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.
Five pilots who bombed coup base on July 15 arrested over Gulen links
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Don’t be fooled by Hizmet conspiracy theories
The March 31 opinion article by London-based attorney Robert Amsterdam (“Why should Turkish cleric Fethullah Gülen operate charter schools on US Military bases?”) that appeared on The Hill’s Congress Blog was as flawed in content as it was in character. In his piece, Mr. Amsterdam, a henchman for the Turkish government who has made a […]
Turkish police raid Zaman building, attempt to detain editor
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