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.
ATUL ANEJA They are an unusual group of Turkish businessmen endowed with a strong work ethic, a great spirit of public service, and who revel in camaraderie. Many of them are young first generation “capitalists”, emerging from humble backgrounds and hailing from the small towns and villages of Anatolia — once disparaged by Europhiles as […]
ECtHR urges Albania not to deport Gülen follower to Turkey
The European Court of Human Rights (ECtHR) in Strasbourg sent an official request to Albania asking it not to deport a Turkish citizen who is known to be a follower of the Gülen movement to Turkey as his trial has not been concluded in Albania, the Tirana Times reported.
Turkish authorities withdraw license of station linked to PM Erdogan’s opponents
Fatih Karaca, head of the media unit of Ipek group of companies, said Thursday Turkey’s radio and television watchdog revoked the license of KanalTurk television, citing a 2010 court decision. He maintained that the decision against the station — which is linked to a movement led by U.S.-based moderate Islamic cleric Fethullah Gulen — was “politically-motivated.”
‘State of rule of law suspended in Turkey, if not completely eliminated’
I’ve been in the military judiciary for years and I haven’t observed anything like it [“parallel state” in regards to the Hizmet movement], and I haven’t observed it in the civilian judiciary, either.
Children from all over the world embarked on Turkish voyage
Around 22 years ago, Fethullah Gülen said, “The day will come when you will no longer fit into the stadiums.” In fact, it turned out to be true. The Turkish Olympiad, which began in 2003 with young people from 17 different countries, has grown to the point that this year we hosted 2,000 students from 140 countries. The Olympiad came to an end in Istanbul with a magnificent final ceremony.
Fethullah Gulen turns coup accusations on Erdogan
Fethullah Gulen, the man blamed by President Recep Tayyip Erdogan of orchestrating the attempted military coup that rocked Turkey, has tried to turn the accusation against his political rival by suggesting that Mr Erdogan’s ruling AKP party had staged the uprising. In a rare interview from his residence in rural Pennsylvania with the Financial Times […]
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