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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Malatya teacher C.K., earlier dismissed from his/her post as part of the government’s post-coup purge, was taken into custody during a visit to his/her jailed relative on Saturday.
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ATUL ANEJA, April 26, 2012 As the endgame in Turkey’s transition to a mature democracy nears, media attacks have sharpened against the Gulen movement — a mass mobilisation vehicle that has, over the years, openly and peacefully challenged the concentration of privileges among the country’s military-backed old guard. Simultaneously, the movement has offered a socio-political […]
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