to associate Dink murder with Gülen movement
A group called Friends of Hrant Dink, including lawmakers and activists, has harshly criticized the government’s recent attempt to associate the Dink’s murder with the Gülen movement, inspired by the teachings of Turkish Islamic scholar Fethullah Gülen, calling on authorities to expose the real criminals behind the murder.
Formerly Gülen-linked schools in Albania face growing gov’t pressure
Several schools formerly run by the Gülen movement in Albania have been the subject of growing government pressure in recent weeks. On Oct. 28 the campus of the Turgut Özal School was raided by Albanian police without any court order or warrant, and excessive force was used in the presence of students.
An Indian professor’s reflections on Erdogan’s visit to India, crackdown on Gulen movement
There has been no evidence of any terrorist activity by the followers of Gulen in any part of the world including Turkey. In India, they have been running their institutions: schools, coaching Institutes, and dormitories for more than 15 years, but none has been accused of any kind of terrorism and crime.
Turkey Is No Longer a Reliable Ally
The U.S. and Turkey have faced difficult days before, such as after Turkey’s 1974 invasion of Cyprus and the 2003 American invasion of Iraq, yet American and Turkish leaders managed to find their way back. This time will be different. The failed coup was a clarifying moment. Ankara and Washington don’t share values or interests.
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