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.
While the narrative voiced by Erdogan and echoed by the Turkish press blamed Gülen exclusively, many Turks and diplomats quietly harbored suspicions that Erdogan planned and staged the coup himself as a Turkish equivalent of the Reichstag Fire. That may once have sounded like a fringe conspiracy, but increasingly it seems the likely genesis of events last July.
Students from 70 countries celebrate graduation in Turkey
Turkish Confederation of Businessmen and Industrialists (TUSKON) Chairman Rızanur Meral, Journalists and Writers Foundation (GYV) Chairman Mustafa Yeşil and writers Reşit Haylamaz and Mehmet Akar attended the graduation ceremony of international students who had come to Turkey from nearly 70 countries.
Gülen endorses reform package, appealing for ‘yes’ on Sept. 12 referendum
Well-respected Turkish intellectual and scholar Fethullah Gülen has said the constitutional reform package to be voted on Sept. 12 contains crucial amendments. Underlining that everyone, including Turkish citizens living abroad, should say “yes” in the referendum, Gülen said, “I wish we had a chance to raise the dead ones from their graves and urge them to cast ‘yes’ votes in the referendum,” as he highlighted the importance of voting in favor of the changes.
Global Dignity Day marked in Turkey
The Journalists and Writers Foundation (GYV) organized a number of activities in Turkey to mark the Annual Global Dignity Day, which is celebrated with Global Dignity-led events around the world with the participation of 350.000 young people across 50 countries.
Academics: Hizmet a movement, not a gang; Gülen builds ties
The Hizmet movement led by US-based Islamic scholar Fethullah Gülen is not a gang but a movement, academics have said in reaction to a smear campaign led by the Turkish government against the movement and its representatives.
Kimse Yok Mu to send aid for Syrian refugees with 50 TIRs
Aid materials were collected from various provinces in the Marmara Region and the TIRs arrived in Bolu province. The aid material will be given to around 117, 000 Syrians in the refugee camps. 300 tons of flour, 25 tons of milk, 200 tons of dry food and clothes have been loaded in trucks.
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