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.
Turkish Gov’t Seizes 965 Gülen Movement Affiliated Firms With $11.3 Billion Worth
Turkish Deputy PM Nurettin Canikli said on Friday that the Turkish government has seized 965 companies which were affiliated to the Gülen movement. The value of assets belonging to companies seized by the Turkish state during the ongoing state of emergency is also announced as nearly 41 billion Turkish Liras, around $11.3 billion.
Caucasus analyst Öztarsu: Only dialogue can solve Turkish, Armenian problems
YONCA POYRAZ DOĞAN, İSTANBUL Though Turkey’s relations with Armenia have been strained by a number of historical and political issues, a Turkish Caucasus analyst who lived and studied in Armenia points out in his new book that only dialogue can solve problems. “There is a great panorama of civil society activities, and I can say […]
Why Is A Cleric In The Poconos Accused Of Fomenting Turkey’s Coup Attempt?
As Turkey’s President Recep Tayyip Erdogan began re-establishing control Saturday, he immediately pointed the finger of blame for the failed coup attempt against him.
PM’s order echoes 2004 MGK decision [to undermine the Gulen Movement]
The prime minister’s order that Turkish ambassadors “tell the truth” to their foreign interlocutors about the corruption probe has brought to mind a controversial National Security Council (MGK) document indicating that Turkey’s ruling Justice and Development Party (AK Party) agreed to a planned crackdown on the Hizmet movement led by Turkish Islamic scholar Fethullah Gülen in 2004.
Turkey post-coup purges convulse society
President Erdogan says the state of emergency might be needed for another year to crush the “terrorist” threat. More than 130 media outlets have been shut down, the pro-Kurdish IMC TV the latest victim. The authorities have started releasing 38,000 prisoners, to make way for the new arrests.
Kurds, Turkey and growing with Öcalan’s help?
As far as the Kurds living in other countries are concerned, as Fethullah Gülen underscored in his Rudaw newspaper interview, Turkey should not only be interested in the well-being of Turks’ ethnic brothers in other countries but also Kurds’ and other ethnically non-Turkish citizens’ brothers and relatives all over the world. Thus, instead of seeing an autonomous Kurdish region in northern Syria as a threat, we must be happy that our Kurdish relatives on the other side of the border will hopefully have better living standards and human rights.
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