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.
New Mother Detained Over Alleged Gülen Links Despite Doctor’s Objection In Turkey
Hatice Avan, who gave birth to a baby in the western Turkish province of Denizli on Thursday, was detained on Friday, despite her doctor’s objection, over alleged links to the faith-based Gülen movement.
Parents jailed over Gülen links not allowed see their children for 9 months
Parents of four Bedia Baş and Abdülkadir Baş, who were arrested on terrorism charges in the aftermath of a failed coup attempt in Turkey in 2016 due to their alleged links to the Gülen movement, were not allowed to see their children during the first nine months of their incarceration.
Lawyers for Gulen Call Flynn’s Comments ‘Troubling’
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Operation against whom?
A claim made this past weekend by Hüseyin Gülerce, a senior columnist for the Zaman daily, affiliated with the Gülen (Hizmet) movement, increased tensions in Ankara when he suggested that a major operation will be carried out by the government against the Gülen movement, which it believes to be behind the graft investigation.
Turkey Coup Attempt: Who is Fethullah Gülen, The Cleric Being Accused Of Orchestrating The Turmoil?
In an address to his supporters at Istanbul’s Ataturk airport early on Saturday, Turkish President Recep Tayyip Erdogan accused Fethullah Gülen — a cleric living in a self-imposed exile in the United States — of orchestrating the coup attempt against his government. Here’s what you need to know about Gülen, who has denied being involved in the […]
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Turkey is preparing to kick start negotiations to ink free trade agreements (FTAs) with a dozen countries, including Japan and Canada, Economy Minister Zafer Çağlayan told a global trade and investment summit held in İstanbul. The Turkey-World Trade Bridge summit, a seven-year-old event on its way to becoming an internationally recognized summit, opened its doors […]
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