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.
International photography contest “Peace at the Frame”
The Journalist and Writers Foundation’s (GYV) Intercultural Dialogue Platform announces its first, annual photography contest. GYV likes to draw attention one more time to the peace, which is need more than ever these days through art of photography .GYV intends to unite everybody who can put the peace at his/her frame with the expertise of the art of photography.
Witch hunt continues as police raid Gülen-inspired schools across Turkey
In yet another government-orchestrated operation targeting the faith-based Gülen movement, popularly known as the Hizmet movement, police officers and inspectors from several government bodies carried out raids on private high schools and exam preparation schools across Turkey on Thursday.
UK court rejects ‘politically motivated’ Turkish extradition request of businessman
John Zani, district judge at London’s Westminster Magistrates’ Court, declined Turkey’s request, expressing “serious reservations about the current state of the rule of law in Turkey.”
Erdoğan’s parallel bicycle gets rotten
SELÇUK GÜLTAŞLI Because he believes that the lies about the so-called “parallel state” are a useful tool to cover up the corruption charges, Prime Minister Recep Tayyip Erdoğan keeps riding this parallel bicycle. He is aware that once he stops riding this bicycle, he will fall off and the corruption charges will be exposed to […]
No evidence Gulen movement is guilty of subversive activities
The suggestion that Mr Gulen intends to create a new religious political order in Turkey is untrue. He has spoken against political Islam and has always supported a democratic system. In one of his speeches, he explained: “Islam does not propose a certain unchangeable form of government or attempt to shape it.
Turkey fails to channel money into industry: TUSKON
“A large amount of hot money came to Turkey, along with other developing countries, but Turkey could not use this money to invest into industry,” said Rızanur Meral, chairman of the Turkish Confederation of Businessmen and Industrialists (TUSKON).
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