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

27th Abant Final Declaration on Democratization of Turkey

Democratization 1- Turkey’s culture is at present characterized by a susceptibility to in-group / out-group tension, the effects of which impede democratization. Authoritarianism and patriarchal hierarchy are aspects of group culture that are reflected at the family level and scaled up to the political level as majoritarian democracy and internally undemocratic institutions. Two basic institutions […]

Is it struggle between AK Party and Hizmet?

A prosecutor, Mr. Sadrettin Sarikaya, recently invited head of Turkish Intelligence Agency (MIT) for testimony that caused political controversy. Many journalists and politicians claimed that behind this was Fethullah Gulen. Mr Sarikaya’s accusation was that some intelligence agents that infiltrated the Kurdish terrorist group to provide intelligence were actually not performing their job, and moreover […]

‘I wanted to die during torture’ – teacher speaks on 2016 coup arrest

A report titled Mass Torture and Ill-Treatment in Turkey which was published in June 2017 by the Sweden-based Stockholm Center for Freedom (SCF), declared that the torture, abuse, and ill-treatment of detainees and prisoners in Turkey have become the norm rather than the exception.

Turks Fleeing To Greece Find Mostly Warm Welcome, Despite History

Now, at least 1,000 Turkish citizens are seeking refuge in Greece, according to the refugee support nonprofit SolidarityNOW. It’s hard to pin down an exact number because not many have applied for asylum, says Antonis Spathis, a human rights lawyer in Thessaloniki. The Greek Asylum Service told NPR that 186 Turkish citizens applied for asylum in 2016 and noted there has been a “significant” increase in 2017.

Gülen’s relatives dismayed over smear campaign against Islamic scholar

Dismayed, if not surprised, by the unabated smear campaign against distinguished Turkish Islamic scholar Fethullah Gülen, the scholar’s relatives have expressed their disappointment and anxiety over the endless accusations and slander against Gülen.

Headlines or weapons of mass destruction?

Despite the fact that there is no evidence for parallel state structure accusations, the pro-government media has acted as a propaganda machine to demonize the Hizmet movement through smear campaigns.

Latest News

Fix Your MacBook Microphone Issues

Fixing MacBook Microphone Issues: A Comprehensive Guide

Essential Data Science and AI/ML Skills Suite

Essential Security Skills for Today’s Digital World

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

Mastering DevOps Skills Suite: Streamline Your Workflow

Mastering E-Commerce Skills: Boost Your Retail Performance

SEO Skill Suite: Tools for Keyword Research, Technical & Backlink Analysis

E-commerce Tools for Optimal Product Management

In Case You Missed It

Turkey seeks three consecutive life sentences for Zaman journalists on coup charges

Mr. Gulen is trying to interpret the broad humanistic principles of the Qur’an for the modern world

First Lego League qualifier at Brooklyn Amity School

The Gülen movement as the victim of an orchestrated smear campaign

I object to AK Party’s ‘New Turkey’ (2)

Gülen’s defense against Erdoğan’s onslaught

Operation against the Hizmet movement soon!

Copyright 2026 Hizmet News