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

Alevis demand equal citizenship, disappointed with the state

SEVGİ AKARÇEŞME, ABANT/TURKEY At the end of the three-day Abant Platform meeting on Alevi relations with Sunnis, one of the fragile fault lines of Turkish politics, Alevis raised their voices higher, demanding equal citizenship against the backdrop of several past and present disappointments with the state. The pursuit of the end of discrimination both at […]

Erdogan’s Private Youth Army

Initially, the youth branches will be formed in 1,500 mosques. But under the plan, 20,000 mosques will have youth branches by 2021, and finally 45,000 mosques will have them. Observers fear the youth branches may turn into Erdogan’s “mosque militia,” like the Nazi Party’s Hitler Youth organization in Germany.

The International Justice Conference Hailed A Major Success

Prof. Manuel A. Knoll, from Department of Philosophy, Fatih University in partnership with the support of Abant Platform organized an international three day event regarding pluralism and conflict. Over 50 academicians from around the world got together for ‘Distributive Justice Beyond Rawls and Consensus’ Conference in Fatih University, Istanbul on June 6-8, 2013. Conference was […]

Unscrupulous news reporting by Der Spiegel

ABDULLAH BOZKURT Der Spiegel’s recent article titled, “Dangerous Friends: Power Struggle Splits Turkish Ruling Party,” by Hasnain Kazim and Maximilian Popp, is perhaps the best example of the way in which Der Spiegel misrepresents and unfairly presents the magazine’s biased view of the Gülen movement in Turkey. This unscrupulous news piece may only pass as […]

Time For Gulen Movement To Leave Turkey?

Turkey is a hell for people inspired by teachings of cleric Fethullah Gulen, who is residing in rural Pennsylvania. Participants of the movement always say that their dream is way big to fit in the constraints of Turkey. Perhaps it is time to jump out of these constraints. At least for now.

Unimpressed by Turkish ‘parallel structure’ defense, MEPs approve critical report

A EP committee has approved a report on Turkey that criticizes the government’s handling of a corruption investigation, despite a last-minute letter from the Turkish government claiming that a set of controversial measures taken in the wake of the probe were designed to fight a “parallel structure” within the state.

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

Australian Relief Organisation Orphanage Refurbishment Project in Malawi

In Turkey today, mother who delivered baby yesterday detained

PBS airs story on Gulen Movement

Faiths come together at Ramadan fast-breaking in Welling and ‘send clear message’ to terrorists after London Bridge attack

Fethullah Gulen’s Statement on Devastating Bush Fires in Australia

Kimse Yok Mu aid delivered to the Afghan flood victims

Erdogan pushes further to replace Gülen schools in Africa to spread his ideology

Copyright 2026 Hizmet News