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.
Calls to boycott Hizmet institutions denting market confidence
Calls that have been made over a period of several months by top government officials, including Prime Minister Recep Tayyip Erdoğan, to boycott schools and institutions run by the Hizmet movement will undermine confidence in Turkish markets, a recent report has said.
Comments on Turkey coup attempt by Prof. John Whyte
Prof. John Whyte’s comments on recent coup attemtp in Turkey.
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Ankara systematically tortures supporters of Gülen movement, Kurds, Turkey Tribunal rapporteurs say
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Once They were Brothers – Bir Zamanlar Kardeştiler
Kanter himself has faced legitimate threats from Erdoğan’s government. In 2017, Kanter escaped Turkish agents in Indonesia while working at a basketball camp for his foundation. He was detained in Romania for several hours and Turkish authorities had already cancelled his passport, making him a stateless man. Eventually, he was able to return to the United States, but not without a Turkish arrest warrant and a four-year prison sentence.
Kimse Yok Mu launches campaign for Eid al-Adha with amusing banner
The Kimse Yok Mu charity organization, which has been subjected to a smear campaign by the Justice and Development Party (AK Party) government, has launched its relief campaign ahead of the upcoming Eid al-Adha (Feast of Sacrifice) with an amusing banner, in an attempt to circumvent imposed restrictions.
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