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 journalist at the Ankara branch of the daily Bugün has claimed that he received a threatening phone call which he describes as “insulting and discomforting.” The threat follows recent similar claims by Cüneyt Özdemir, a writer at the newspaper Radikal and anchor of the 5N 1K program broadcast by the CNN Türk TV station.
A Forum On Africa in Turkey (I)
Istanbul was peaceful when we arrived to attend the 29th Abant international forum titled: “Africa: Between Experience and Inspiration”. The event which brought together about 160 participants held between June 28-30, 2013 at a serene and scenic mountain resort of Abantu Buyuk Hotel in Bolu,Turkey.
In Turkey for once-in-a-lifetime experience
MYRA BLACKMON By the time you read this, I will be in Istanbul, as part of a group beginning a week-long tour as a guest of the Gulen Movement. We will visit tourist sites, but also meet with media folks, spend time in schools and universities and enjoy several dinners in private homes. We will […]
Was prime minister able to convince the EU?
Prime Minister Recep Tayyip Erdoğan makes all of his political reinforcement in the judicial system. He uses all his political power, charisma and charm to block the corruption probes. For this reason, instead of convincing the EU, he tries to secure a temporary peace so that he can finish his job.
To escape punishment, punish them all
The Turkish prime minister has decided that if he continues to be angry and vengeful, his power will be cemented. In his latest address in Parliament, he pushed his angry discourse to higher — or lower — levels, to make clear that he will not forgive and he will punish. Since he has chosen the Hizmet movement as the enemy, all he wants to do is inflict harm, regardless of on who or what.
TUSKON execs in Ethiopia for trade talks
Top executives from the Turkish Confederation of Businessmen and Industrialists (TUSKON), one of the country’s leading business confederations, are in the Ethiopian capital of Addis Ababa to hold talks on mutual trade and investment relations with senior officials such as the Ethiopian prime minister and the ambassador to Ankara.
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