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.
The trade bridges created at these meetings have led TUSKON to generate a trade volume of $30 billion so far. Unlike some similar initiatives, TUSKON doesn’t neglect small and medium-sized enterprises. TUSKON’s first priority at trade bridge events is to encourage local entrepreneurs to open up to the world. This choice is a strategic move to diversity markets. In parallel with Turkey’s foreign trade policies, TUSKON has created bridges with a number of trade blocs in Africa, Latin America and Europe and the Eurasia and Pacific regions.
Turkish government defiant as battle over prep schools rises
Both the government and the Gülen movement have raised the stakes in the debate over a plan to regulate private prep schools, or dershanes. The tension recently peaked, with Erdoğan describing the group’s objection to his government’s plans as a “smear campaign.” Ekrem Dumanlı, editor-in-chief of daily Zaman, which is known for its close ties with the Gülen movement, wrote an open letter to Erdoğan and urged him to review his decision.
Armed with automatic rifles, Turkish authorities raid Gülen-linked schools
Inspectors from six different state bodies have raided several schools and educational facilities linked to the Gülen movement as part of a witch-hunt against the group that has been raging since twin corruption investigations targeting the country’s president and his inner circle.
Why should education in Pakistan be held hostage to the politics of other countries, however brotherly?
If Pakistan does indeed give in to pressure from the Turkish government, the move will be ironic, given the number of madressahs currently operating in the country with established links to political, religious or denominational movements that have a more than suspected record of terrorism, violence and spurious religious indoctrination.
Strange alignment of PKK and government against Hizmet
Close relations between the ruling Justice and Development Party (AK Party) and the terrorist Kurdistan Workers’ Party (PKK), which began with a settlement process over the Kurdish issue, have deepened with a new alliance aimed at destroying the Hizmet movement.
Erdogan’s Changing Aspirations for Somalia
Somalia has been one of the centers to the world’s worst humanitarian crisis. The East African country has been crumbled for long years by many inextricable catastrophes including famine, drought, militancy and instability.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Afghan-Turkish schools win six medals at int’l olympiad
GYV: Hard-won democratic gains sacrificed for short-term interests
Pakistan PM Praises Turkish Schools in Erdogan’s Visit
Afghan Students, families baulk at Turkey taking over schools
Gülen: Burden of proof rests with those who claim we plotted the coup
Two volunteers of Gülen Movement reportedly abducted after released by Azerbaijani Court
Belgium firm to sue Turkey over Gülen-linked assets
