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.
Should I not respond to those who want to strangle me?
HÜSEYİN GÜLERCE The move to close down prep schools is getting complicated. Things are going out of hand, and the discussions over this serious education issue are becoming less serious and more irrelevant. A Justice and Development Party (AK Party) deputy who is also a member of the education commission made a horrible remark comparing […]
Terrorist investigation against Kimse Yok Mu draws strong reactions
A shocking investigation being conducted by the Ankara Chief Public Prosecutor’s Office against prominent charity organization Kimse Yok Mu on charges of terrorism has been met with strong reactions from experts, who question how a charity can be accused of terrorism for delivering aid to those in need.
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Pak-Turk school teachers to be deported as Erdogan visits Pakistan
“PakTurk International Schools and Colleges are deeply concerned over the abrupt decision of the Government requiring the Turkish teachers, management and their family members numbering to approximately 450 individuals including the school-going children, infants and ladies to leave the country within three days – an extraordinary time constraint – in consequence of non-approval of their requests for extension of visa.
Top AK Party official likens Gülen’s stance on peace talks to that of Mandela
Justice and Development Party (AK Party) Deputy Chairman Hüseyin Çelik has expressed appreciation for Islamic scholar Fethullah Gülen’s support for ongoing talks with the terrorist Kurdistan Workers’ Party (PKK), likening Gülen’s remarks to those of South African politician Nelson Mandela. In his latest weekly speech, broadcast on website Herkul.org last Sunday, Gülen said as long […]
Stability in the post-Erdoğan era
In a BBC interview aired in late February, Fethullah Gülen once again spelled out the most important challenges for Turkey: establishing unity among diverse groups that include Alevis, Kurds and others; boosting educational opportunities for the young population; and tackling the long-running poverty problem in Turkey.
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