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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The Supreme Court of Appeals on Friday accepted an indictment concerning a former third army commander and a prosecutor, who is currently a Republican People’s Party (CHP) deputy, accusing the two men of founding and running a terrorist group. 2 March 2012 / TODAY’S ZAMAN, İSTANBUL The action plan details a military plan to destroy […]
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Gülen said he had heard of Turkish officials’ efforts to “undermine Turkish schools abroad” which are run by his movement in many countries across the world. “Unfortunately, this appetite for destruction pushes all fair limits. These schools were established through the great self-sacrifice of the people of Anatolia,” he said.
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Both Turkish society and the world celebrated the fact that an anti-democratic intervention in the government was prevented. Turkish government has every right to pursue plotters within the law. The actions of President Erdogan’s government in the immediate aftermath of the coup, however, constitute a mass purge rather than a proper investigation.
Turkish Olympiads close with perfect ceremony
A spectacular closing ceremony at İstanbul Atatürk Olimpiyat Stadium in front of 200,000 spectators for the 11th Turkish Language Olympiads has left bittersweet memories, signaling the end of a two-week festival full of poetry, dance, Turkish culture and music. Participants, who came from 130 countries, in this year’s competition wrapped up the two-week long finals […]
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