Bank Asya’s corporate governance rating increases


Date posted: June 30, 2014

 
ISTANBUL
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.

Source: Todays Zaman , June 29, 2014


Related News

What ‘struggle for power’? [Between the Justice and Development Party (AKP) government and the Fethullah Gülen movement ]

A “Fethullahist” parallel state is a conspiracy theory par excellence, exploited by secular as well as Islamist fundamentalists and particularly by the Erdoğan government which vindicates once again the dictum that “power corrupts, and absolute power corrupts absolutely.

Oligarchic clique’s devious plans

Şahin, a longtime friend and political partner of Prime Minister Recep Tayyip Erdoğan, insisted that “the government is run by a small oligarchy of elites in a way that excludes broad segments of the party constituency and the Turkish people.”

Gulen-linked school manager released on bail by Tbilisi court

The manager of a private school linked to the exiled Turkish preacher Fethullah Gülen was released on bail by a Tbilisi court on Monday. Mustafa Emre Cabuk was arrested in May, 2017 in what appeared to be a case of pressure exerted by Turkey on Georgian authorities to crack down on institutions associated with Fethullah Gülen.

Alevi problems deeper than they seem, opinion leaders agree

On the first day of the 30th Abant Platform meeting on Friday on the Alevis issue in Turkey, Alevi and Sunni intellectuals and opinion leaders agreed that the problems date back to centuries ago and are more complicated than they seem. The event, titled “Searching for peace and a future together,” brought together representatives of various Alevi communities as well as Alevi and Sunni pundits, journalists and academics in an effort to have a comprehensive debate on one of the lingering problems of Turkish society.

Police waiting at hospital to detain İzmir woman after childbirth

Police are waiting at an İzmir hospital to detain Gülçin Çetinel, a Turkish woman who gave birth to her first baby early on Thursday, over alleged links to Turkey’s Gülen group.

Detainee says was pushed to make accusations about Gülen movement

Cleaning company owner Abdullah Yıldırım, who testified in court as part of an investigation launched based on a complaint from Okyanus Group CEO Nusret Argun, said police officers encouraged him to make accusations about the faith-based Gülen movement during interrogation.

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

SEO Skill Suite: Tools for Keyword Research, Technical & Backlink Analysis

Turkish inmate jailed over alleged Gülen links dies of heart attack in prison

Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney

Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement

ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment

New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement

European Human Rights Treaty Faces Legal And Political Tests

ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases

In Case You Missed It

Client fearfully waiting his turn to be tortured at Ankara police station: lawyer

Flautre: Investigation into Taraf daily, journalist over MGK docs ‘scandalous’

Blanket Drive for Syrian Refugees a Great Success

2,500 schools confiscated, 30,000 teachers dismissed over Gülen links

Group of activists walking across Europe raises 40,000 euros for Turkish refugees in Greece

Test of Turkish society

Turkish Cultural Center Holds Annual Friendship Dinner

Copyright 2026 Hizmet News