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.
Fountain Magazine wins APEX Award for publication excellence
HizmetNews — September 4, 2013 The Fountain Magazine has received an Award of Excellence in publication in the 25th APEX Awards. APEX awards are based on excellence in graphic design, editorial content and the ability to achieve overall communications excellence. The Fountain was granted the award in an intense competition of some 2,400 entries in […]
Main opposition brings plans to sink Bank Asya to Parliament
The main opposition Republican People’s Party (CHP) has brought onto Parliament’s agenda claims that some state companies and institutions withdrew massive amounts of money from participation bank Bank Asya in order to push it into insolvency by choking its liquidity conditions.
Toward an Islamic enlightenment
Turkish Islamic scholar Fethullah Gülen, who has put forward an interpretation of Islam that advocates peace, democracy, secularism (in the sense of freedom of religion and conscience for all), science, education and a market economy, and who has supported interfaith dialogue and mutual understanding and respect for people of different ethnic and religious identities and lifestyles, has been the topic of much curiosity for native as well as foreign observers of Turkey.
Political thunder from Turkey rumbles all the way to New Orleans
And how appalling that they should now be exposed to the atrocious anti-Muslim diatribes of a U.S. presidential candidate not all that different from Erdogan in his threats and his bigotry.
Erdogan’s Faux Coup may have been Turkey’s Reichstag Fire
Michael Rubin of the American Enterprise Institute just gave us a pat on the back confirming our original assessment of July 2016 that Erdogan had staged the July 2016 coup. Several career Turkish military officers make a persuasive case that Erdogan’s narrative is false and that the coup was essentially Turkey’s equivalent of the Reichstag fire.
Today’s Zaman celebrates sixth anniversary
BÜLENT KENEŞ On Jan. 16, 2013, Today’s Zaman’s sixth year will be complete. Since the very day this paper launched it has exerted great effort to promote the demilitarization and democratization of Turkey with the hopes that it will transform into a more transparent country governed by the rule of law. In this context it […]
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