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.
Action plan put into operation against Hizmet, indictment reveals
The Action Plan to Fight Reactionaryism, which was exposed by the Taraf daily in 2009, details a military plan to destroy the image of the ruling Justice and Development Party (AK Party) and faith-based Hizmet (Gülen) movement in the eyes of the public, play down the Ergenekon investigation.
Are the Turkish Leader Erdogan’s Claims of Terrorist Coup Plotting to Be Believed?
It is hard to find a parallel for what has transpired in Turkey since last month’s failed coup without making comparison with the Nuremburg decrees of 1935 that legally ostracized Germany’s Jews and people of Jewish ancestry. Yet Nazi anti-Semitism had a clear and straight-forward rationale, while the popular furor in Turkey over the Hizmet bears the flavor of a personal grudge match between two one-time friends. No ideology. Just down and dirty, no holds barred.
UN to Turkey: Free and Compensate Gulen-linked Detainees
Turkey must release two men detained over suspected links to a cleric blamed for a 2016 coup attempt and pay them compensation for arbitrary detention, a UN body said on Wednesday.
66 U.S. senators sign letter asking Turkey to release Pastor Andrew Brunson
The letter, signed by 43 Republicans and 23 Democrats, warned that the U.S. may decide to take unspecified measures” to ensure that Turkish government “respects the rights” of U.S. citizens to remain in Turkey without fear of being persecuted.
Gülen’s lawyer rejects ‘letter of alliance’ to PKK
Turkish Islamic scholar Fethullah Gülen, whose ideas inspired the faith based Hizmet movement, denied claims made by the Sabah daily claiming that Gülen sent a letter of alliance to the PKK
Turkey is gateway to Europe: exporters urged to collaborate with Turkish companies
Confederation of Businessmen and Industrialists of Turkey (TUSKON) is organising a new track of its world famous series of international business summits, more than 2000 visitors from more than 124 countries are expected to participate in the event, expecting business agreements to the tune of $3 billion.
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