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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FATMA DİŞLİ ZIBAK, İSTANBUL Human rights advocates and legal experts have voiced their uneasiness about claims suggesting that the ruling Justice and Development Party’s (AK Party) has profiled individuals whom it believes to be followers of certain religious and faith-based groups, describing the practice as being illegitimate and a violation of human rights. According to […]
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İHSAN YILMAZ After the Kurdistan Workers’ Party (PKK) leader Abdullah Öcalan’s comments to the Peace and Democracy Party (BDP) deputies visiting him on İmralı Island were leaked to the press, almost everybody asked who was behind the leak. The main suspicion was that it was leaked by one who did not want the peace negotiations […]
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