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.
Unlike the perception that Prime Minister Recep Tayyip Erdoğan tried to create, with the help of tremendous media power, the contention in the run-up to the elections was never between the ruling Justice and Development Party (AKP) and the Hizmet movement (or the so-called foreign forces that colluded with it).
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Democracy tree grows in Abant as Turks and Kurds bond
ABDULLAH BOZKURT It was in 2000 that liberal and conservative intellectuals in Turkey came together for the first time to address difficult questions in a highly civilized and respectable manner. To mark the occasion, they planted a pine tree in the backyard of the famous Abant Palace resort hotel near the northwestern city of Bolu. […]
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11 June 2012 / TODAYSZAMAN.COM Turkish President Abdullah Gül has said Turkish schools abroad are the largest non-state project Turkey has ever seen, noting that the schools’ value will only increase in the future. Organizers and participants in the 10th International Turkish Olympiads presented the Karamanoğlu Mehmet Bey Turkish Language Award to the president, who […]
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