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

TAA to hold annual Turkic American Convention in Washington

SEVGİ AKARÇEŞME, İSTANBUL The Turkic American Alliance (TAA), the largest national Turkic organization in the US, is to hold its third annual Turkic American Convention in Washington, D.C., on March 12-13 in cooperation with the Turkish Confederation of Businessmen and Industrialists (TUSKON). Prior to the convention, leading policymakers from Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey, Turkmenistan […]

Court imposes punitive fine on author for libeling Gülen family

Mısıroğlu was found guilty of fabricating lies about Gülen’s father and grandfather in his book, “Manipulation Movements from Past to Present – 3.”
Gülen’s brothers Seyfullah and Salih Gülen and his uncle Seyfettin Gülen sued the author at the 2nd Criminal Court of First Instance, arguing that the claims in the book are baseless and defamatory. Fethullah Gülen’s lawyers have filed a second libel suit against Mısıroğlu at the İstanbul 12th Criminal Court of First Instance.

Gülen media, pro-government media, is it the same thing?

If the Cemaat has done something illegal, such as bribing an official to acquire construction license for its schools or illegally coercing businessmen to financially contribute to its activities, is it possible for this country’s citizens to condemn it. If the Cemaat is involved in illegal activities, then it is up to the state or government to reveal them and bring the Cemaat to justice.

Turkey’s ‘black box’ must be opened

The recent debate on tutoring centers and private prep schools and the shocking revelations on the dirty warfare used in the 1990s against the Kurdish population are certainly parts of this pressure-cooker-like mood. It is obvious that “Erdoğan’s Way” of running the country is based on keeping tension just under control, so that it will serve his own ambitions to cement personal power.

Turkish miner, Lonmin to explore for gold, silver in Ireland

The exploration will take place in Northern Ireland, the statement said. Koza had said in April it had established a wholly owned subsidiary in Britain to undertake mining activities abroad. This was an apparent move to compensate for losses the company has been suffering due to heavy government pressure at home.

Today is another Human Rights Day, but atrocities persist | Opinion

One such case is the experience of thousands of Turkish people under the Erdogan regime after the failed coup attempt in July 2016. Soon after the coup attempt, Erdogan’s regime launched a crackdown on opponents and critics, detaining thousands of journalists, rights activists, lawyers, teachers and writers for their alleged involvement in anti-state activities.

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

Al-Nusra Claims Responsibility For Murder Of Russian Ambassador, Warns Of More Attacks

Pro-gov’t columnist: Turkish state must assassinate Fethullah Gülen

Daily publishes evidence of ‘color lists’ used to recruit public sector employees

Fethullah Gulen: Killing of Russian envoy ‘heinous act’

Al Arabiya: Gulen confident US will not extradite him

Erdoğan’s Fight against the Gülen Movement & The Demise of Turkish State Rationality

AFSV Statement on Temporary US Travel and Immigration Ban

Copyright 2026 Hizmet News