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.
A business delegation of Houston-based companies is currently visiting İstanbul in a program organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON) to discuss expanding trade ties and business opportunities with their Turkish counterparts. The visit comes on the heels of the recently launched direct flights between Houston and İstanbul by Turkey’s national flag […]
Victims of Erdogan’s witch-hunt and purge get their voice heard
A new website has recently been launched to publish stories or Turkish president Erdogan’s with-hunt, persecution and brutal crack-down on the dissents. The new website is named “Magduriyetler,” which aims to disseminate the stories of the countless violations of law after the coup attempt in July 2016.
Students visiting Turkey bid one another a teary farewell
Students who came to Turkey about four weeks ago to compete in the 11th International Turkish Olympiad — a competition in which Turkish speakers from around the globe recite poetry, write essays and sing songs — bid one another teary farewells during the Olympiad’s closing ceremony in İstanbul on Sunday night. The 11th International Turkish […]
Seyfullah Gülen, the brother of leading Turkish Islamic scholar Fethullah Gülen, died at the age of 72 on Friday morning at the private Şifa Hospital in Erzurum, where he had been receiving treatment after a heart attack.
‘Gülen movement has a specific mission’
… If the [Fethullah] Gülen movement were a small, ineffective community, the AKP would never have disturbed it. Or if the Gülen movement had acted in full cooperation with the government, such a conflict wouldn’t have occurred. But the Gülen movement has a specific mission. What is that mission? They seek to obtain the pleasure of God by leading good religious lives and engaging in educational and social services.
Ahmet Şık’s book and Ergenekon’s media campaign (3)
Emre Uslu, Sunday January 1, 2012 In a previous article I examined the media campaign against the Ergenekon trials and discussed Ahmet Şık. As I mentioned, the impact of Şık’s arrest was exaggerated because he was allegedly writing a book criticizing the Gülen movement’s influence in the police force, and his arrest was to prevent […]
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