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.
Leaked document sheds light on Turkey’s controlled ‘coup’
Two and half years later, evidence is trickling out to support what the EU initially suspected – that president Recep Tayyip Erdogan knew what was going to happen and let it go ahead as a pretext to create one-man rule.
Deviation, crisis and opportunities…
The recent crisis going on between the Justice and Development Party (AK Party) government and the Hizmet movement is indeed not just a struggle between the two actors. It means much more than that. This fight represents a struggle between democracy and autocracy, freedom and oppression and a harmonious society and a polarized society.
What is the main offense that the Cemaat (Hizmet movement) has committed?
The background of the operation into the Cemaat which they [the government] have tried to depict as the main source of all evil in the world is so groundless and weak that…
Mothers meet in İstanbul to mark Mother’s Day, see their children
A mother, Vera Stamova from Moldova, expressed similar feelings. “My two children study in Turkey. My younger daughter studied in Turkish schools [in Moldova]. She received a quality education. I love Turkey and I have great confidence in Turkish people. If I had another child, I would also send her to Turkey. I miss them a lot, but they are very lucky and are taken good care of here,” she said.
Unproven speculations and legitimate questions
Joost Lagendijk* Last week I was able to witness through first-hand experience how difficult it is to explain the Gulen movement outside of Turkey and how easy it is to manipulate public opinion on this issue. It seems the launch of Zaman Vandaag (Today’s Zaman) in the Netherlands last Tuesday triggered several critics to present […]
12 detained for raising funds to help families of jailed Gülen sympathizers
Twelve businessmen have been detained in Kayseri province for raising humanitarian relief for families of people jailed in an ongoing crackdown on the Gülen movement. According to the Milliyet daily, police detained the “suspects” at a meeting during which they were raising funds for victimized families.
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