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 business delegation of Houston-based companies is currently visiting İstanbul in a program organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON) to discuss expanding trade ties and business opportunities with their Turkish counterparts. The visit comes on the heels of the recently launched direct flights between Houston and İstanbul by Turkey’s national flag […]
Deputy claims Erdoğan prevented medical treatment of Kyrgyz president in Turkey
When Atambayev got sick while in Turkey in September, Erdoğan ordered hospitals across the country to refuse him medical services. Consequently, Atambayev went to Moscow for treatment. The deputy who made this claim also stated that once Erdoğan turns his back on someone, he would never again consider that person a friend.
Peace and prosperity for Turkey lies in philosophy of Nursi says Altan Tan
On one hand he is a devout Muslim, and former member of the conservative Welfare Party (Refah Partisi), which was thrown out of the government in 1997 after a military memorandum, commonly known as the February 28 post-modern coup. Equally important for Tan is his identity as a Kurdish political figure, seeking political rights for his people and an end to conflict between armed rebels and the state.
Turkey coup attempt: Number of people detained passes 26,000 amid international concern over crackdown
Turkish authorities are arresting people for links to the Gulen movement, which denies involvement. The number of people detained by Turkish authorities following the failed coup to oust President Recep Tayyip Erdogan has passed 26,000.
Turkey’s Erdogan Is Already Making the Most of His ‘Gift From Heaven’ After Coup Attempt
Erdogan is establishing the regime he wants even if the constitution is not amended, a regime that ensures complete loyalty, whether out of support for him or out of fear he is instilling in tens of thousands of government officials, hundreds of thousands of teachers, thousands of judges and prosecutors and army officers. The shakeup in the education system is perhaps the most significant, even more than in the justice system or the army.
What Is Next In Turkey?
The generals were never the script writers of the coups but only players. The script writers of the coup on July 15 in Turkey aimed to simulate a coup as if it was staged by the Gulen movement. It was simply a false flag. While only a few hundred soldiers were involved in the coup, more than ten thousand officers were purged and arrested. While the police officers challenged the coup plotters, twelve thousand police officers were fired two months after the coup.
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