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.
5 million people expected to attend 11th Int’l Turkish Olympiads
İSA YAZAR Five million people are expected to watch the wide range of shows to be performed in 55 Turkish cities as part of the 11th International Turkish Olympiads, a festival that celebrates the Turkish language and is this year brings together 2,000 students from 140 countries. The 11th International Turkish Olympiads, which is organized […]
Hizmet and countering violent extremism
The Hizmet movement is in trouble in Turkey because of the increasingly despotic Justice and Development Party (AKP) regime’s persecution of its volunteers. But, ironically, this may be good for world peace.
Turkey Continues Its Witch Hunt Against Gülen Followers
The arrests and detentions took place more than 6 weeks after the Turkish military staged a failed coup. But people who had absolutely nothing to do with the coup, who are simply accused of sympathizing with Fethullah Gülen, were also arrested. In what’s becoming a repetitive story, a host of journalists, lawyers, teachers and civil servants were among those arrested by the authorities.
Turkish Deputy PM says he will not visit Gülen amid ‘prep school tension’
Deputy Prime Minister Bülent Arınç has said that he will not visit Islamic scholar Fethullah Gülen during his trip to the United States, amid tension between the Gülen movement and the government over the possible closure of private “dershane” examination prep schools. After a Cabinet meeting on Nov. 18, Arınç had said the government would reevaluate its work on the controversial closure of the prep schools “together with the related parties.”
Malaysia also to blame for Turk’s torture, say rights groups
Human rights NGOs have called on Malaysian authorities to accept responsibility for the alleged torture of a Turkish teacher in his native country after he was deported from Malaysia.
Father says wife, 11-month-old son under arrest despite medical problems
Cengiz Zaza Akbaba, the husband of Gulistan Diken Akbaba said in a recent video that his wife and 11-month-old son have been under arrest despite the babies medical problems. “This child is only one of 560 children. Now, 560 children are not allowed to touch the soil, not allowed to see the sun,” Akbaba added.
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