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.
Alevi demands remain unfulfilled as their disappointment grows
SEVGİ AKARÇEŞME, İSTANBUL The democratization package unveiled by the governing AK Party (Justice and Development Party) on Sept. 30 further disappointed already discouraged Alevis who have been expecting the state to officially recognize their houses of worship in accordance with other steps taken to equate all faiths in the country and this frustration led a […]
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Champion of YGS university exam from Hizmet-affiliated FEM prep courses
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