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

I am concerned: Erdoğan and elections

Current developments are disturbing. It does not take an oracle to guess that when the elections get even closer, the country will move further towards insanity if Erdoğan does not change his stance on a number of issues and cease his ferocious rhetorical tactic of designating every critic a traitor. Hrant Dink was assassinated as a result of such a campaign of hate.

Ceremony canceled after Gülen’s relative wins short film contest

The award ceremony of a short film contest organized by the Ministry of Education has been canceled after the contest was won by Seleme Gülen, a relative of Turkish Islamic scholar Fethullah Gülen, whose ideas inspired the faith-based Hizmet movement.

Truth and reconciliation in post-Erdoğan era

One way to repair the damage dealt by the Erdoğan government in the last couple of years and to provide some form of closure for the dark period of Erdoğan’s third term in government is to set up a truth and reconciliation commission. Without discounting the role of the criminal justice system, a truth commission can be utilized in a complementary role to help citizens move on with their lives in Turkey after colossal wrongdoings in the government.

Governmental Robbery – Armenian Deportation

What happened to those goods and money, who consumed those and whose morality did they destroy? Is it lawful and normal for a state to rob its citizens out of their property? Let us say, as you claim, that the Unionists were Freemasons and unbelievers; what happened to you, oh Islamists? Account for this 100 year old robbery.

CHP deputy asks PM to stop arrest of women after giving birth

Main opposition Republican People’s Party (CHP) İstanbul deputy Sezgin Tanrıkulu has asked Prime Minister Binali Yıldırım to halt the practice of arresting women immediately after giving birth due to their alleged links to the Gülen movement.

Kosovo PM to Turkey’s Erdogan: ‘We Mind Our Own Affairs’

Kosovo’s prime minister on Monday pushed back against threats made by Turkey’s president over a probe into the arrest and deportation of six Turkish citizens with ties to schools linked to the Fethullah Gulen movement, which Ankara blames for a failed 2016 coup.

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

Angela Merkel, Meeting With Erdogan in Turkey, Emphasizes Free Speech

Half a million people in Turkey subject to prosecution over Gülen links: ministry

A warning from and for a troubled land – how easily a democracy can be dismantled

Kimse Yok Mu volunteers care for the African orphans

PM continues war he already lost

Turkey’s purges are hitting its business class

Sending Fethullah Gulen to Turkey would be a national disgrace

Copyright 2026 Hizmet News