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.
70-year-old intending Hajj pilgrim detained on coup charges at airport
A 70-year-old prospective Hajj pilgrim was detained on coup charges at İstanbul’s Atatürk on Thursday night. Kıymet G., who is being held by police, was taken into custody while she was waiting to get on a Turkish Airlines flight for the Muslim holy city of Mecca in Saudi Arabia.
Kimse Yok Mu launches large-scale aid campaign for Syrian refugees
İPEK ÜZÜM, İSTANBUL Turkish aid organizations have launched a joint large-scale aid campaign to provide food and shelter from the cold to Syrian refugees who fled to Turkey to escape from the intensifying violence in their country. Syrian refugees in Turkey, whose number has reached 132,920 according to a written statement recently released by the […]
Leak deepens AKP-Gulen rift
Tulin Daloglu The rift between Turkish Prime Minister Recep Tayyip Erdogan and the prestigious Fethullah Gulen religious movement hit the surface last week. On Nov. 28, Mehmet Baransu of Taraf published a copy of a National Security Council (NSC) advisory ruling under the headline: “Measures needed to be taken to counter activities by the Fethullah Gulen group.” In January […]
Teachers detained on coup charges while casting votes in referendum
A.A. and T.D., two teachers who were earlier dismissed from their posts as part of a post-coup crackdown on the Gülen movement, were taken into custody on Sunday at a school in Malatya where they stopped to cast their votes in a referendum on a switch to an executive presidency.
Erdogan’s hunt for Gülenists, at home and abroad, includes abductions, torture and disappearances
Turkey’s crackdown has targeted ordinary citizens, suspected of links with Gülen’s Islamic movement. The country’s secret services have seized people in broad daylight, at home and abroad. Violence is used to extort confessions and denunciations. A victim speaks out.
Bank Asya says it weathers ‘stress test’, still strong
Turkish media say state-owned companies and institutional depositors loyal to Prime Minister Recep Tayyip Erdoğan have withdrawn TL 4 billion ($1.79 billion), some 20 percent of the bank’s total deposits, over the last month to try to sink the lender. The government has declined to comment. Bank Asya’s chief executive Ahmet Beyaz said the bank’s founders included sympathizers of cleric Fethullah Gülen, who officials say is behind the corruption investigation posing one of the biggest challenges to Erdoğan’s 11-year rule. But he said the bank was not at risk.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Turkey: Erdogan’s macabre dance in Africa
Filipina, infant freed from Turkish jail, but…
Turkey stands by Somalia during Eid Al-Adha
Opposition up in arms over Erdoğan’s badmouthing of Turkish schools abroad during visit to Ethiopia
[VIDEO] Turkish philosophy teacher says wife had to give birth at home due to Erdogan’s witch-hunt
Kosovo President: Arrest of Gulenists was wrong
TV station won’t cover AK Party events due to harassment of reporter
