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.
Erdoğan and AK Party deputies split over hate speech against Hizmet
Apparently, not every Justice and Development Party (AK Party) member and minister is on board with Prime Minister Recep Tayyip Erdoğan’s hateful and insulting rhetoric against the Hizmet movement and Turkish Islamic scholar Fethullah Gülen and his followers.
Turkish-American community grapples with Turkey coup’s aftermath
Dr. Gokcek said he is not optimistic. He is fearful about the growing tensions in the country and coup sympathizers who might be stigmatized as traitors. On a basic level, Gokcek said, he has been able to sit down and eat with other Turkish-Americans with whom he might not always agree. “Some of those friends, I might not be able to now,” he said.
Overwhelming public response in support of Bank Asya
Solidarity campaigns against the Banking Regulation Supervision Agency’s (BDDK) decision to have the Savings Deposit Insurance Fund (TMSF) temporarily take over the management of Bank Asya have been springing up across the nation.
Detained woman, newborn baby transferred to police station 240 km away from home
Detained hours after giving birth at a private hospital in İstanbul early on Tuesday, Ayşe Kaya has been transferred to a police station in Edirne, a northwestern province some 240 kilometers away from home.
Visually impaired journalist sent to prison over Gülen links
Visually impaired Turkish journalist Cüneyt Arat was sent to prison late on Monday due to his alleged links to the Gülen movement. When Arat learned that a prison sentence approved by an upper court on Sunday, he turned himself in to the police later the same day.
Barton: Erdoğan intoxicated by power, imperiling democracy in Turkey
Professor Greg Barton, acting director of the Centre for Islam and the Modern World at the Melbourne-based Monash University has expressed his concerns about the course of events in Turkey in terms of basic rights and democracy.
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