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.
A spectacular closing ceremony at İstanbul Atatürk Olimpiyat Stadium in front of 200,000 spectators for the 11th Turkish Language Olympiads has left bittersweet memories, signaling the end of a two-week festival full of poetry, dance, Turkish culture and music. Participants, who came from 130 countries, in this year’s competition wrapped up the two-week long finals […]
Why Gulen Should Not Be Extradited
To extradite Gulen would not only imply a high chance of an unfair trial, but would also sound the death knell of a blueprint for global peace. Gulen’s ideas have all the potential for a global approach to peace-building. John L. Esposito, a professor at Georgetown University and a highly respected expert on Islam, called Gulen’s initiatives “extraordinarily unique”, and suggested it would be “wise” for other Muslim movements to emulate them.
Report reveals closure of prep schools against Constitution
A recently released report by a think tank based in İstanbul has revealed that the controversial law shutting down Turkey’s private prep schools or “dershanes” includes clauses that violate the Turkish Constitution.
Erdoğan to US: What verdict? What court for terrorists?
Turkish President Tayyip Erdoğan said during a reception before his departure from New York on Thursday that a court trial is not necessary for US-based Turkish Islamic scholar Fethullah Gülen, whose teachings have inspired the Gülen movement, designated a terrorist organization and accused of plotting a failed coup in Turkey on July 15.
64-year-old bedridden woman in 17th month of her imprisonment on “terror” charges
Fatma Yurt, a 64-year-old Turkish woman who is confined to bed, is in the 17th month of her imprisonment over alleged links to the Gulen group, which the government of accused of masterminding a coup attempt in July 2016.
Organization (Kimse Yok Mu?) helped 79 Syrian families
“Is Anybody There?” Organization officials delivered donations, blankets and food to Syrian families with the coordination of AFAD (Disaster and Emergency Management Department) officials. The president of “Is Anybody There?” Elazig branch, Mr. Onder Colak, noted that they have been making donations to Syrian refugees in Turkey since the first days of civil war outbreak in Syria.
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