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

RTÜK suspends 20 SHaber TV shows, harshest penalty of all times

Radio and Television Supreme Council (RTÜK) has suspended 20 TV shows of the Samanyolu Haber TV news channel, its Editor in Chief Metin Yıkar announced via his Twitter account on Saturday. The RTÜK penalty came days after Prime Minister Recep Tayyip Erdoğan vowed to finish off the Hizmet Movement and its affiliates, including the Samanyolu Haber TV.

Recep Tayyip Erdogan is about to make himself a virtual dictator in Turkey

The proposed constitutional change grants the presidency new powers to directly appoint a vast range of public officials – cabinet ministers, provincial governors, and judges to the highest courts in the land. Simply put, the government’s plans are an enabling act: they are designed to strengthen the individual over the collective.

The gravest-ever smear

The erstwhile political Islamists — who would frequently utter the slogan “Every day is Ashura and everywhere is Karbala,” referring to the tragic incident in Islamic history when the Prophet Muhammad’s grandsons, Hasan and Husain, as well as those who accompanied them, were ambushed and slaughtered near Karbala in Iraq — apparently stick today to the formula “Every day is a lie and everywhere is a smear.”

Nazarbayev says Kazakh-Turk schools belong to Kazakhstan, no extradition of teachers

Kazakh President Nursultan Nazarbayev said on Thursday that Kazakh-Turk high schools that are allegedly linked to the faith-based Gülen movement belong to Kazakhstan and that Turkish teachers working at those schools will not be extradited to Turkey unless they are proven guilty of a crime.

A February 28 tactic from the PKK

The people of the nation know Gülen, who has spoken for years from the lectern at mosques, and they know those on the other side, too. If the shadows of the weapons cast over these people were only to be lifted, we would see whose side they would stand on.

Woman, 5-month-old son under custody after visiting husband in prison

Derya Gökten, the wife of an arrestee in Bursa prison was detained along with her 5-month-old son after visiting her husband in jail.

Latest News

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

Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade

Fethullah Gülen’s Vision and the Purpose of Hizmet

In Case You Missed It

Bad temper

Imprisoned Gülen followers subject to rape, nail extraction, object insertion: lawyers association

Turkish schools open up trade channels too

Turkey: ‘Exclusion for all’ state

EP’s Rebecca Harms Visited Turkish Educator Çabuk In Georgian Prison

Turkish volunteer doctors build bridges between Tanzania and Turkey

Three Turkish diplomats seeking asylum in Germany after coup

Copyright 2026 Hizmet News