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.
Turkish daily exposes secret plot against Gülen endorsed by gov’t
A secret national security document recently discovered by a Turkish daily has revealed that Turkey’s ruling Justice and Development Party (AK Party) government signed up to a planned crackdown on the Hizmet or Gülen movement. The Taraf daily published a document on Wednesday prepared by the National Security Council (MGK) on Aug. 25, 2004, persuading […]
Turkey Bars Entry Of Critics By Adding Their Names Next To ISIL Suspects
Turkey has been arbitrarily refusing the entry for foreign nationals of Turkish origin who are deemed critical of the country’s autocratic President Recep Tayyip Erdoğan and his government, citing the national security risks.
Barton: Erdoğan intoxicated by power, imperiling democracy in Turkey
Professor Greg Barton, acting director of the Centre for Islam and the Modern World at the Melbourne-based Monash University has expressed his concerns about the course of events in Turkey in terms of basic rights and democracy.
Unaffected by tension, TUSKON promotes Turkish economy
The Turkish Confederation of Businessmen and Industrialists (TUSKON) has had its share of these provocative media reports. Regarding the recent media reports criticizing TUSKON’s lobbying efforts for Turkish firms abroad, TUSKON President Rıza Nur Meral told Sunday’s Zaman that allegations against TUSKON “do not make sense” and that the confederation has always supported Turkish businessmen who want to branch out into global markets. “We will continue our support [for Turkish entrepreneurs],” Meral added.
Why is the Hizmet community alone?
Some people I have talked to recently have started to ask the following question, which is also discussed on social media from time to time: Why is the Hizmet community still alone even though it is clearly on the right track?
EU and Turkey’s rights abuse
How did Turkey plunge into this mess of freedom suffocation, and what has really gone wrong with the once-admired President Erdogan ? While I keep pondering on these questions, I believe it is not too late for the Turkish government to retrace its steps and embrace full democratic norms.
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European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
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Panel Discussion – The Gulen Schools In Central Asia
