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 Faces International Trouble for Persecuting Gulen’s Schools
Ankara-The Turkish authorities’ pursuit of Fethullah Gulen’s schools is damaging Turkey’s relations with some countries that host schools of “Hizmet Movement” (Service Movement of Gulen), classified by Ankara as a terrorist organization.
Turkish Islamic scholar Fethullah Gülen has always supported the settlement process aimed at ending decades of conflict in Turkey, his lawyer said on Sunday. “Gülen has always made positive statements about the [settlement] process,” Nurullah Albayrak, Gülen’s lawyer, said. Albayrak’s remarks were aimed at dismissing claims that Gülen was “sabotaging” the settlement process and supported […]
Report: White House denies remarks attributed to Obama about Gülen
White House has reportedly denied remarks attributed to US President Barack Obama about Turkish Islamic scholar Fethullah Gülen, describing them as “not accurate.” Turkish Prime Minister Recep Tayyip Erdoğan said on Thursday during a live TV interview that Obama received “the message” about his complaint of Gülen residing in the US.
Today’s Zaman: six years of intense coverage
Yavuz Baydar Everybody should be thankful that Turkey proceeds the way it does. It has never disappointed us by keeping dull moments away from us and offering instead a constant stream of surprises. Often, a single day has meant a full year — 24 hours equaled to 365 days, in terms of events and developments. […]
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.
Kimse Yok Mu to distribute 90,000 food packages during Ramadan
The Kimse Yok Mu (Is Anybody There) charity foundation will be offering aid packages to 90,000 families in all the 81 provinces during the holy month of Ramadan. The fasting month of Ramadan, deemed the sultan of all the months by Muslims, is considered the most venerated, blessed and spiritually beneficial month of the Islamic […]
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