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 emphasizes importance of domestic peace for development
President Abdullah Gül has underlined the importance of domestic peace for Turkey to keep up its development, noting that the country should not waste its energy by focusing on “unnecessary rumors,” an almost open reference to Prime Minister Recep Tayyip Erdoğan’s defamation campaign targeting the Hizmet movement, a volunteer-based grassroots movement inspired by Islamic scholar Fethullah Gülen.
Erdoğan and Gülen: The Marriage of Convenience
Religiously, the Gülen Movement both reflects the long tradition of Turkish Sufi brotherhoods, and Gülen’s own emphasis on societal change through education, humanitarian activism, and interfaith dialogue. Gülen never sympathized with, or adopted, the AKP’s more conservative form of political Islam.
Hizmetophobia: A by-product of the Turkish Muslim Spring
Hizmetophobia, as a version of Islamophobia, is wrong. I call on all Hizmet critics in Turkey and abroad to refrain altogether from negatively stereotyping a widespread civic movement without presenting credible evidence other than conspiracy theories, gossip and personal fears.
Why was Mr. Gulen’s name brought up in the coup attempt in Turkey?
Fethullah Gulen: He (Mr. Erdogan) has always had a reaction to those who do not obey him since the beginning. As I previously expressed in other occasions, maybe, he was concealing some of his feelings.
Turkey urges KRG to consider Gulen Movement a “Terrorist Organization”
The KRG Ministry of Education said it would abide by any decision made by the KRG Council of Ministers concerning the closure of the organization’s schools in the Kurdistan Region. Sherko Hama Amin, a member of the Kurdistan Parliament’s Education Committee, told NRT that schools should not be shut down over political reasons, especially a political issue outside the region.
Retired public servant under custody for distributing donations to post-coup victims
M.S. was rounded up while he was withdrawing the money allegedly transferred from Canada-based Gulen followers to his account, at a bank branch in Izmir’s Bergama district. According to Turkey’s state-run Anadolu Agency, the funds were raised to support post-coup prisoners and those under investigation as well as the people dismissed as part of the government crackdown and their families.
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