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.
Palauan President: We would like to participate in Turkish Language Olympics
The President Remengesau expressed his pleasure to receive the delegation and delivered a presentation on the Republic of Palau and its people. He further accentuated the significant role that intercultural activities will play in boosting Turkish-Palauan bilateral relations. He also expressed his willingness to have Palauan student participate in the coming Turkish Language Olympics.
TUSKON-led trade volume reaches $30 billion
The trade bridges created at these meetings have led TUSKON to generate a trade volume of $30 billion so far. Unlike some similar initiatives, TUSKON doesn’t neglect small and medium-sized enterprises. TUSKON’s first priority at trade bridge events is to encourage local entrepreneurs to open up to the world. This choice is a strategic move to diversity markets. In parallel with Turkey’s foreign trade policies, TUSKON has created bridges with a number of trade blocs in Africa, Latin America and Europe and the Eurasia and Pacific regions.
72-year-old Turkish man detained over coup charges
Gülen movement has been accused of masterminding the coup attempt on July 15 despite its successive statements that denied any involvement. Failing to back up its accusations with credible evidence, the government has detained more than 40,000 people and arrested 24,000 over their alleged links to the coup attempt since July 15.
17,000 women, 515 babies in Turkish prisons: SCF report
Thousands of women in Turkey, many with small children, have been jailed in an unprecedented crackdown and subjected to torture and ill-treatment in detention centers and prisons as part of the government’s systematic campaign of intimidation and persecution of critics and opponents, a new report has revealed.
Yet another woman faces detention at hospital immediately after giving birth
Police are waiting outside a room in Ankara Memorial Hospital to detain Feyza Yazıcı, who gave birth to a premature baby on Friday, as part of the Turkish government’s witch-hunt against the Gülen movement.
Turkish PM Davutoglu baselessly claims Hizmet works with PKK
The Journalists and Writers Foundation (GYV) strongly criticized and denied recent remarks from Prime Minister Ahmet Davutoğlu, who alleged that the Kurdistan Workers’ Party (PKK) and the so-called parallel structure are “working together,” saying the allegation is baseless slander directed at the [Hizmet] movement.
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