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.
EU, US Have Little Leverage as Turkish Democracy Backslides
“In the big picture, Erdogan knows that the EU needs Turkey and will come back begging for a new agreement on the migrants. That’s why he will play a game of brinksmanship,” said Soner Cagaptay, the director of the Turkish program at The Washington Institute.
Turkey is gateway to Europe: exporters urged to collaborate with Turkish companies
Confederation of Businessmen and Industrialists of Turkey (TUSKON) is organising a new track of its world famous series of international business summits, more than 2000 visitors from more than 124 countries are expected to participate in the event, expecting business agreements to the tune of $3 billion.
Turkey arrests Fethullah Gulen’s barber from 26 years ago
At least 16 people have been detained in the western province of Izmir, including a 50-year-old hairdresser, identified as İ.D., who used to give haircut to Fethullah Gülen during 1990s.
Police chiefs removed in four provinces across Turkey
The purges are thought to be an attempt to remove those the government believes are members of the Hizmet movement from public sector jobs.
Turkish schools building peace in Africa
The Young Kastamonu Businessmen Association members visited Mehmet Akif High School, one of the eleven Turkish schools in Morocco and had meetings with the members of the Turkish-Moroccan Businessmen Association. The KIAD (Kastamonu Businessmen Association) organized a business trip to Morocco and were greeted at Casablanca Airport with roses by the Moroccan businessmen. The Young […]
Turkish Olympiad students visit Parliament Speaker Cemil Çiçek
İPEK ÜZÜM, İSTANBUL Students coming from all round the world to participate in the 11th International Turkish Olympiad, a festival that celebrates the Turkish language and which this year brought together 2,000 students from 140 countries around the world, visited Parliament Speaker Cemil Çiçek and organizations in Ankara on Monday. A group of students went […]
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Complainant says he was ‘fooled,’ apologizes to suspects in trial targeting Gülen followers
Turkey’s ‘black box’ must be opened
US law professor: Erdoğan’s talk of Gülen extradition ‘foolishness’
‘We won’t stop the witch-hunt’ AKP parliamentary group deputy chair says
Nizamiye Will Perform 15,000 Cardiac Procedures In Nigeria
Rumi Forum bestows Peace and Dialogue Awards
Court accepts indictment against 9 officers in case seen as political witch hunt
