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

With Husband Already In Jail, Woman Along With Two Children Detained In Post-Coup Witch Hunt

Nearly seven months after former public worker B.K. was arrested, his wife and two children were also detained as part of a government witch hunt against the Gülen movement. She is also diagnosed with chronic obstructive pulmonary disease.

Russian Diplomat Assassin’s Sister Says Police School, Not Gulen, Radicalized Him

The on-camera murder of Russian ambassador Andrey Karlov by 22-year-old Turkish police officer Mevlut Mert Altintas raised some disturbing questions about corruption and security in Turkey. In an interview with Hurriyet Daily News, Altintas’s step-sister Seher made those questions even more disturbing by claiming her brother was radicalized in police school.

The Hizmet movement and external forces

Fethullah Gülen Hocaefendi and the Journalists and Writers Foundation (GYV) make statements on behalf of the Hizmet movement. Even the GYV’s statements can hardly be considered as binding for every individual who is inspired by the Hizmet movement and who participates in different projects in a different manner as the Hizmet movement does not have a central organization or membership mechanism.

Why Turkey wants to silence its academics

Where will Turkey go from here? I spend many sleepless nights, feeling just as I did when I first read George Orwell’s “1984.” Just like Orwell’s dystopian society – a society with oppressive controls – the current Turkish state and the government are, it seems, out to silence all people capable of producing new and independent thinking and research in Turkey. As most of such minds are concentrated in Turkish academia, they will all be destroyed unless they turn into obedient and pious consumers.

Pro-gov’t columnist claims Obama could be Gülen’s White House ‘imam’

Mehmet Barlas, a columnist from the pro-government Sabah daily who is known as a staunch supporter of President Recep Tayyip Erdoğan, claimed in his column on Wednesday that US President Barack Obama could be an “imam” of the faith-based Gülen movement in Washington.

Zaman newspaper: Turkey police raid press offices in Istanbul

Turkish police have raided the offices of Zaman, the country’s biggest newspaper, hours after a court ruling placed it under state control. Police entered the building in Istanbul late on Friday, firing tear gas at protesters who had gathered outside. Zaman is closely linked to the Hizmet movement of influential US-based cleric Fethullah Gulen. Turkey […]

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

Helping hands to Kosova

Are we to wait for our Fethullah Gulen?

Turkey: Effort to Force Closure of Gülen Schools Falling Flat in Eurasia

First female chairwoman appointed at Kimse Yok Mu

People happy in town Kimse Yok Mu helped build

Pak-Turk Inter-School Math Olympiad: Prize distribution ceremony held

Statement of Senator Patrick Leahy On Assault on Press Freedom in Turkey Senate Floor

Copyright 2026 Hizmet News