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.
Beating ‘domestic enemies’ in the game of ‘advanced’ democracy
The writers, intellectuals and the journalists close to the Hizmet movement have, from the very beginning, called on the government to take legal steps against those whom he constantly labels the “parallel state” so that they could also know who they are.
Turkish Cultural Center in West Haven hit with graffiti in wake of unrest
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Former US Ambassador Ricciardone: Hizmet members not terrorists
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Auto companies from 27 countries join TUSKON summit
Representatives of automotive manufacturing companies from 27 countries were in the city of Konya on Tuesday to participate in a trade and investment summit organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON).
Turkish army profiled Tahşiyeciler as serving al-Qaeda
The 13 March 2009 report, prepared by Turkish General Staff Intelligence Unit Head, Lieutenant General Hakkı Pekin, reveals the Tahşiyeciler group’s ideology strongly aligned with al-Qaeda, viewing its leader Osama Bin Laden as Mahdi, the prophesied redeemer of Islam.
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