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

Celebrating Ramadan with Turkish asylum seekers

Haldun and his wife, Funda, fled Turkey about two years ago with their three daughters and are now seeking political asylum in the United States because if they go back to Turkey they face arrest and likely torture. Once a successful manufacturer of washing machine products, Haldun, Funda and their children are now a family without a country; their factory turned over to a government trustee, their passports taken away, and their property and belongings nationalized.

Zaman journalists defy threat of arrest with heads held high

Scattered across a newsroom producing Turkey’s largest-circulating newspaper, the Zaman daily, journalists from the Feza Media Group remain confident while waiting for police officers to come and handcuff them.

Arrested journalist Hidayet Karaca’s letter published in Le Monde

Arrested journalist Hidayet Karaca’s letter detailing the threats that the media in Turkey face was published by Le Monde, one of the leading newspapers in France, on Monday.

CHP submits parliamentary question on anti-Hizmet plot

The probe in question accuses the movement of working to overthrow the ruling Justice and Development Party (AK Party) government and possessing arms intended to be used to this end, among other fictitious and unsubstantiated claims.

A legal guidebook for ‘perception engineers’

The campaign to manipulate public perceptions of Fethullah Gülen and the Hizmet movement which is inspired by Gülen’s ideas is stepping up pace once again. The “wag-the-dog” strategy is wielded once again in an effort to distract public attention.

What would Carl Schmitt say about Turkish politics today?

The Hizmet movement has been identified as a “domestic enemy” collaborating with foreign forces and legal and political channels were used as a tool to deal with this “enemy” after the corruption scandal became public. Thousands of policemen were reassigned and the government has taken important steps to place the Supreme Board of Judges and Prosecutors (HSYK) under the control of the executive branch, which is totally at odds with rule of law.

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

International Panel for “Sharing Coexistence Experience” in Korea

SCF Reveals Mass Torture And Abuse In An Unofficial Detention Facility In Turkey’s Capital

Why so merciless on yourself?

Boston Globe: Fethullah Gulen, a US resident wanted by Turkey, must be protected

Erdogan’s Maarif Foundation To Contribute Radicalism, Exacerbate Muslim-Christian Tension In African Countries

Turkish school opens in northern Iraq, more schools in demand

Turkish imam in Copenhagen says embassy spied on 4 people, 14 schools

Copyright 2026 Hizmet News