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.
FATİH VURAL/TUĞBA KAPLAN, İSTANBUL A sociologist who has studied the faith-based Gülen movement of Turkey extensively has said the movement helps other countries in the world to become more aware of Turkey. Helen Rose Ebaugh, the author of “The Gülen Movement: A Sociological Analysis of a Civic Movement Rooted in Moderate Islam,” was in İstanbul […]
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Turkish media say state-owned companies and institutional depositors loyal to Prime Minister Recep Tayyip Erdoğan have withdrawn TL 4 billion ($1.79 billion), some 20 percent of the bank’s total deposits, over the last month to try to sink the lender.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.
OKC Thunder’s Enes Kanter laughs off being called a terrorist by Turkish government
OKC Thunder center Enes Kanter has been accused in Turkey of being a terrorist and has a warrant out for his arrest, according to a report from a pro-government Turkish newspaper.
Pro-government paper claims with photoshopped image that Gülen has Vatican passport
In one more of a series of fabricated reports, the pro-government Takvim newspaper ran a lead story on Saturday claiming that Muslim scholar Fethullah Gülen holds a passport from the Vatican since he receives instructions from the Catholic Church. It was discovered that an image of a Vatican passport found on Google was photoshopped by Takvim daily.
Abant meeting calls for commitment to EU process, new constitution
SEVGİ AKARÇEŞME, ABANT/BOLU/TURKEY Participants of the three-day-long Abant Platform meeting have emphasized the need to finish drafting a new constitution, stressed the importance of a state that is equidistant to all beliefs and underlined the significance of reviving Turkey’s membership talks with the European Union. Long a byword for describing a gathering that attracts a […]
Another Hizmet-affiliated school targeted by AK Party
The Antalya Metropolitan Municipality City Council decided on Tuesday to change the structural plan of a Hizmet-affiliated school that has been operating in the Muratpaşa district of Antalya since 1996, canceling its registration and paving the way for the destruction of the building that houses the school.
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
EP discusses transparency call for Hizmet
Turkey’s STV opens Washington studio, first among Turkish TV networks
AFSV Condemns Erdoğan’s Persecution of the Hizmet Movement
Dismissed top editor of Zaman: We made a mistake by not objecting to the imprisonment of journalists
History will record this [AK Party’s attack on Hizmet] as well
EC official: Turkey should address issues within limits of rule of law
