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.
‘PM conducting psychological warfare [against Hizmet movement] to cover graft claims’
The Hizmet movement is a grassroots movement based on voluntary participation aimed at fostering interfaith dialogue and tolerance, with a particular emphasis on education.
Bruised by lavish palace, Erdoğan pictures fake Gülen compound
President Recep Tayyip Erdoğan has made a major push to paint a picture of the compound where Turkish Islamic scholar Fethullah Gülen lives as a spacious camp in an attempt to contain attacks over his own sumptuous palace, which drew anger from the public, including from within his own party.
Slain prosecutor’s daughter: My father was not with Gülen movement
The daughter of former Bursa public prosecutor Seyfettin Yiğit, who allegedly committed suicide in a prison bathroom on Friday morning after he was put behind bars over Gülen movement ties, said on Saturday that her father was not affiliated with the Gülen movement but was with the Süleymancı movement, an Islamic movement in Turkey founded by Turkish Islamic scholar Süleyman Hilmi Tunahan in the early 20th century.
Turkey’s MGK says discussed organizations threatening national security
Although Erdoğan insists that there would be a legal move against the Hizmet, opponents and critical voices point to lack of evidence necessary for a criminal investigation against the Movement.
The term ‘Fetö’ is a misnomer, a bizarre creation of the paranoid Erdoğan propaganda machine
It disturbed me to see your newspaper uncritically using the term ‘Fetö’ – standing for the so-called ‘Fethullah Gülen Terrorist Organisation’, which is a rather bizarre creation of the paranoid Erdoğan propaganda machine. It is true that, with most dissenting voices silenced and most of the opposition press closed, Erdoğan’s propaganda now reigns supreme in Turkey.
Building bridges through knowledge, experience and friendship
Although the Turkic American Alliance (TAA) is a very young organization which was established only three years ago, it organizes amazing events to bring the Turkic world and the US together.
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