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.
HÜSEYİN GÜLERCE The Journalists and Writers Foundation (GYV) made an important statement on Thursday. Its press release, issued in connection with the recent tension that threatens to disrupt social consensus, seeks to defuse tension with regards to the rift between the government and the Hizmet movement. “[T]he ways in which legitimate demands are voiced should […]
Building bridges through knowledge, experience and friendship
Although the Turkic American Alliance (TAA) is a very young organization which was established only three years ago, it organizes amazing events to bring the Turkic world and the US together.
Int’l press organizations call for release of journalist Keneş, condemn arrest
New York-based press advocacy group the Committee to Protect Journalists (CPJ) has called on Turkish authorities to immediately release Today’s Zaman Editor-in-Chief Bülent Keneş, condemning the arrest as a “relentless crackdown” on the press.
Malaysia deports 3 Turks despite warnings of torture risk
Three Turkish nationals who were recently detained over controversial charges in Malaysia have been deported to Turkey. Amnesty International, Human Rights Watch and the UN Human Rights Office for South-East Asia earlier called on Malaysian officials to refrain from extradition as the detainees are affiliated with the Gülen movement.
PM defends Zarrab, suspected of leading bribery ring
Prime Minister Recep Tayyip Erdoğan has praised Iranian businessman Reza Zarrab — who stands accused of being the ringleader of a shady money-laundering and gold-smuggling ring set up to dodge sanctions against Iran — for his contribution to the country’s economy.
CHP leader: PM saving himself by paralyzing constitutional order
The CHP leader said there is a “parallel state” in Turkey, but this parallel state is not the Hizmet movement, a faith-based group inspired by Turkish Islamic scholar Fethullah Gülen, or any other religious group, as alleged by the prime minister. The parallel state is one that comprises the prime minister, several ministers, their sons, bureaucrats and businessmen. “This is a parallel state established for corruption,”
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