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

US Rep. Scott: Gülen movement cannot be designated as “terrorist organization”

Congressman David Scott, representing Georgia’s 13th congressional district, has said that Gülen movement cannot and should not be designated as a “terrorist organization” while expressing his concerns over President Recep Tayyip Erdoğan’s including the movement on the list of “Turkish terrorist organizations.”

In Blow to Erdogan, Turkish Court Halts Closing of Schools Tied to His Rival

In a blow to the government, Turkey’s highest court has overturned a law that would have closed thousands of preparatory schools linked to an influential Muslim cleric and rival of President Recep Tayyip Erdogan.

Benin seeks development with investments of Turkish enterprises

In an exclusive interview with Today’s Zaman, Benin’s Minister of Foreign Affairs Nassirou Bako-Arifari said the purpose of his recent visit to Turkey was to strengthen cooperation between the countries and to seek the benefits of the wide expansion of investments of Turkish enterprises. Highlighting the fact that Turkish businesses have global operations and develop […]

All colors gather in Turkey to pay last tributes to Vatican official Msgr. Marovitch

Zaman Newspaper  March 24, 2012 A former Vatican diplomatic official in Turkey, Msgr. Georges Marovitch who lost his life in a hospital at the age of 81 were buried after funeral ceremony held in İstanbul’s St. Esprit Church on Saturday. Msgr. Marovitch passed away the other day as he suffered from a multiple organ failure […]

Tension should be reduced

Both sides [Hizmet movement and the AK Party government] see this rift as a matter of life and death. If you are in a struggle for existence, you do your best to attack the other side, but by doing so, you make mistakes, damage yourself and the other side.

Land of Private high school declared green space

The İstanbul Metropolitan Municipality (İBB) recently declared a piece of land on which a private high school had been being built to be a green space. The high school is a branch of Fatih Koleji, a private institution affiliated with the Hizmet movement inspired by Islamic scholar Fethullah Gülen.

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

Nigerian education minister says Nigeria indebted to Turkish schools

Why Biden must stop Erdogan’s abuse of counterterrorism rhetoric

Erdogan’s parallel state in Kosovo functions despite PM Haradinaj

Al Gore’s daughter fasted for the first time for Peace Islands Institute’s iftar dinner

Turkish Imam: Enjoy the properties of Gulen Movement as ‘spoils’

Austrian President Fischer receives Turkish Language Olympiads team

Silencing Taraf daily

Copyright 2026 Hizmet News