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.
Turkish newspaper ‘Zaman’ shuts down in Germany amid ‘threats’
The Turkish-language newspaper “Zaman” will stop operations in Germany after “threats” to readers, a staff member has said. The Turkish government took over the paper in Turkey itself in March. “Our subscribers are being visited; they are being threatened that if they continue to subscribe, they will have problems,” Bag said. He added that the current situation in Turkey, where the government is carrying out a wide-ranging media purge, was spilling over into Germany.
Turkey After the July Coup Attempt – Alan Makovsky’s testimony before Committee on Foreign Affairs
The vastness and persistence of the purge of the civil service, arrests of journalists, and closure of media outlets—many seemingly having nothing whatsoever to do with the exiled Turkish preacher Fethullah Gülen or his Gülenist movement that the Turkish government blames for the coup attempt.
Turkish Olympiads close with perfect ceremony
A spectacular closing ceremony at İstanbul Atatürk Olimpiyat Stadium in front of 200,000 spectators for the 11th Turkish Language Olympiads has left bittersweet memories, signaling the end of a two-week festival full of poetry, dance, Turkish culture and music. Participants, who came from 130 countries, in this year’s competition wrapped up the two-week long finals […]
Gülen Speaks to Süddeutsche Zeitung daily, warns of on-going witch hunt against Hizmet
“The impression is that Turkey is moving away from a state of democratic, secular and social values and turning into a single party, and even further, a one man state,” noted Islamic preacher Fethullah Gülen, who lives in self-exposed exile in the US, echoing widely expressed criticism of President Recep Tayyip Erdoğan and the current government.
Turkish police raid media close to cleric rival Gulen, detain 24
Turkish police raided media outlets close to a U.S.-based Muslim cleric on Sunday and detained 24 people including top executives and ex-police chiefs in operations against what President Tayyip Erdogan calls a terrorist network conspiring to topple him.
Turkey shies away from legal measures to provide equal opportunity in education
The recent move to close down prep schools that serve to significantly boost equal opportunity in education may be seen as yet another failure to promote equality on the part of a government which has not yet ratified a UNESCO agreement to end discrimination in education.
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