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.
Gülen won’t change his stand, urges followers’ patience
Turkish Islamic scholar Fethullah Gülen vowed to defend what he believes despite an organized attack by the government of Prime Minister Recep Tayyip Erdoğan that employs hate speech, slander and outright lies in order to discredit him and members of the Hizmet movement.
Turkish Airlines discriminates against critical newspapers on planes
THY significantly slashed its number of subscriptions to the aforementioned newspapers following an open disagreement between the government — which had made a decision to shut down prep schools — and the dailies, which held a critical editorial stance against the move. The numbers of these newspapers were lowered in THY’s private “Commercially Important Persons” lounge.
Turkey targets the Gulen family
Turkish police detained Fethullah Gulen’s brother on Sunday. Fethullah is one of five siblings. He has three brothers – Mesih, Salih, and Kutbettin – and two sisters, Nurhayat and Fazilet. Turkey accuses the preacher of organizing the July 15 coup attempt. His organization denies any involvement in the coup.
Türksat removes Zaman, 3 others from ad list
Türksat withdrew its ads from three other dailies as well: Bugün, Taraf and Radikal, all of which have published articles that criticized the government’s efforts to cover up an ongoing investigation into alleged corruption claims.
Hizmet rejects claims it is linked to graft probe, says democracy is antidote to chaos
The Journalists and Writers Foundation (GYV), whose honorary chairman is Turkish Islamic scholar Fethullah Gülen, has categorically rejected accusations that it is linked to the corruption and bribery investigation that has rocked Turkey for nearly a month, urging everyone to avoid language that only deepens the “dangerous polarization” in the country.
Abant participants: Turkey needs EU support to improve its democracy
24 June 2012 / YONCA POYRAZ DOĞAN, ABANT No matter the problems related to the European Union’s historical financial crisis and Turkey’s loss of enthusiasm regarding membership in the EU; participants of the 27th Abant meeting, titled “Different Perspectives on Turkey,” have said that Turkey needs the EU in order to improve its fragile democracy. […]
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