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.
[Part 3] Gülen says gov’t cut back on rights and freedoms in Turkey
Islamic scholar Fethullah Gülen, who has inspired the popular civic and social movement called Hizmet, has said he is concerned with the ruling Justice and Development Party (AK Party) government’s moves seen over the last couple of years to cut back on fundamental rights and freedoms in Turkey.
Lies in the “Research” by Der Spiegel
MAHMUT ÇEBİ August 8, 2012 Fethullah Gülen has so far been designated with numerous titles: Islamist, pro-Christian, pro-sharia, pro-Vatican, pro-ummah, pro-Turan (Turkish ethnic nationalist), pro-American, pro-Israel, Calvinist, etc. Those who never listened to him or read his books have attacked him with as many defamations as they wished. But these decades-long groundless attacks have never […]
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Peshawar High Court halts government order to deport Pak-Turk school staff
Petitioner counsel Qazi Muhammad Anwar argued that all the Turkish teachers are very peaceful people who have committed no crime in Turkey as well as here in Pakistan.” He prayed the bench to suspend the federal government’s notice and stop deportation of the Turkish teachers and their families. The bench accepted the request and restrained the deportation of Pak-Turk schools’ staff.
İstanbul municipality tears down part of school in midnight operation
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Erdoğan distorts Gülen’s NYT op-ed, says it is about Bank Asya operation
President Recep Tayyip Erdoğan has presented a distorted interpretation of an op-ed written by Islamic scholar Fethullah Gülen that was published in The New York Times, claiming the op-ed is about the takeover of the board of Islamic lender Bank Asya by Turkey’s banking watchdog.
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