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.
ABDULLAH BOZKURT On Nov. 18, in a Cabinet meeting that lasted more than seven hours, Prime Minister Recep Tayyip Erdoğan discussed the ban on private prep schools with his ministers for almost four hours. The meeting came only four days after the draft bill on the ban was leaked to Turkey’s largest circulated paper Zaman. […]
Erdogan’s war on education: The exodus of Turkey’s teachers
They were happy when Greek police caught them. “They treated us very well,” Hakan says. “Zehra told us she felt safer spending [several nights] in jail than [she did] in Turkey. She said: ‘The Greek police are keeping us safe from the Turks.'”
The story of the government media’s smear campaign against Hizmet
The pro-government media — or more correctly the “government media,” as it has become apparent that they have been bought by businessmen under orders from the prime minister — has manufactured and published lies about the Hizmet movement, which has a four-decade proud history in Turkey, in an attempt to create the perception that it is a criminal organization.
Turkish charities ready to deliver aid during Eid al-Adha
Various Turkish charity organizations have wrapped up their preparations to deliver aid, including sacrificial meat and other forms of assistance, to people in need across Turkey and around the world during Eid al-Adha, an Islamic holiday celebrated by millions around the globe. Turkish charities are especially busy during the Eid al-Adha season, collecting money and sacrificing animals, packaging the meat and distributing it to the less fortunate.
Turkey needs a new constitution to save its democracy
Until recently Turkey was seen as an example of a country that prospered while maintaining a democratic government run by observant Muslim leaders. No longer. A small group within the government’s executive branch is holding to ransom the entire country’s progress. The support of a broad segment of the Turkish public is now being squandered, along with the opportunity to join the EU.
Micro-Finance and Vocational Training for Empowerment of Women
Peace Islands Institute and Kimse Yok Mu held a panel discussion on “Micro-Finance and Vocational Training For Empowerment of Women” on the occasion of the 59th Session of the United Nations Commission on the Status of Women. Mehmet Kilic, Director of Peace Islands Institute’s Center for Global Affairs, served as moderator for a panel of speakers from diverse backgrounds and experience in humanitarian relief, pharmaceutical, and politics.
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