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.
Pakistan Today Editorial: The Turkish connection and Turkish schools
Surely nobody at the joint session really believed Mr Erdogan’s warning about the threat the so called Gullen Network presents Pakistan. No doubt the Turkish president really believes the Network – which ran schools here till just before his visit – is just as dangerous for Pakistan as al Qaeda, etc.
In Greece, Turks tell of lives full of fear in Recep Erdogan’s Turkey
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A report drafted by Turkey’s main opposition Republican People’s Party (CHP) on a failed coup attempt in Turkey on July 15, 2016 has repeated an earlier claim made by the party’s leader suggesting that the coup attempt was a “controlled” one and that there were some Turkish authorities who knew about the coup plans but did not take any measures to prevent it.
11 Gülen sympathizers held hostage at Saudi hotel deported to Turkey
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Fethullah Gülen versus Ayatollah Khomeini?
Gülen will not return to a society that is expecting him as the Savior or the true representation of Turkishness or the antidote to current political failures. Although it is true that Gülen’s imminent return would cause tensions, it would only be tensions created by political interest groups which would use his presence for their […]
Gulen has ‘no intention of leaving the US’
The Alliance for Shared Values “rejects the accusation” by Turkish Deputy Prime Minister Numan Kurtulmus that Gulen is planning a move to Canada, it said in a statement on its website. The Alliance also reiterated its call for an end to attempts to stymie voices of democratic dissent, including journalists, academics, Kurds, liberals and participants in the Hizmet movement.
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