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.
Zaman Editor-in-Chief Dumanlı faces probe over ‘insult’ to Erdoğan in news report
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Review of Dogan Koc’s Strategic Defamation of Fethullah Gulen: English vs. Turkish
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Representatives of Abrahamic religions meet in Iftar in Antioch
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The confidence crisis and remaining wounds
I have long been pondering on some questions which are bugging everyone. When an appointed prosecutor launches an investigation into appointed bureaucrats and MİT members’ activities involving a terrorist organization, why should this be described as a “civilian coup”? BÜLENT KENEŞ, Thursday February 23, 2012 While on my way to work on Thursday morning, a […]
Unscrupulous news reporting by Der Spiegel
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Turkish American ‘balance alignment’
Ali H. Aslan, Washington D.C. If, when I began working in Washington 16 years ago, someone had come up to me and said, “The day will come when nearly 50 senators and representatives from the US Congress will participate in a Turkish gathering,” I would have said he was dreaming. And if someone had also […]
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