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.
Arrest of Kanter’s father underscores deepening tensions between U.S., Turkey
Turkey’s ability to stop Kanter from living in the U.S. or playing in the NBA is basically non-existent. The U.S. won’t allow Turkey to extradite him. But Erdoğan’s government has an ulterior motive in attempting to intimidate Kanter. “The point of this exercise is to let Turks around the world know that none of them are safe, that they should not speak out against the government,” Joshua Landis said.
Who was behind the Turkish Coup: Sufi Islamic Scholar Fathullah Gülen or the Regime itself?
Turkish President Recep Tayyip Erdoğan has bluntly blamed it on the Hizmet movement, Gülen’s initiative for intercultural and interfaith dialogue and education in the country expanding across the world today. But for many immensely impressed by Gülen’s global humanitarian, social and Islam-based peace activism, it remains an obscure question as to how the former ally of his country is now blamed for the coup.
‘My 5-month old son is slowly going blind in prison,’ says jailed mother
Betül Selçuk, a physics teacher who has been held in pretrial detention for almost 11 months over alleged links to the Gülen movement, has told her lawyer that her 5-month-old son, Mehmet Selim, is slowly going blind in prison due to overheating and unhygienic conditions.
Turkish school staff among 230 more evacuated from Yemen
Turkey evacuated 230 more people, including 185 Turkish nationals, from the Yemeni capital of Sanaa on April 5, Foreign Minister Mevlüt Çavuşoğlu has said.
Gulen Movement Educates Kurds, and not Everyone Is Happy
Nicolas Birch, Turkey There is a studious silence in the basement floor of the Rose Pink Women’s Education and Mutual Aid Association in Diyarbakir, the largest city in Turkey’s mainly Kurdish southeast. In three classrooms, 70 12-year-old girls are hard at work studying for exams that will decide their secondary school future. Wearing headscarves that […]
A rift between the Hizmet movement and the AK Party?
BÜLENT KENEŞ June 14, 2012 For some time, Turkey has been obsessively talking about an alleged contention between the ruling Justice and Development Party (AKP) and the Hizmet movement (aka Gulen Movement). This matter is being discussed in dozens of newspaper columns and TV programs every day. The Hizmet movement’s demands are about principles. These […]
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