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.
There is no longer any doubt that Turkey conducts operations in the United States against Turks and Kurds with whom Erdogan disagrees. That problem will likely get worse as Erdogan digs in his heels and demands the extradition of exiled cleric Fethullah Gülen. While Turkish officials have turned over reams of papers detailing why Turkey believes Gülen is a malign influence, none of the evidence Turkey has provided actually implicates Gülen in the events of July 15.
Government drags military into politics
There are now serious question marks over whether the government orchestrated the operations at TİB to libel Hizmet for wiretapping with the aim of diverting attention from the separate spying case under way in Ankara and saving those uniformed men from facing judicial scrutiny over charges of spying.
Students from 140 countries to participate in Turkish Olympiads this year
A total of 2,000 students from 140 countries will attend the 11th International Turkish Olympiads, which brings together hundreds of foreign students studying at Turkish schools around the world, this year. A press conference was held by a member of the International Turkish Olympiads organizing committee, Işılay Saygın, on Monday in İzmir to give details […]
Bruised by lavish palace, Erdoğan pictures fake Gülen compound
President Recep Tayyip Erdoğan has made a major push to paint a picture of the compound where Turkish Islamic scholar Fethullah Gülen lives as a spacious camp in an attempt to contain attacks over his own sumptuous palace, which drew anger from the public, including from within his own party.
Unaffected by tension, TUSKON promotes Turkish economy
The Turkish Confederation of Businessmen and Industrialists (TUSKON) has had its share of these provocative media reports. Regarding the recent media reports criticizing TUSKON’s lobbying efforts for Turkish firms abroad, TUSKON President Rıza Nur Meral told Sunday’s Zaman that allegations against TUSKON “do not make sense” and that the confederation has always supported Turkish businessmen who want to branch out into global markets. “We will continue our support [for Turkish entrepreneurs],” Meral added.
The Pigeon, The Finger, and Hizmet’s ‘Inevitable Ambiguity’
Hizmet combines characteristics that we are not used to seeing combined in such a way: faith-inspired (in motivation) yet faith-neutral (in so many activities), informed by Qur’anic principles yet inclusive and non-missionary, predominantly Muslim but proactively engaging with wider society and responding constructively to modern and post-modern ideas and lifestyles.
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