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.
GYV rejects claims that Hizmet movement dominates Turkey’s judiciary
The Journalists and Writers Foundation (GYV) has strongly criticized and denied news reports suggesting that the Hizmet movement, which is inspired by well-respected Turkish Islamic scholar Fethullah Gülen, dominates the judiciary and bureaucratic positions within the Turkish state, calling the claims groundless. The claims appeared at a time when prosecutors summed up their case in […]
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Government spokesman and Deputy Prime Minister Bülent Arınç said the effort was discussed at the last Cabinet meeting and a presentation was made.ınç reminded the limits set by law and said, “We don’t have a duty to close down the Turkish schools there, and we lack the power, too.”
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