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.
Local, foreign participants debate Turkish democracy at Abant platform
22 June 2012 / YONCA POYRAZ DOĞAN, ABANT Even though Turkey has achieved great economic development in the past 10 years, it is still having trouble consolidating its democracy, according to both native and non-native participants of the 27th Abant Platform. In his introductory speech, Sabancı University’s Ersin Kalaycıoğlu said on Friday at the 27th […]
Turkey’s Maarif schools to be funded by Saudi and IDB money
The Maarif Foundation, established by the Turkish government in order to compete with Turkish schools abroad established by Gülen movement sympathizers, has received approval from Saudi authorities and the Islamic Development Bank (IDB) for financial support for Maarif schools abroad, a Turkish news portal reported on Friday.
Mother of 2 detained while visiting jailed husband during Eid holiday
42-year-old Ozen Alkan was detainedon Monday, June 26 while she was visiting her husband, already under arrest over his alleged links to the Gulen movement. It was the second day of Muslim festival of Eid-Al-Fitr on Monday.
Gezi anniversary reminder of Erdogan’s nine lives
Although Gulen was Erdogan’s principle ally in clipping the wings of the staunchly secularist Turkish military, he quickly became his nemesis and thousands of policemen, and prosecutors accused of being Gulen followers were dismissed or displaced in what amounted to a sweeping political pogrom.
Police pressure businessmen who sued Erdoğan over Hizmet remarks
On one day, police paid a visit both to the residence and workplace of the businessman, who requested to remain anonymous, even though there had not been any violation of law on his part. Asking arbitrary questions at the businessman’s residence, such as, “Why did you sue the prime minister?”, “What does your husband [the businessman] do?”, “Do you own the house or is it rental?” and “Do you have a car?”, the police asked for the mobile phone number of the businessman and left. The policeman said that they came from the Tepebaşı Police Station in Ankara.
Some states use religion for wars, says Catholic Bishop in İstanbul
Speaking at the Dialogue Symposium held in İstanbul on Friday, the spiritual leader of the Latin Catholic Community, Louis Pelatre said some states abuse religion for wars although all religions prohibit killing and war. “We have to fight against prejudices in order to prevent the use of religion in wars,” said Pelatre as he commended the interfaith dialogue efforts of Islamic scholar Fethullah Gülen.
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