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.
Kimse Yok Mu officials extend helping hand to Syrian refugees
The Şanlıurfa office of Kimse Yok Mu, a Turkish charity, in cooperation with the Şanlıurfa Governor’s Office, provided food, clothing, blankets and cleaning supplies to 200 Syrian families living in the town of Akçakale on Dec. 21. More than 120,000 Syrian refugees are taking shelter in camps in southern Turkey and more are expected to […]
To save itself, Turkish govt stabs hard-won democracy
“I don’t want to say that – but this is an executive coup over judiciary,” lawmaker Bal said. He noted that blaming the graft scandal on a “parallel state” – a phrase Erdogan often employs to describe his alleged opponents within the state – significantly damages Turkey’s reputation.
Practicing Muslims and negotiating with the Kurdists
DR. İHSAN YILMAZ The Hizmet movement has taken the lead on several sensitive issues in Turkey, ranging from democratization and the EU process to interfaith dialogue. I think it must also take the lead in supporting the peace attempts. It does not have to give a blank check to everyone and can voice its concerns, […]
Democracy tree grows in Abant as Turks and Kurds bond
ABDULLAH BOZKURT It was in 2000 that liberal and conservative intellectuals in Turkey came together for the first time to address difficult questions in a highly civilized and respectable manner. To mark the occasion, they planted a pine tree in the backyard of the famous Abant Palace resort hotel near the northwestern city of Bolu. […]
The Gülen movement: advocators of interfaith activities in Turkey
To cover up the [corruption] investigations, the newspapers close to the government use many derogatory labels for the movement, such as “promoters of light or moderate Islam,” “the protestantization of Islam,” “collaborators and allies of foreign intelligence agencies,” and “Christian missionaries under an Islamic guise.”
Turkish government defiant as battle over prep schools rises
Both the government and the Gülen movement have raised the stakes in the debate over a plan to regulate private prep schools, or dershanes. The tension recently peaked, with Erdoğan describing the group’s objection to his government’s plans as a “smear campaign.” Ekrem Dumanlı, editor-in-chief of daily Zaman, which is known for its close ties with the Gülen movement, wrote an open letter to Erdoğan and urged him to review his decision.
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