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.
Turkey has a terror problem. The Islamic State, Kurdish extremists and radical leftists each pursue targets inside Turkey seemingly with impunity. Turkey is no stranger to terrorism, but for decades it managed to control the problem. Turkey’s security forces were efficient. Today, however, the situation has changed. Turkish President Erdogan has purged the military, the police, and intelligence professionals.
Turkey coup attempt: Number of people detained passes 26,000 amid international concern over crackdown
Turkish authorities are arresting people for links to the Gulen movement, which denies involvement. The number of people detained by Turkish authorities following the failed coup to oust President Recep Tayyip Erdogan has passed 26,000.
Gülen’s lawyer dismisses wiretapping claims
In his statement, Gülen’s lawyer Albayrak said the allegations which appeared in some newspapers is totally baseless and targets Gülen in an unfair way and demands punishment for the individuals who were involved such accusations
A Turkish couple spent their wedding day feeding 4,000 Syrian refugees
Hatice Avci, a spokesperson for aid organisation Kimse Yok Mu, told i100.co.uk that last Thursday the newlyweds donated the savings their families had put together for a party to share their wedding celebrations with the refugees living in and around the town of Kilis.
Why is the Gulen movement’s statement on press freedom significant?
BÜLENT KENEŞ As Turkey slows down its democratization and liberalization reforms, and occasionally backpedals on certain reforms, it runs into more serious problems. In particular, the slowdown in the democratization reforms Turkey is supposed to implement within the context of its European Union membership bid results in the deterioration of existing rights and freedoms. The […]
Gülen urges Hizmet members to defend prep schools in civilized way
Turkish Islamic scholar Fethullah Gülen has urged followers of the Hizmet movement to insist on the “right and logical” and defend prep schools, which the Turkish government has said it will shut down despite tremendous public outrage. In a speech broadcast by herkul.org, a website that usually publishes his speeches, Gülen said not insisting on […]
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