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.
Turkey’s picture on freedom of the press bleak on WPFD
FATMA DİŞLİ ZIBAK Journalists who have taken the opportunity to reflect on the thorny issue of freedom of the press in Turkey on the occasion of World Press Freedom Day (WPFD), which is marked every May 3, have drawn a bleak picture, speaking about the various problems that restrict freedom of the press in the […]
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Don’t Make A Mystic into a Martyr: Fethullah Gülen as Peacebuilder
My conclusion? He’s a mystic in the Sufi tradition of Islam. And like other famous mystics in history—notably Gandhi, or Rumi—from whom Gülen draws deeply, Fethullah Gülen is a peacebuilder. And history teaches us that peacebuilders are likely to be misunderstood, vilified, and targeted. It would be tragic if once again historical forces conspire to turn a mystic into a martyr.
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