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.
Documents reveal how military carried out campaign against the Gulen [Hizmet] movement
CEMAL A. KALYONCU, İSTANBUL Documents retrieved from computers of the Information and Support Unit of the General Staff clearly reveal how a pro-coup junta nested within the Turkish military, the Turkish Armed Forces (TSK), has engaged in propaganda to discredit the government and faith-based groups in the eyes of the people. Special unit to fight […]
GYV expresses concern over claims of government profiling of its citizens
The Journalists and Writers Foundation (GYV), whose honorary chairman is Turkish Islamic scholar Fethullah Gülen, released a statement on its website on Thursday in which it said it is worried about the profiling of citizens, civic groups and public employees.
TUSKON sees $30 mln in Morocco textile contracts
The recent visit by a Turkish business delegation to Morocco has seen companies secure textile deals worth $30 million, the Turkish Confederation of Businessmen and Industrialists (TUSKON) has announced.TUSKON brought 44 members from the textile sector to meet 310 of their Moroccan counterparts at the Turkey-Morocco Textile Business Forum over the weekend. The forum was […]
Scapegoating: Turkish PM again blames Gülen movement for worsening economy
As the Turkish lira plunged even further on Friday, Prime Minister Binali Yıldırım claimed the Gülen movement was responsible for the deterioration in the country’s economic outlook. According to Yıldırım, “separatists” and sympathizers of the Gülen movement are working hard to ruin the Turkish economy in the eyes of the world.
To save itself, Turkish govt stabs hard-won democracy
“I don’t want to say that – but this is an executive coup over judiciary,” lawmaker Bal said. He noted that blaming the graft scandal on a “parallel state” – a phrase Erdogan often employs to describe his alleged opponents within the state – significantly damages Turkey’s reputation.
A Genocide in the Making – Genocidal action stage by stage by the Turkish government against the Hizmet movement
Dr Ismail Sezgin, Director of Centre for Hizmet Studies is questioning if a genocide is in the making in Turkey, exploring the development of a genocidal action stage by stage by the Turkish government against the Hizmet movement.
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