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

Fethullah Gülen: President Erdogan is suffering from power poisoning

Mr. Erdogan’s witch-hunt in Turkey accelerated with the globalization of the Hizmet movement. When he closed the doors to activities such as language and culture festivals, other countries welcomed them. When Mr. Erdogan urged Turkish ambassadors to lobby their respective foreign governments to help close down schools started by Hizmet participants, those governments refused to go along.

Dismissed after coup attempt, teacher detained during visit to imprisoned relative

Malatya teacher C.K., earlier dismissed from his/her post as part of the government’s post-coup purge, was taken into custody during a visit to his/her jailed relative on Saturday.

Turks Fleeing a Crackdown Find Haven in Albania

Dozens of Turks at risk at home from their affiliation with the man accused of mounting a failed coup against President Recep Tayyip Erdogan have found haven in Albania. But ‘brotherly’ ties between Ankara and Tirana keep them on their toes.

Turkish students win most awards at int’l math contest

Students from Turkish schools who competed at the American Mathematics Contest-8 (AMC-8) won the most awards this year, the 26th year of the competition. Turkey’s private school Coşkun Kolej won 18 gold medals — awarded to those with a perfect score. Burç School’s Florya Branch won 13 gold medals, while Bilecik Özel Sevgi Çiçeği Elementary […]

Reassignments — new mobbing on massive scale by gov’t to silence dissent

According to commentators, the governing Justice and Development Party (AK Party), through these reassignments, is not only putting pressure on those carrying out the graft probes but also sending a message to its critics in state positions that their fate will be no different from that of their reassigned colleagues if they do not desist from their criticism of the government.

Turkey’s Gulen movement sees a smear campaign

ATUL ANEJA, April 26, 2012 As the endgame in Turkey’s transition to a mature democracy nears, media attacks have sharpened against the Gulen movement — a mass mobilisation vehicle that has, over the years, openly and peacefully challenged the concentration of privileges among the country’s military-backed old guard. Simultaneously, the movement has offered a socio-political […]

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

ECtHR Asks Turkish Gov’t For Explanation Over The Case Of Abducted Lawyer

Gülen’s solution to Kurdish issue discussed at panel

Gülen urges Hizmet members to defend prep schools in civilized way

Turkish Cultural Center holds friendship dinner

NBA star Enes Kanter on faith, basketball and political activism

Erdogan’s endless legitimacy crisis

Wealthy businessmen spent time with Kurdish poor and Syrian refugees during Eid al-Adha

Copyright 2026 Hizmet News