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.
It is not a prerequisite for democracy that everyone share the same ideas, culture, beliefs, or lifestyle, living together in unqualified happiness.
A society in which everyone shares the same ideals, interests, ideas, lifestyle, culture, language and beliefs appears to be a more totalitarian than democratic one.
Turkish editor hits out at media coercion under Erdoğan
Segments of the Turkish media remain fiercely anti-government, however, including secularist dailies Sözcü and Cumhuriyet, and more recently Zaman and Bugün, which are close to Gülen and have become more critical since the graft scandal erupted.
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İPEK ÜZÜM, DİYARBAKIR Students visiting Turkey from 140 countries for the 11th International Turkish Olympiad, a festival that celebrates the Turkish language and has brought together 2,000 students to Turkey this year, fascinated locals in the predominantly Kurdish city of Diyarbakır by singing songs in both the Kurdish and Turkish languages on Wednesday night. […]
Transparency and trust is our only weapon says Turkish NGO chairman
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Teacher jailed with 3-day-old baby released only to house arrest with ankle bracelet
Aysun Aydemir, an English teacher who was jailed with her three-day-old baby on Monday, has been released only to house arrest with an electronic bracelet on her ankle.
GYV: Hard-won democratic gains sacrificed for short-term interests
The move to seek the extradition of Fethullah Gülen using irrational justifications, the pressures on those businesspeople who sympathize with the Hizmet movement and the boycotts and sufferings that came in the wake of Erdoğan’s threat, “Do not given them [the Hizmet movement] even a single drop of water,” are the sort of developments unseen even during coup eras.
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