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

AK Party’s power poisoning

The AK Party is still committed to making its identity dominant and transforming the state; its attempt to eliminate the Hizmet movement from the bureaucracy and the judiciary without relying on any legal evidence is a good sign of this.

Almost 1,000 officers removed from post in İzmir, Ankara

Around 700 police officers, including four deputy chiefs and 70 high-ranking officials, were removed from their posts at the İzmir Police Department and reassigned to different positions on Thursday morning and removals continued later in the afternoon with 207 more officers

Response to aspersion on Hizmet

HÜSEYİN GÜLERCE The Journalists and Writers Foundation (GYV) made an important statement on Thursday. Its press release, issued in connection with the recent tension that threatens to disrupt social consensus, seeks to defuse tension with regards to the rift between the government and the Hizmet movement. “[T]he ways in which legitimate demands are voiced should […]

Texans experience Turkish culture by volunteering

After helping to distribute charity Kimse Yok Mu’s (Is Anybody There) Eid al-Adha care packages to families in Turkey, four Americans travelling across the country shared their satisfying experiences with local Turkish families.

Dutch police detain second Turkish man for threatening Erdoğan critics

Dutch police on Wednesday detained a second Turkish man, a supporter of President Recep Tayyip Erdoğan, on suspicion of death threats and hate speech made against Erdoğan critics in the Netherlands. Rotterdam police detained a 43-year-old Dutchman of Turkish descent who is suspected of having threatened critics of the Turkish president and backers of US-based Turkish Islamic scholar Fethullah Gülen.

Journalist: I was threatened over not supporting government

Seasoned journalist Cüneyt Özdemir has said he was threatened by two members of pro-government media outlets and pressured to jump on the bandwagon by lashing out at the Hizmet movement and hosting a commentator who Özdemir said is a staunch supporter of conspiracy theories.

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

SEO Skill Suite: Tools for Keyword Research, Technical & Backlink Analysis

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

In Case You Missed It

Thailand’s Lanna princess hails Turkish schools

HRW: 6 Turks taken from Kosovo to Turkey face risk of torture and abuse

Erdogan is transforming Turkey into a totalitarian prison

INTERPOL and U.S. reject baseless charges against US-based Turkish Islamic scholar Fethullah Gülen

Minister Çelik supports Gülen’s call for Alevi-Sunni brotherhood

Turkey’s top Muslim leader abhors terrorism

Turkish-Mongolian ties to reach new heights

Copyright 2026 Hizmet News