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 Regulator Demands Bank Asya Information Before Sukuks (1)
Turkey’s Capital Markets Board has asked to be informed of future issues, Cengiz Onder, head of investor relations at Bank Asya, said in a phone interview today from Istanbul. An official at the board, asking not to be named under government policy, said it’s seeking further documentation from Bank Asya before sales can resume, without giving further comment.
A House Divided: Civil Society and Democracy in Turkey
I am of the firm opinion that Hizmet movement had been practically the core civilizing, and transformative engine for strong Turkish civil society in this modern age. The movement has had, without any doubt, facilitated and consolidated Turkey’s strong civil society and democracy.
Two women detained during visit to jailed husbands
Two women, identified as H.T. and S.S., were detained when they went through security check before visiting their imprisoned husbands at a prison in Turkey’s Edirne province.
Erdogan men advised to have polygamous marriages with wives of jailed Gülen followers
Foreign Economic Relations Board of Turkey (DEİK) representative in the Austrian province of Vorarlberg Hasan Güray Özüyer has said in his twitter message, “Let [the AKP male] supporters enter into [polygamous] marriages with four wives of jailed followers of Fethullah Gülen.”
Turks Should Question The Official Narrative That Gulen Was Behind The Coup
I am not trying to absolve one side or the other. The coup attempt was a heinous assault on Turkey’s civilian politics and the plotters must be punished in a fashion that deters similar actions in the future. What I am trying to understand is why everyone agrees that Gulenists did it when there is little evidence and that is even questionable.
Teacher detained while visiting relatives during Eid holiday
A teacher, identified with his/her initials M.P., was detained while on a visit to his/her relatives in Tatar village, Sivas on the very first day of the Muslim festival, Eid al-Fitr. It is a tradition that Muslims visit their elderly relatives at their homes as part of Eid celebrations in Turkey.
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
Int’l language festival students given high-level welcome in Australia
Turkish Alevites, Sunnis show solidarity during Eid al-Adha
What is behind the schools associated with Gülen?
Deputy PM Bülent Arınç says row with Hizmet movement would do no good
Medialog Platform hosts digital media experts from Europe and Asia
Gov’t’s hate campaign against Kimse Yok Mu draws condemnations
Laotian minister: I feel lucky my son studies at Turkish school
