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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Pakistani Govt deports abducted Turkish teacher and family despite UN protections
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TUSKON, Confederation of Businessmen and Industrialists of Turkey, opens new trade doors with Turkish-Filipino Business Forum in the capital Manila. A delegation of TUSKON businesspeople organized a business trip to the Philippines on January 26-30. As a part of their agenda, the delegation met with the Vice President of Philippines Jejomar Binay at the presidential […]
The next phase in Turkey’s political violence – third and coming coup could be the most violent
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