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.
İHSAN YILMAZ I am sure most of our readers know my Today’s Zaman colleague Mahir Zeynalov better than they know me. He is a very accomplished Twitter user. His Turkish twitter account has 57,000 followers and the English one has 87,000 followers. Last year, he was chosen as one of the 10 most effective twitter […]
Modern authoritarianism
Freedom House publishes each year a report focusing on the levels of freedom in all countries compiled with complete methodological research. Its reports are accepted as reliable and are used by many political scientists in their work.
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