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.
İHSAN YILMAZ I am sure most of our readers know my Today’s Zaman colleague Mahir Zeynalov better than they know me. He is a very accomplished Twitter user. His Turkish twitter account has 57,000 followers and the English one has 87,000 followers. Last year, he was chosen as one of the 10 most effective twitter […]
Modern authoritarianism
Freedom House publishes each year a report focusing on the levels of freedom in all countries compiled with complete methodological research. Its reports are accepted as reliable and are used by many political scientists in their work.
Relatives Fear Turkish Govt May Kill Prisoners Through Staged Riot
Prisoners jailed in the post-coup crackdown in Istanbul and Ankara these days have far serious problem than torture and ill-treatment: media reports about a mass prison break that could provoke a government intervention, claims about mass executions of the prisoners trying to escape in that attempt.
Three political risks that Turkey might be exposed to
Economic indicators in Turkey cannot bear the political risk anymore. The currency rates go up whenever President Recep Tayyip Erdoğan makes a statement. Before the elections I had warned that Erdoğan’s election victory would bring instability, but nobody believed this. There are now three major fields of conflict and uncertainty before Turkey.
A Turkish couple spent their wedding day feeding 4,000 Syrian refugees
Hatice Avci, a spokesperson for aid organisation Kimse Yok Mu, told i100.co.uk that last Thursday the newlyweds donated the savings their families had put together for a party to share their wedding celebrations with the refugees living in and around the town of Kilis.
Municipality illegally demolishes building in İstanbul
Workers from the İstanbul Metropolitan Municipality have demolished a small, prefabricated shelter on land that belongs to the Hizmet-affiliated Mehtap Education Foundation, despite the lack of official permission to carry out the demolition.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Public ad budget unfairly allocated to pro-gov’t media
Zaman Editor-in-Chief: Turkish government no longer democratic
Peace Islands Institute Massachusetts Fifth Annual Friendship and Awards Dinner
Turkish schools in Romania awarded with certificate of excellence
The Encyclopedia of Islam and hate speech
Crackdown on journalists leaves void in post-coup Turkey