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.
Mother with 25-day-old baby jailed on coup charges in Istanbul
Halime Kaman, a Turkish national who gave birth some 25 days ago at an İstanbul hospital, was reportedly arrested by an İstanbul court on Friday, according to several Turkish media outlets and Twitter accounts.
Victims of forced disappearance in Turkey
On this ‘International day of the victims of enforced disappearances’ (August 30), let’s raise our voices for the missing people of Turkey. In the aftermath of the coup attempt last year, at least thirteen people have been abducted allegedly by elements linked to the Turkish government as part of an intimidation campaign targeting critics and opponents of Turkey’s president.
Self-criticism by the Hizmet movement
Hizmet is composed of volunteers who are heterogeneous in terms of religiosity, ideology, lifestyle, occupation, degree of involvement in Hizmet activities and so on. Since Hizmet is not a hierarchical organization, it does not have a headquarters. As a result, it is difficult to talk about Hizmet’s mistakes. One can talk about the mistakes of some Hizmet volunteers or institutions that are affiliated with Hizmet.
“There will be no Turkish Olympiad,” says Erdoğan
Bülent Arınç, a deputy prime minister in the Justice and Development Party (AKP) government, is the “good cop” who takes the stage when there is a need for reconciliation.
Turkey at the precipice
Turkey has a terror problem. The Islamic State, Kurdish extremists and radical leftists each pursue targets inside Turkey seemingly with impunity. Turkey is no stranger to terrorism, but for decades it managed to control the problem. Turkey’s security forces were efficient. Today, however, the situation has changed. Turkish President Erdogan has purged the military, the police, and intelligence professionals.
Turkey Coup Attempt Leaves America With Stark Choice
In the aftermath of Turkey’s attempted, and failed, coup, Washington is primarily concerned about the future of the U.S.-Turkish alliance and its central objective these days: the fight against Islamic State (ISIS). In particular, U.S. policymakers are concerned about the fate of U.S. access to the Turkish airbase at Incirlik, from which assets used in […]
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