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.
US calls decision by Turkey to seize Zaman newspaper ’troubling’
“We see this as the latest in a series of troubling judicial and law enforcement actions taken by the Turkish government targeting media outlets and others critical of it,” State Department spokesman John Kirby told a news briefing.
Democracy on the rocks in Turkey
Last week’s military coup attempt in Turkey is likely to have a debilitating impact on Turkish democracy. Already, several thousand military officials and bureaucrats have been arrested. Even more perturbing, more than 2,000 judges were removed from their jobs.
My opinion on the book ‘Imam’s Army’
Conspiracy theory is very widespread in Turkey, society is currently polarized. Those who share a positivistic and Islamophobic mindset refuse to recognize that religion can assume a positive role and hold the Gülen movement responsible for nearly all evil. ŞAHİN ALPAY, Monday April 11, 2011 During my contacts with European parliamentarians, officials and Turkey experts […]
Government carried out a “controlled” coup in an attempt to exploit its outcomes: Opposition leader
The main Turkish opposition party has accused the ruling Justice and Development Party (AKP) of having prior knowledge of the failed July 15, 2016 putsch, saying Ankara carried out a “controlled” coup in an attempt to exploit its outcomes.
Tunisia was able to make constitution because of concessions of all parties
The Hizmet movement “revives civil society in a modern state,” he says, as he emphasizes that the movement also adheres to the values of the Muslim world. “Having Hizmet is very important for the Turkish state. It will help the state to renew its values,” the Tunisian politician comments.
Accused Turkish Cleric Assails President on Anniversary of Coup Attempt in WSJ Interview
Fethullah Gulen repeated his declaration that he has never been involved in any coup-plotting. “I never thought that he could go so bad,” said Mr. Gulen, who said that the Turkish president was unleashing mass hysteria inside the country. “Some parts of Turkish society have lost their ability to think.”
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