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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Police raid prominent journalists’ foundation GYV in Turkey
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Extraditing Gülen: A smart move for the PM?
In the latest salvo in his battle for his political life, the Turkish prime minister has started to threaten to bring U.S.-based scholar Fetullah Gülen back to Turkey to face a possible criminal case for his alleged role in what the premier called a “civilian coup plot” attempt. In legal terms, there has been no legal investigation or arrest warrant for Gülen.
Lawyers confirm: Turkish teachers are still in Kosovo
Lawyers representing six Turkish teachers who were arrested in Kosovo on Thursday, have released a written statement in which they confirmed that the teachers have not been deported to Turkey yet.
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