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.
Fethullah Gulen: Erdogan is not Fit to be President
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Turkey’s Maarif schools to be funded by Saudi and IDB money
The Maarif Foundation, established by the Turkish government in order to compete with Turkish schools abroad established by Gülen movement sympathizers, has received approval from Saudi authorities and the Islamic Development Bank (IDB) for financial support for Maarif schools abroad, a Turkish news portal reported on Friday.
Hate speech creates new opportunities for Hizmet movement
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Minister Şahin praises Journalists and Writers Foundation for courageous coverage
SEZAİ KALAYCI, NEW YORK Family and Social Policy Minister Fatma Şahin has praised the Journalists and Writers Foundation (GYV) for its members’ courageous coverage of important issues at a time when the country is taking steps for democratization. Şahin’s remarks came during a panel discussion on women’s issues held by the GYV and Peace Islands […]
Turkish minister: I would strangle Gülen supporters wherever I see them
Addressing students being sent abroad on scholarships, President Recep Tayyip Erdoğan’s son-in-law and Energy and Natural Resources Minister Berat Albayrak has said he would strangle supporters of the Gülen movement wherever he sees them, the Cumhuriyet daily reported on Friday.
Religion as a force for peace
ŞAHİN ALPAY One of the great advantages of Turkey, surely, is the dominance of religious scholars who have promoted conceptions of Islam promoting peace, socio-economic development and democracy. In this context, contributions of Said Nursi (1878-1960), a Kurd from Bitlis, and Fethullah Gülen, a Turk from Erzurum, are surely exceptional. In Turkey hopes for an […]
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