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.
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Rethinking the state-people relationship [in Turkey]
We all know that Turkey has to solve a number of critical problems to become a democratic, pluralist and transparent state that is ruled by law. It would be a good start to ask who is going to have priority in the country: Is it the people or the state? Once you put the people at the center, rather than the state, then you have to accept that no way of life can be imposed on people.
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Turkish witch-hunt against the Gulen movement lacks one thing: Evidence
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Hundreds gather in front of Silivri Prison to protest media crackdown
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