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.
Unaffected by tension, TUSKON promotes Turkish economy
The Turkish Confederation of Businessmen and Industrialists (TUSKON) has had its share of these provocative media reports. Regarding the recent media reports criticizing TUSKON’s lobbying efforts for Turkish firms abroad, TUSKON President Rıza Nur Meral told Sunday’s Zaman that allegations against TUSKON “do not make sense” and that the confederation has always supported Turkish businessmen who want to branch out into global markets. “We will continue our support [for Turkish entrepreneurs],” Meral added.
Woman detained along with 40-day-old baby while visiting jailed husband
Zehra Elbir, a former court clerk who was earlier dismissed from her job in the government’s post-coup purge of state institutions, was detained only 40 days after she gave birth to her second child during a visit to her husband in prison.
Twitter shouldn’t let itself become a tool for tyrants
Journalists have been in Mr. Erdogan’s crosshairs, and his campaign is pushing into the digital universe, too. Turkey is pressing Twitter to silence journalists, and Twitter must resist more vigorously. Twitter is a powerful force for free expression. “The tweets must flow,” the company likes to say. But they don’t always flow, as freedom of speech and democracy are in retreat around the globe.
Groundless terror probe into Kimse Yok Mu aims to intimidate civil society, GYV says
The Journalists and Writers Foundation (GYV) has said an investigation launched against prominent charity organization Kimse Yok Mu on charges of terrorism aims to intimidate and limit the activities of a civil society organization.
13 recommendations to MGK secretary for inclusion in ‘Red Book’
The president pays attention to the current National Security Council (MGK). He is determined to declare Hizmet a terror organization. President Recep Tayyip Erdoğan is not interested in the Islamic State in Iraq and the Levant (ISIL), Kobani, Syria, the approximately 3 million refugees and the murder of 40 people in violent protests. His only concern is Hizmet. Given that the MGK is designed to be a place to discuss personal concerns, I, as a citizen, would like to raise some points of recommendation for the MGK secretary-general for possible inclusion on the agenda of the council.
The Pigeon, The Finger, and Hizmet’s ‘Inevitable Ambiguity’
Hizmet combines characteristics that we are not used to seeing combined in such a way: faith-inspired (in motivation) yet faith-neutral (in so many activities), informed by Qur’anic principles yet inclusive and non-missionary, predominantly Muslim but proactively engaging with wider society and responding constructively to modern and post-modern ideas and lifestyles.
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