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.
Indonesian students in Turkey at risk of Gulen purge
Some 300 Indonesian students in Turkey are seen at risk of losing their education stipends as President Recep Tayyip Erdoğan tightens his grip on national security following the failed coup attempt in mid-July. Meanwhile, PDI-P lawmaker Charles Honoris said there was no need for the government to heed Erdoğan’s call to close down nine Gülen-affiliated schools in Indonesia, dismissing the Turkish President’s advances as “paranoia.”
Inside the eye of Turkey’s political storm, in rural Pennsylvania
A moderate preacher rooted in the Sufi mystic tradition of Islam, Mr. Gulen is known for emphasizing interfaith dialogue. But Mr. Erdogan calls Mr. Gulen and his followers a “cancer” and a “terrorist organization” that is building a “parallel state.” The rancour is personal.
İstanbul hosts dialogue leaders to discuss tolerance in education
MAHIR ZEYNALOV “What we are doing here is for the better future of our people, to tackle global threats and institute global peace,” said Rostislav Rybakov, head of the Institute of Oriental Studies, during a conference held in İstanbul on Monday to discuss tolerance and dialogue in education. The Dialogue Eurasia Platform (DEP) together with […]
Hizmet and current political debates in Turkey
The Journalists and Writers Foundation (GYV), whose honorary chairman is well-respected Turkish Islamic scholar Fethullah Gülen, released a statement on its website on Thursday explaining the stance of the Hizmet [service] movement (also know as Gulen movement) inspired by Gülen as a civilian one with no political ambitions. The association’s statement comes in response to […]
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.
Government allegedly plots to blame Bingöl attacks on Hizmet movement
Twitter user @fuatavni has claimed the government has launched a plan to blame an attack in which two police officers were killed on Oct. 9 in Bingöl on the Hizmet movement, which is inspired by Turkish Islamic scholar Fethullah Gülen.
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