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.
Ahmet Şık’s book and Ergenekon’s media campaign (1)
Within Turkey’s ultranationalist camps, supporters of the Kemalist system have already extended their support to the Ergenekon network. So there is a sizable community in Turkey that believes whatever is said by a suspect in the Ergenekon case. Emre Uslu, Wednesday 28 December 2011 The Odatv trial has finally begun after months of waiting. The […]
Fethullah Gulen turns coup accusations on Erdogan
Fethullah Gulen, the man blamed by President Recep Tayyip Erdogan of orchestrating the attempted military coup that rocked Turkey, has tried to turn the accusation against his political rival by suggesting that Mr Erdogan’s ruling AKP party had staged the uprising. In a rare interview from his residence in rural Pennsylvania with the Financial Times […]
Erdoğan’s parallel bicycle gets rotten
SELÇUK GÜLTAŞLI Because he believes that the lies about the so-called “parallel state” are a useful tool to cover up the corruption charges, Prime Minister Recep Tayyip Erdoğan keeps riding this parallel bicycle. He is aware that once he stops riding this bicycle, he will fall off and the corruption charges will be exposed to […]
Turkey’s permanent state of crisis
However, Erdogan has a problem: Whereas Ataturk came to power as a military general, Erdogan has a democratic mandate to govern. Ataturk’s Turkey was rural and only 10 percent of the country was literate at the time, with most educated people supporting his agenda. Erdogan’s Turkey is 80 percent urban and nearly 100 percent literate, and many well-educated Turks oppose his agenda.
Turkish PM heads to Brussels for tough talks with EU
Although the prime minister argues that an ongoing corruption and graft probe engulfing his own ministers is simply a plot hatched by an “illegal gang” that he describes as “parallel state” operated by Fethullah Gülen, a cleric in self-exile in the U.S., EU officials have made clear that such rhetoric has not been bought in Brussels.
Prof. İzzettin Doğan: Ramadan is opportunity to get to know Islam
Cem Foundation president, Alevite community leader Prof. İzzettin Doğan made an inspiring speech. He said that humanity does not know enough about Islam; Ramadan provides opportunity to get to know more about it. He further said Islam has the values that will protect Muslims as well as humanity. He also underlined the importance of bringing under the same roof people together that have differing opinions.
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