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.
Central bank data disprove interior minister’s rigging claims
Ala’s remarks were widely interpreted as a reference to Bank Asya, a participation bank affiliated with the Hizmet movement, which the government has tried to scapegoat through conspiracy theories to evade corruption allegations. Some news stories broke soon after Ala’s claims, reporting that Bank Asya’s accounts were being scrutinized for misconduct.
Turkish spies working for President Erdogan ‘infiltrate Germany’s migrant community’
Turks, who make up the majority of Germany’s immigrant community, claim their schools and mosques are being spied on by Erdogan’s undercover agents to root out supporters of Fethullah Gülen – the man the Turkish president claims is behind July’s bloody military coup.
Part of Turkish media say have been shut out by government
Turkish media close to a US-based Islamic preacher accused by President Recep Tayyip Erdoğan of seeking to usurp power say they have been shut out of government press events in a move they see as evidence of Turkey’s deteriorating press freedoms.
Children from all over the world embarked on Turkish voyage
Around 22 years ago, Fethullah Gülen said, “The day will come when you will no longer fit into the stadiums.” In fact, it turned out to be true. The Turkish Olympiad, which began in 2003 with young people from 17 different countries, has grown to the point that this year we hosted 2,000 students from 140 countries. The Olympiad came to an end in Istanbul with a magnificent final ceremony.
Now it is time to answer
All Cemaat did was to oppose to the closing of test-preparation centers… The corruption investigation that erupted after, is billed to Cemaat by the PM himself.
African firms signal increased trade at TUSKON meeting
A total of 127 companies from 11 different countries in East Africa are participating in the Gaziantep summit, which started on Feb. 9 and will run until Feb. 12. The Turkish and African businesspeople held roughly 5,000 bilateral business meetings. TUSKON has intensified efforts to help more Turkish firms branch out into promising African markets over the past five years.
Latest News
Sacramento leaders gather for Iftar dinner in celebration of Ramadan
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
In Case You Missed It
Turkish police raid Zaman building, attempt to detain editor
Supporters of Saylorsburg Muslim cleric say protesters have got it all wrong
3rd Annual International Women’s Conference
Businessmen released following operation against Gülen movement
Gülen says he supports broader press freedoms
Fethullah Gülen in the Wikileaks Documents
Society ready for a new constitution, but how about politics?
