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.
An Exiled Cleric Denies Playing a Leading Role in Coup Attempt
Fethullah Gulen, the Turkish cleric whom President Recep Tayyip Erdogan of Turkey has accused of inspiring the coup attempt against his government, gave a rare interview on Saturday at his compound here in which he denied involvement in the coup, but compared Mr. Erdogan’s administration to that of the Nazi SS.
TUSKON’s Meral tells Turkish firms in Germany to open to world
Turkish-owned businesses in Germany should exert more effort to branch out into different world markets, a top Turkish union told entrepreneurs in Frankfurt on Thursday.
Hizmet unmasks ‘undemocratic’ Erdogan
What appears to be going on in Turkey now is a struggle between the Hizmet movement and Erdogan. However, when you scratch the surface, it is easy to detect the increasing authoritarian and arbitrary rule under Erdogan’s government. All Gulen is doing is asking for a more democratic Turkey.
To escape from Turkey, they told their children it was a game
A Turkish family that was victimized by a government purge of the Gülen movement following a failed coup in July 2016 has fled to Greece in an inflatable boat, telling their children it was a “game,” Euronews reported on Tuesday.
Turkey bans math textbooks due to questions including Gülen’s initials
Turkey’s paranoia over the Gülen movement has reached new heights with the government banning mathematics textbooks due to questions involving the initials of Islamic scholar Fethullah Gülen.
Why Erdoğan exploits anti-American sentiments
With dangerous and discriminatory language, PM Erdoğan exploits anti-American and anti-Israeli sentiment in Turkish society to demonize his opponents. Can Erdoğan win this game? If Erdoğan were confident enough about the corruption case, maybe he could. Instead of letting justice run its proper course, he used his political power to intervene in the judiciary and police forces. This must be considered the most important indicator of his fall.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Mesut Kacmaz – the abducted Turkish teacher
Tears and sadness as Turkish people pack up to leave Pakistan
Who benefits the most from the AKP-Gülen movement rift?
Texas Agency Finds No Wrongdoing by Harmony Public Schools
Gülen’s lawyer to sue daily Sabah over black propaganda
A Turkish Recluse Bridges the Western and Muslim Worlds
