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.
Famine, civil war and conflicts in Africa have left thousands of orphans behind. Yagmur Magazine and Kimse Yok Mu Foundation have jointly launched a projects aimed to lift up those orphans. The profit made out of the poetry album Goklerin Titreyişi (meaning shudders of the skies) will be donated to the African children in need. […]
Minister Şahin praises Journalists and Writers Foundation for courageous coverage
SEZAİ KALAYCI, NEW YORK Family and Social Policy Minister Fatma Şahin has praised the Journalists and Writers Foundation (GYV) for its members’ courageous coverage of important issues at a time when the country is taking steps for democratization. Şahin’s remarks came during a panel discussion on women’s issues held by the GYV and Peace Islands […]
Turkish students win most awards at int’l math contest
Students from Turkish schools who competed at the American Mathematics Contest-8 (AMC-8) won the most awards this year, the 26th year of the competition. Turkey’s private school Coşkun Kolej won 18 gold medals — awarded to those with a perfect score. Burç School’s Florya Branch won 13 gold medals, while Bilecik Özel Sevgi Çiçeği Elementary […]
Austrian Far-Right Leader Likens Turkish Coup to Reichstag Fire
“One almost had the impression that it was a guided putsch aimed in the end at making a presidential dictatorship by Erdogan possible,” Strache told the daily Die Presse in an interview published on Saturday.
Businesses link to increase Pakistan-Turkey bilateral trade
The bilateral trade between Pakistan and Turkey can be increased from its present level of $700 million if the interaction between private sectors of both the countries is enhanced, a foreign businessmen
Turkey’s war on the press
Erdogan’s reckless behavior is hurting not only his legacy but also Turkey and its allies. Turkey’s image as a stable investment hub has been damaged. A politics of character assassination, polarization and suppression inevitably creates dangerous social stresses. An internally chaotic Turkey cannot be considered a reliable partner for the international community.
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