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.
Erdoğan distorts Gülen’s NYT op-ed, says it is about Bank Asya operation
President Recep Tayyip Erdoğan has presented a distorted interpretation of an op-ed written by Islamic scholar Fethullah Gülen that was published in The New York Times, claiming the op-ed is about the takeover of the board of Islamic lender Bank Asya by Turkey’s banking watchdog.
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The president has branded the annual contest of foreign students on the Turkish language the “greatest service” to Turkey, Turkish culture and its language, as he met with contestants participating in this year’s Olympiads. President Abdullah Gül told reporters while meeting with participants of the 11th Turkish Olympiads in the Çankaya presidential palace that organizations […]
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Documents reveal how military carried out campaign against the Gulen [Hizmet] movement
CEMAL A. KALYONCU, İSTANBUL Documents retrieved from computers of the Information and Support Unit of the General Staff clearly reveal how a pro-coup junta nested within the Turkish military, the Turkish Armed Forces (TSK), has engaged in propaganda to discredit the government and faith-based groups in the eyes of the people. Special unit to fight […]
AKP Twitter troll asks gov’t to kill all Gülen sympathizers in jail
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Measures taken in Turkey after the July 15 coup attempt created an “environment conducive to torture”, and ill treatment appears to have been widespread immediately after the failed putsch, UN special rapporteur on torture Nils Melzer said told reporters in Ankara. “Some recently passed legislation and statutory decrees created an environment conducive to torture,” he said.
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