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.
Kurtuluş Tayiz I have been following anti-Fethullah Gülen broadcasts in the Kurdish media for some time now. Television stations, newspapers and Internet sites known for their closeness to the Kurdistan Workers’ Party (PKK) have incessantly been spreading hostility amongst its readers against Gülen. It wouldn’t be so difficult to understand if most of these publications […]
Erdoğan’s abstract enemies: parallel organization and superior mind
Totalitarian regimes rely on their ability to manufacture enemies. In his New Year message, President Recep Tayyip Erdoğan referred to a host of “external enemies” and “traitors.” The ruling party characterizes these traitors as the “parallel organization” and “superior mind.” The phrases “parallel state” and “Pennsylvania organization” are used synonymously with the “parallel organization” as well.
As Turkey’s war on Gulen escalates, so does impact on Africa
While critics say that Gülen is at best a cult figure, he is considered by many the legitimate spiritual leader of an Islamic movement that is focused on humanitarian service – hence the common name Hizmet – as well as interfaith dialogue and education.
Why is the Hizmet community alone?
Some people I have talked to recently have started to ask the following question, which is also discussed on social media from time to time: Why is the Hizmet community still alone even though it is clearly on the right track?
Erdoğan’s image in the West
Similar to what Erdogan did during the Gezi events, he is falsely accusing the Hizmet movement of being the puppet of these Western, Judeo-Christian enemies. His attempts to shut down YouTube and Twitter are telling enough for the democratic world.
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, […]
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