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.
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Nigerian lawmakers have urged the Turkish government to apologise for arresting and deporting dozens of Nigerian students. The majority of the youths attended the Fatih University, which is among thousands of educational buildings Turkey has shut down in a crackdown following the failed coup.
The Abant Platform: the Arab Spring and Turkey’s role
Immersion in the complex and often nuanced debates at the Abant Platform made everyone realize that the Arab Spring heralded a new era, not only for the Arab world but for regional and global politics. In fact, many were unsure about the prospects of stability and democratization in the short term, but were optimistic this turbulent process would eventually bring much sought-after normalization to the region.
Police raids Şifa University hospitals in gov’t-led intimidation operation, report says
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Turkish aid organization becomes direct target of AK Party
Kimse Yok Mu, a UN-affiliated aid organization based in Turkey and the only Turkish organization that has a large outreach presence in 113 countries, continues to be a direct target of the Justice and Development Party (AK Party) government due to the latter’s hatred of the faith-based Hizmet movement, which inspired the work of the organization.
Abrupt gov’t decision to revoke status of Kimse Yok Mu draws criticism
Turkey’s leading charity, Kimse Yok Mu (Is Anybody There), had its right to collect charitable donations abruptly rescinded on Tuesday, in what seems to be an arbitrary decision made during a Cabinet meeting, prompting harsh reactions from volunteers, lawmakers of the opposition parties and representatives of other civil society groups.
Local NGOs urge Georgian gov’t to avoid returning Turkish teacher back home
Eight non-governmental organizations have called on the Georgian government to refrain from returning detained Turkish teacher to back home where “he will be possibly subjected to political persecution, torture, inhuman and degrading treatment or punishment. “[He] will have no access to fair trial,” said a statement, released on May 31.
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