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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In Turkey for once-in-a-lifetime experience
MYRA BLACKMON By the time you read this, I will be in Istanbul, as part of a group beginning a week-long tour as a guest of the Gulen Movement. We will visit tourist sites, but also meet with media folks, spend time in schools and universities and enjoy several dinners in private homes. We will […]
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Seasoned journalist Cüneyt Özdemir has said he was threatened by two members of pro-government media outlets and pressured to jump on the bandwagon by lashing out at the Hizmet movement and hosting a commentator who Özdemir said is a staunch supporter of conspiracy theories.
Journalists and Writers Foundation gathers all colors of Turkey at iftar
The evening began with a concert by a musical group and a welcome message from GYV Honorary President Fethullah Gülen. Many of those present expressed their wishes for peace and tolerance. Justice Minister Sadullah Ergin underlined the importance of the dinner, hoping that Ramadan would be an opportunity to enhance ties with brothers.
Turkish imams spied on Gülen sympathizers in Romania as well
A report published by The Black Sea news website on Saturday revealed that imams from Turkey’s Religious Affairs Directorate (Diyanet) spied on people sympathetic to Turkish Islamic scholar Fethullah Gülen and the movement he inspired in Romania as well.
What lies beneath the prep-school row between AK Party and the Hizmet
It is an open secret that Erdoğan is not targeting the prep schools, but the Hizmet movement that is inspired by the Islamic scholar Fethullah Gülen. People and companies that are sympathetic to the movement operate the majority of Turkey’s prep schools. Like the rest of the educational institutions affiliated with the movement, they are the most academically successful, sending students with outstanding scores to the best schools each year.
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