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.
AFSV Condemns Erdoğan’s Persecution of the Hizmet Movement
The push by Turkish President Recep Tayyip Erdogan for the Prime Minister’s cabinet to designate the Hizmet movement — also known as the “Gülen movement” — as a terrorist organization only serves to further Erdoğan’s crackdown on dissent, civil society and the media.
Police raid building Fethullah Gülen resided in 55 years ago
Edirne police, joined by a group of gendarmes, stormed a building in the city where US-based Turkish scholar Fethullah Gülen resided in 55 years ago when he worked as an imam at the famous Üç Şerefeli Mosque.
Governor’s office leads raid against Gülen inspired school based on annulled law
The Eskişehir Governor’s Office has stated that an annulled law was mistakenly used in the inspection warrants for Samanyolu Primary School and its high school as well as for a FEM prep school in the province, showing how carelessly the government-orchestrated operations are being carried out against the faith-based Gülen movement, also known as the Hizmet movement.
Closing down prep schools and calling it ‘transformation’
BÜŞRA ERDAL, İSTANBUL Describing the government’s plan to close down the prep schools as a “transformation” is nothing more than saying, “I’m not going to say ‘close down prep schools,’ but I’m going to close them down.” The draft law in question will affect millions of students and their parents, but the debate on prep […]
Turkey dismisses another 330 academics, brings total to 7,316
A total of 330 academics were dismissed in a new government decree, issued on Tuesday, bringing the total number of academics who lost their jobs after a failed coup on July 15 to 7,316.
Gov’t profiling of individuals found unacceptable, unlawful
FATMA DİŞLİ ZIBAK, İSTANBUL Human rights advocates and legal experts have voiced their uneasiness about claims suggesting that the ruling Justice and Development Party’s (AK Party) has profiled individuals whom it believes to be followers of certain religious and faith-based groups, describing the practice as being illegitimate and a violation of human rights. According to […]
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