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.
Turkey is no longer the old Turkey. The affluent middle class, the young population and stronger civil society organizations, strengthened by the digital revolution with such tools as social media and Internet portals, will resist any attempts to turn the clock backwards on the development of Turkish democracy. People will simply ask why Prime Minister Erdoğan is not going after his people who have been sleeping with the enemy next door if he is really sincere in addressing external threats to this great nation.
Prime Minister Erdoğan in his second home
Apolitical faith-based movements, represented by the Sufi lodges and the Hizmet movement today, regard Iranian expansionism as a real and imminent threat that needs to be tackled.
Real democrats cannot politicize Islam
Since the mid-1960s, the Hizmet movement has been the sole actor representing civil Islam in Turkey, and for over a decade the Hizmet movement has gained a worldwide reputation for its educational and interfaith dialogue activities.
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