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.
German intel expert says, based on CIA, BND reports, Erdoğan was behind failed coup
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Man abducted by Turkish intel exposes torture during 9-month enforced disappearance
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Maintaining that the reassignment of thousands of people in the police force and dozens in the judiciary since the breaking of the corruption probe, in which four former ministers of the AK Party have also been implicated, should not be considered routine reassignments, Babuşcu said
Visually impaired journalist sent to prison over Gülen links
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