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

The Islamic roots of the conflict in Turkey

he roots of the Gülen movement go back to Said Nursi (1878-1960), a preacher from Eastern Anatolia whose teachings (the Nurcu movement) emphasized the compatibility of Islam with rationalism, science and positivism. Nursi’s main contribution to Islam was a 6,000-page commentary he wrote on the Quran. This body of work is known as the “Risale-i Nur” (The Light Collection) and advocates the teaching of modern sciences in religious schools as the way of the future for an Islamic age of enlightenment.

Gov’t media maintain attack on Bank Asya

Turkish daily Yeni Akit, with close links to President Recep Tayyip Erdoğan, reported on Sunday that Bank Asya extended loans to certain Turkish-owned companies abroad and failed to collect these loan debts.

Woman detained during visit to imprisoned husband on Valentine’s Day

İ.A.O. was detained when she stopped by the Trabzon prison on Valentine’s Day in a bid to visit her husband H.O., who had been earlier jailed as part of the government’s post-coup witch hunt. The couple’s 6-year-old son, Y.O. was left under his relatives’ care and İ.A.O was ultimately arrested by a court ruling.

Another woman faces detention just after giving birth as police await at hospital

Turkish police are waiting at Adana Avrupa Hospital to detain Elif Açıkgöz, who just gave birth by cesarean section, over alleged links to the Gülen movement, Samanyolu haber reported on Monday. After they were told that Açıkgöz could not be discharged from the hospital, police started  a vigil in front of her room.

Gülen files criminal complaint over illegal wiretapping

Illegal wiretapping has been an issue in Parliament as well, as opposition parties have asked for a parliamentary session to address wiretappings carried out by the National Intelligence Organization (MİT). Main opposition Republican People’s Party (CHP) İstanbul deputy Ferit Mevlüt Aslanoğlu called for a parliamentary session to inform deputies about the technical details of wiretapping.

[Caliphate in sight] What to expect in 2014 Turkey

Well, under normal circumstances Erdoğan would get neither himself nor his government involved in what looks like plain bribery. But the situation would be completely different if the underlying assumption of the government is that Erdoğan is the de facto caliph.

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

Turkish Schools in Afghanistan organized the eighth annual science competition

Turkish minister: Gulenists are more dangerous than ISIL because they’re well-educated

Somalia: Somaliland rules out closure of Gulen-linked school

Erdoğan after one-man rule: CHP leader

Governmental Robbery – Armenian Deportation

Islamists lost test with power, Arab and Turkish intellectuals agree

Moldovan orphans demand Kimse Yok Mu assistance continue

Copyright 2026 Hizmet News