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.
İPEK ÜZÜM, İSTANBUL Students who have arrived in Turkey from countries around the world for the 11th International Turkish Olympiad, which is a festival that celebrates the Turkish language and has brought together 2,000 students from 140 different countries this year, are building strong ties and lasting friendships and in turn raising hopes for world […]
Report claims government categorized schools linked to Hizmet
The Turkish government classified, categorized and monitored a number of educational institutions in some way linked to Hizmet, a faith-based movement inspired by Turkish Islamic scholar Fethullah Gülen, until 2010, a Turkish daily reported on Sunday. “After statements confirmed the document, not only did I feel shattered, I am left speechless,” Gülen said.
Joint mosque-cemevi project will contribute to peace in Turkey
Protests against a joint mosque-cemevi (Alevi house of worship) complex project are meaningless because the project will help alleviate tensions between Alevis and Sunnis in Turkey, Alevi community leaders said on Monday. During the groundbreaking ceremony of the complex in Ankara on Sunday, a group of nearly 500 people protested against the project, clashing with […]
Once, it was democracy that brought Erdogan and Gülen together
It’s not a war between Erdoğan and [the] Gülen movement. It is a question of whether or not Turkey will be a real democracy.
International photography contest “Peace at the Frame”
The Journalist and Writers Foundation’s (GYV) Intercultural Dialogue Platform announces its first, annual photography contest. GYV likes to draw attention one more time to the peace, which is need more than ever these days through art of photography .GYV intends to unite everybody who can put the peace at his/her frame with the expertise of the art of photography.
Erdogan Budgets $150m To Displace Hizmet Schools In Africa
The motive behind Maarif Foundation is to use it as a tool to pressurize African countries to transfer ownership of Hizmet movement linked schools to the Maarif Foundation since the request for the closure of these schools were turned down for lacking in merit.
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