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.
Power struggle for the state or deep rift about Turkey?
As an external observer, I see a profound rift having taken place between Erdoğan — more than anybody else in the AKP — and the Hizmet movement; and that has much less to do with the power struggle than a resistance to another massive, individual attempt to accumulate power in one person.What has defined Erdoğan’s way with various social segments since 2011 is to alienate, antagonize, suppress and devour. So was his pattern with the dissident Kurds, Alevis, leftists, liberals and now Hizmet.
Turkish high-schooler commits suicide after father was dismissed under emergency rules
B.N.M., a freshman high school student killed herself allegedly after being bullied by classmates and lecturers over her teacher father’s dismissal from the profession due to his ties to the Gülen movement, on Oct. 24.
Peace and prosperity for Turkey lies in philosophy of Nursi says Altan Tan
On one hand he is a devout Muslim, and former member of the conservative Welfare Party (Refah Partisi), which was thrown out of the government in 1997 after a military memorandum, commonly known as the February 28 post-modern coup. Equally important for Tan is his identity as a Kurdish political figure, seeking political rights for his people and an end to conflict between armed rebels and the state.
Woman detained along with 40-day-old baby while visiting jailed husband
Zehra Elbir, a former court clerk who was earlier dismissed from her job in the government’s post-coup purge of state institutions, was detained only 40 days after she gave birth to her second child during a visit to her husband in prison.
Albanian president to Erdoğan: Turkish schools pose no threat
In the latest round of a debate surrounding the Turkish schools in Albania, President Bujar Nishani dismissed Turkish President Recep Tayyip Erdoğan’s request to shut schools down because of their links to the faith-based Gülen movement, also known as the Hizmet movement.
Down Syndrome child accompanies mother in prison as parents jailed over Gülen links
A 22-month-old child who suffers from Down Syndrome is living in jail along with his mother after both his mother and father were imprisoned in Konya over alleged links to the faith-based Gülen movement, a report said on Saturday.
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