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

“They won’t believe,” he said

AHMET KURUCAN “They won’t believe,” he said. “They won’t believe that we work for peace and the salvation of humanity. They won’t believe that we endeavor to create an island of peace where all of humanity can live in brotherhood. They won’t believe that you do not have expectations for this world or the next. […]

Back to school in Turkey after post-coup teacher purge

As more than 18 million children began the new term after the summer break, Huseyin Ozev, president of the Istanbul teachers’ union, told AFP there were fears the academic year would begin with “chaos” because of huge staff shortages.

Former Daimler chairman: Turkey’s purge reminds of me beginning of Nazi era

Edzard Reuter, the son of the first mayor of West Berlin Ernst Reuter and the former chairman of the German automaker Daimler-Benz, said Turkey’s post-coup purge recalls what happened during early years of Nazi regime at his home country.

Erdoğan distorts Gülen’s NYT op-ed, says it is about Bank Asya operation

President Recep Tayyip Erdoğan has presented a distorted interpretation of an op-ed written by Islamic scholar Fethullah Gülen that was published in The New York Times, claiming the op-ed is about the takeover of the board of Islamic lender Bank Asya by Turkey’s banking watchdog.

8-year-old cancer patient denied passport due to father’s alleged links to Turkey’s Gülen group

Ahmet Ataç, an eight-year-old kid with stage four bone cancer, has reportedly been denied a passport by Turkish authorities due to the his father’s ongoing imprisonment over alleged links to Turkey’s Gülen group.

Politically motivated police raid of kindergarten in west Turkey

The witch hunt against the opponents of the government continues and is growing. In another instance of a government-orchestrated operation targeting the faith-based Gülen movement, popularly known as the Hizmet movement, the police along with inspectors conducted raids around 6 am on Tuesday at dozens of institutions owned by the Yamanlar Educational Institutions, which was established by volunteers of the movement in the western province of İzmir.

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

Kimse Yok Mu delivered aid to Arakan Muslims

After The Coup Attempt, A Crackdown In Turkey

Kimse Yok Mu and Time to Help partnership for Kobani

CPJ report: Turkey world’s 10th most dangerous country for journalists

Malaysia Exposes Abductions By Erdoğan’s Long Arm In Asia

Turkey’s Gulen crackdown hits Canada

President emphasizes importance of domestic peace for development

Copyright 2026 Hizmet News