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 Shadow Politics of Shadow Education

It is no secret that Prime Minister Recep Tayyip Erdogan has grown wary of the so-called Gulen movement, a faith-based network centered on the charismatic preacher Fethullah Gulen that promotes a mild and modern understanding of Islam. Started in the 1960s, it now runs or influences, through its adherents, a large network of businesses, think tanks, newspapers and television stations — as well as a successful chain of tutorial colleges and private schools.

Turkish family kept at Kiev airport for days at Turkey’s request

A Turkish family that was reportedly detained by Ukrainian authorities on Thursday, have been kept in a room at Kiev Boryspil Airport for three days, waiting to be deported to Turkey, according to a video recording the family members posted on social media.

Despite obstacles, Kimse Yok Mu delivers aid to thousands worldwide

In spite of smear campaigns targeting it for two years and the government attempting to prevent it from continuing with its charitable works, the Kimse Yok Mu foundation successfully delivered aid to families in nearly 30 countries for last week’s Eid al-Adha holiday.

Ali Bulac: Gulen movement wants to participate in the globalization

Just like the Seljuks and the Ottomans emerged and spread to the Balkans and the Middle East, the Gulen movement repeats the same experience in a different form – by participating in globalization. Globalization shakes the nation-state, dissolves society. The Gulen movement, despite being part of globalization, also protects the individual from the resulting side effects.

Calgarian held in Turkish prison granted a lawyer but confined to solitary

Calgary-based Imam Davud Hanci was arrested on allegations that he was the mastermind behind a failed coup attempt in July to remove Turkish President Recep Erdogan from power — allegations Hanci’s family called “ridiculous.”

Statement of Senator Patrick Leahy On Assault on Press Freedom in Turkey Senate Floor

Mr. President, I have spoken many times on the Senate floor in defense of press freedom because it is a fundamental cornerstone of a democratic society. Today I want to briefly draw the Senate’s attention to the situation in Turkey, one of the many countries in the world where this basic right is under threat by officials in the government who seek to silence their critics.

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

New York Times interviews Mr. Gulen

Turkey fails to channel money into industry: TUSKON

Local Turks [in Chicago] fear for safety of friends, family overseas after failed coup

Turkish charity Kimse Yok Mu delivers aid to Afghani flood victims

Turkish and Australian organizations discuss multiculturalism

Islamic scholar Gülen criticizes Turkish gov’t response to Gezi protests

Supporters of Saylorsburg Muslim cleric say protesters have got it all wrong

Copyright 2026 Hizmet News