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

Turkey shies away from legal measures to provide equal opportunity in education

The recent move to close down prep schools that serve to significantly boost equal opportunity in education may be seen as yet another failure to promote equality on the part of a government which has not yet ratified a UNESCO agreement to end discrimination in education.

İstanbul Transportation Authority cancels bus line to Fatih University

Amid growing examples of discrimination against the Hizmet movement, the İstanbul Transportation Authority (İETT) canceled one bus line to Fatih University, which is considered to be affiliated with the Hizmet movement. An official from İETT, İsmihan Şimşek talked to Today’s Zaman and admitted that the 76F bus line had been canceled, but dismissed the idea that the decision deliberately targeted Fatih University. According to her, following analysis of demand for bus services in the region, the 76F bus line was discontinued while two other lines, HT18 and 418, continue to run with stops at Fatih University.

Hizmet, Erdoğan and the US

Today, the government resorts to irrational conspiracy theories in an effort to divert public attention from allegations of corruption. As a social movement that successfully promotes Turkey’s values in its schools in about 150 countries around the world, the Hizmet movement’s patriotism cannot be doubted

Kimse Yok Mu invited for consultation before UN summit

Turkey-based charity organization Kimse Yok Mu (Is Anyone There?), which has been a target of the Justice and Development Party (AK Party) government’s unjust smear campaigns, has now been invited to an exclusive meeting ahead of the UN’s World Humanitarian Summit.

Why does Öcalan need to approach the Gülen movement?

Emre Uslu The Turkish public has recently been discussing Kurdistan Workers’ Party (PKK) leader Abdullah Öcalan’s peace offer to the Gülen movement. Many observers saw this as a surprise step from Öcalan. Last week I had the chance to speak with both Kurdish politicians and followers of Gülen in the Southeast. Unlike widely believed rumors, […]

A Chat with Vonya Womack, a Human Rights Activist and Expert on Turkey and Its [Gulen Follower] Refugees

Following a recent coup attempt, more than 100,000 people were arrested and dismissed from their jobs in the Republic of Turkey. Turkey is also the world’s largest jailer of journalists; 300+ are now behind bars. Our guest is an expert on these and related matters — Vonya Womack

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

PM Erdoğan once defended Hizmet, said it was Feb. 28 [military coup] victim

Criminal complaint filed against prosecutor accusing Hizmet of being terrorist

Political cartoonist Aseem Trivedi raises voice against detention of women after delivery in Turkey’s hospitals

13 criteria Erdogan regime uses to determine Gulen supporters are terrorists

IFJ representative denied permission to visit journalist Karaca in prison

How come a 25 days old BABY could be a THREAT to the national security?

Gulen calls for new constitution in Turkey

Copyright 2026 Hizmet News