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.
Victims of Turkey’s purge exploited also by lawyers with exorbitantly high fees
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Peruvian congress members speak about sociopolitical issues at PII in New York
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Dr. Ihsan Yilmaz, 28 March 2012, Wednesday There has recently been criticism directed against the Hizmet movement that it has been or is becoming a political movement. Its adversaries keep making these accusations, and nothing can be done to convince them. But for anyone sincerely interested in what the movement is actually up to, some […]
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Turkish Islamic scholar Fethullah Gülen has urged that the protests that have gripped Turkey for nearly 10 days not be underestimated or ignored, adding that “we share the blame” for the unrest. Gülen also urged restraint and patience from his followers and said “our duty is to work to rehabilitate hearts.” Gülen frequently used “we” in a […]
Newly launched book tells stories of purge victims after Turkey’s July 15 coup
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