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.
Şifa University rector says gov’t move to shut down hospitals won’t affect education
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Religious leaders pray for world peace at meeting of civilizations
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Irrationality rules
Nobody outside of Turkey understands why a government that claims to be innocent and portrays itself as the victim of dirty conspiracies uses every legal — and according to many illegal — means at its disposal to stop further investigations and punish those who gathered the evidence or wrote the indictments.
Mother detained over Gülen links while premature baby left in intensive care
Ş.A., a former private school teacher and mother of a week-old premature infant, was taken into police custody over links to the faith-based Gülen movement while she was on her way to the hospital to feed the baby.
Investigation into journalist over MGK, MİT revelations blow to free press
A prompt investigation launched against journalist Mehmet Baransu for reporting on a confidential National Security Council document that mentioned a planned crackdown on faith-based groups in the country has been met with harsh criticism by Turkish and foreign journalist associations. “It is the responsibility of a journalist to report on issues that directly concern the people,” stated Committee to Protect Journalists Executive Director Joel Simon, when speaking to the Cihan news agency.
Hizmet schools win 64 out of 120 TÜBİTAK medals despite gov’t pressure
İstanbul’s Fatih Koleji, Ankara’s Samanyolu and Atlantik Schools and İzmir’s Yamanlar Schools, which have been put under pressure by the Justice and Development Party (AK Party) government, picked up 64 medals out of 120 on Wednesday in the 22nd National Science Olympiad and the 19th National Mathematics Olympiad for primary and secondary schools.
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