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.
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The government’s attempts to shut down Turkish schools abroad which are affiliated with the Hizmet movement, inspired by the teachings of Turkish Islamic scholar Fethullah Gülen, have been severely criticized by opposition members and diplomats.
Pakistani Govt deports abducted Turkish teacher and family despite UN protections
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In Netherlans court orders parents to stop calling De Roos primary a terrorist school
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Law firms press charges against Gülen in favor of al-Qaeda-linked group
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TUSKON’s Turkish-Filipino Initiatives to Open New Trade Doors
TUSKON, Confederation of Businessmen and Industrialists of Turkey, opens new trade doors with Turkish-Filipino Business Forum in the capital Manila. A delegation of TUSKON businesspeople organized a business trip to the Philippines on January 26-30. As a part of their agenda, the delegation met with the Vice President of Philippines Jejomar Binay at the presidential […]
The next phase in Turkey’s political violence – third and coming coup could be the most violent
It has now been almost three months since the failed coup in Turkey. The events of July 15 were predictable, but they nevertheless mark a watershed in modern Turkish history. Still, it would be a mistake to view the coup as a single event. Turkey actually experienced two coups, but it will be the third and coming coup which could be the most violent and might very well cost Turkish President Recep Tayyip Erdoğan his life.
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