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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Erdogan regime keeps defamation of the Gülen mov’t, calls it crusader organization
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Chairman of the Kanal D News Group and veteran journalist Mehmet Ali Birand, who advocated more freedoms and democracy in Turkey during a career spanning 48 years, has died. He was 71.Turkish Islamic scholar Fethullah Gülen expressed his condolences in a statement he released on Thursday night, describing Birand an exemplary journalist who didn’t compromise […]
Gülen says talk of raid against Zaman aims to intimidate
Islamic scholar Fethullah Gülen, who lives in self-exile in Pennsylvania, said on Thursday that the rumors of a crackdown against Hizmet movement-affiliated media is a “perception operation and aims to intimidate and oppress people.”
Smear campaign against Gülen today harsher than in Feb. 28 era
Turkish Islamic scholar Fethullah Gülen, who has inspired a worldwide religious network that defends peaceful coexistence through dialogue and education, is currently being targeted in a government-sponsored smear campaign that is reminiscent of, and even harsher than, the Feb. 28, 1997 coup period.
Turkish president approves closure of schools run by Erdogan rival
Turkish President Abdullah Gul approved on Wednesday a law closing private preparatory schools, many of which are a source of income and influence for an Islamic cleric accused by Prime Minister Tayyip Erdogan of seeking to topple him.
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