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.
Hate speech creates new opportunities for Hizmet movement
The effects of the ruling party’s persistent hate speech against the Hizmet movement on non- Hizmet groups can be examined by dividing the groups into two categories: conservative groups and other groups.
Hakan Yavuz: Der Spiegel’s inflammatory, biased journalism on Turkey story shocked me
A Turkish-American professor has slammed German Der Spiegel’s what he called “inflammatory and biased” reporting in its article about the movement associated with Turkish Islamic scholar Fethullah Gülen. “Reading today’s article on the Gülen movement was a real shock for me,” Yavuz, who is a professor at the University of Utah, told Today’s Zaman, referring […]
Kerry Tells Turkish Foreign Minister Coup Accusations Irresponsible
Secretary of State John Kerry said Sunday he told Turkish Foreign Minister Mevlüt Çavuşoğlu that it was irresponsible for his country to accuse the U.S. of involvement in Friday’s coup attempt.
Police raid prominent journalists’ foundation GYV in Turkey
GYV’s members strongly protested the police measure. Underlining that the raid violated standard protocol, high-ranking GYV official Recep Usta expressed; “the protocol states that VGM technical teams can come to the building and conduct examinations; and should they find any violation, a period of a month is granted to us [to fix any issues].
Today’s Zaman: six years of intense coverage
Yavuz Baydar Everybody should be thankful that Turkey proceeds the way it does. It has never disappointed us by keeping dull moments away from us and offering instead a constant stream of surprises. Often, a single day has meant a full year — 24 hours equaled to 365 days, in terms of events and developments. […]
How Erdoğan painted himself into a corner
Prime Minister Recep Tayyip Erdoğan is livid with Fetullah Gülen and his group. So much so that he is calling them “Assassins” now in the Islamic sense of the word. Suffice it to say it is extremely abusive to be called this if you are a devout Sunni.
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