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.
African firms signal increased trade at TUSKON meeting
A total of 127 companies from 11 different countries in East Africa are participating in the Gaziantep summit, which started on Feb. 9 and will run until Feb. 12. The Turkish and African businesspeople held roughly 5,000 bilateral business meetings. TUSKON has intensified efforts to help more Turkish firms branch out into promising African markets over the past five years.
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.
Final declaration of the 33rd Abant Platform: “Turkey direction”
Participants in the 33rd Abant Platform, which ended on Sunday in the northwestern town of Akçakoca, agreed that Turkey has lost its direction in both its domestic and foreign policy, saying the way to rectify this is to restore its commitment to the accession process into the European Union and the rule of law at home.
President Zuma sends message to the South African – Turkish Business Association Business Awards
President Jacob Zuma has urged the Turkish business people to partner with the Chambers of Commerce in South Africa to help develop small businesses, transfer skills and create black industrialists.
Twelve questions Turkey’s journalists can’t ask
Erdoğan was born to a relatively poor family in Rize, along the Black Sea. His father was in the coast guard and worked at sea. Erdoğan at one point even sold snacks on the street to make extra cash. He graduated from a religious school in 1973, and immediately embarked on a political career, eventually becoming first mayor of Istanbul. So here’s the question: How did a man like Erdoğan become a billionaire several times over?
Ahmet Şık’s book and Ergenekon’s media campaign (3)
Emre Uslu, Sunday January 1, 2012 In a previous article I examined the media campaign against the Ergenekon trials and discussed Ahmet Şık. As I mentioned, the impact of Şık’s arrest was exaggerated because he was allegedly writing a book criticizing the Gülen movement’s influence in the police force, and his arrest was to prevent […]
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