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.
US Human Rights Report: Tens of thousands jailed in Turkey with little clarity on charges
The 2016 Country Reports on Human Rights Practices — the Human Rights Reports — released by the US State Department on Friday said that Turkish courts had imprisoned tens of thousands of people with little clarity on charges and evidence over their alleged links with a failed coup in July 2016 that was blamed on the Gülen movement.
First “Families Meeting” series concludes with a spectacular night
The first series of “Families Meeting” project, intended to bring together the members of diverse cultures, faiths and ethnicities and let them get to know each other, by Intercultural Dialogue Platform (KADIP) in cooperation with Foundation of Solidarity (DIDADER), came to an end with a final gathering at Syriac Catholic Church. Following the president of […]
Kazakhstan and Kyrgyzstan Reject Turkish Calls to Close Gülen Schools
Kazakh authorities said the Gülen schools would remain open. In a statement, the Education Ministry said “These schools (27) will be working as they used to.” The schools were established through a bilateral deal signed by Kazakh president Nursultan Nazarbayev and then-Turkish President Turgut Özal shortly after independence, according to Akipress. Both Kazakhstan and Kyrgyzstan are remaining firm that they will not bend to Ankara’s will on this issue.
Turkish Olympiad students visit Parliament Speaker Cemil Çiçek
İPEK ÜZÜM, İSTANBUL Students coming from all round the world to participate in the 11th International Turkish Olympiad, a festival that celebrates the Turkish language and which this year brought together 2,000 students from 140 countries around the world, visited Parliament Speaker Cemil Çiçek and organizations in Ankara on Monday. A group of students went […]
Turkish coup attempt: who is Fethullah Gülen?
The Turkish government, including President Recep Tayyip Erdoğan, has pointed the finger at Fethullah Gülen – also known as leader of the Hizmet movement – as the mastermind behind Friday’s attempted coup by the country’s military. But who is Gülen? We take a look at the Islamic cleric and how he has affected Erdoğan’s presidency
Monday Talk with Michael Rubin on Trump, Iran and Turkey
There is a rule-of-law in the United States and a process which the president simply does not have the power to short-circuit. If Gulen is turned over, however, I suspect relations will get worse because the extradition will convince Erdogan that blackmail and bluster work.
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