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.
Police officers carrying Kalashnikov rifles conducted a raid at a girls’ school dormitory in eastern Van province on Sunday, a move that is seen as part of an ongoing government-orchestrated operation targeting the faith-based Gülen movement, popularly known as the Hizmet movement.
Erdoğan Jails Hundreds of Babies in Paranoid Purge
When will the world pay heed to the humanitarian crisis on Erdoğan’s home turf that engulfs more innocent people by the day, even crying babies? Erdoğan’s paranoid purge of perceived political enemies has landed hundreds of babies and toddlers behind bars, sometimes arresting mothers on the very day they have given birth.
Gülen rejects labeling of Hizmet as ‘gang,’ calls it ‘traitorous’
Turkish Islamic scholar Fethullah Gülen has rejected the labeling of the Hizmet movement as a “gang,” saying those who uttered this word committed “traitorous” behavior. The term gang, “örgüt” in Turkish, has become a famous euphemism in Turkey to denote the terrorist Kurdistan Workers’ Party (PKK) and has a negative connotation.
Today’s Zaman praised for quality coverage on 6th anniversary
AYDIN ALBAYRAK/ALI ASLAN KILIÇ/SİNEM CENGİZ ANKARA On the occasion of the sixth anniversary of Today’s Zaman, senior leaders of the governing and opposition parties as well as Ankara-based foreign diplomats expressed their appreciation for the daily as an important source of information on Turkey. They described Today’s Zaman, the largest-circulated English daily in Turkey, as […]
GYV gathers politicians, diplomats at iftar dinner in Turkish capital
“Ramadan is a time of compassion and mercy. In these blessed days, when patience and tolerance prevail, we once more remember love, peace, modesty, cooperation and living for others,” Gülen’s message said.
Turkish gov’t detains more than 70 women over their alleged financial support for jailed Gülen followers
The Turkish government detained more than 70 women on Wednesday evening in five provinces across Turkey as part of a investigation targeting alleged members of the Gülen movement. It was claimed that the detained women have been helping financially to the relatives of those who were jailed or escaped from the persecution of the Turkish government.
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