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.
President Gül says Turkish Olympiads ‘greatest service’ to Turkey
The president has branded the annual contest of foreign students on the Turkish language the “greatest service” to Turkey, Turkish culture and its language, as he met with contestants participating in this year’s Olympiads. President Abdullah Gül told reporters while meeting with participants of the 11th Turkish Olympiads in the Çankaya presidential palace that organizations […]
Local, foreign participants debate Turkish democracy at Abant platform
22 June 2012 / YONCA POYRAZ DOĞAN, ABANT Even though Turkey has achieved great economic development in the past 10 years, it is still having trouble consolidating its democracy, according to both native and non-native participants of the 27th Abant Platform. In his introductory speech, Sabancı University’s Ersin Kalaycıoğlu said on Friday at the 27th […]
Abant Platform convenes to discuss problems of Turkish education system
Tens of educators, bureaucrats, civil society organizations and private education foundations from Turkey and 15 other countries have come together to discuss the problems of Turkish education system and to propose possible solutions to those problems at the Abant Platform’s 31st meeting that kicked off on Saturday in İstanbul.
Alevi demands remain unfulfilled as their disappointment grows
SEVGİ AKARÇEŞME, İSTANBUL The democratization package unveiled by the governing AK Party (Justice and Development Party) on Sept. 30 further disappointed already discouraged Alevis who have been expecting the state to officially recognize their houses of worship in accordance with other steps taken to equate all faiths in the country and this frustration led a […]
Turkish entrepreneurs presently hold $13 billion of investments in Russia, said Meral, who said that his organization has organized business trips and other events to increase this number.
87-year old prisoner gets 11-day solitary confinement for ‘hoping release one day’
Ali Osman Karahan, an 87-year-old Turkish man who has been kept in an Isparta prison for almost 15 months over alleged links to Turkey’s Gülen group, was given 11-day solitary confinement for relieving other inmates by saying: “if you are not guilty, you will be released one day.”
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
AK Party takes action to expel deputy who opposed closure of prep schools
Exiled Turkish professor ‘leading US university’
PII Awards Law Enforcement in New Jersey
Hizmet movement sticks to principles, AK Party transformed by the state
A Comparative Approach to Islam and Democracy
Gülen movement reiterates principles, underlines transparency in statement
