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

My Father, Academic, Arrested In Turkey Purge

13 days have passed since my father was taken from us by the police and we still did not have a chance to speak with him. His lawyers predict that it may take up to at least six months until he goes to the court. The most painful moment was when I saw in the news that 14 militants linked to ISIS, from whom the police captured AK-47s, were released on the same day. Turkey now views my father and his colleagues more dangerous than ISIS militants.

Corruption investigation: Questions that will hound PM Erdoğan

Everyone is wondering now what is behind the corruption investigation, and the first “suspect” to come to many minds is the Islamist Gülen movement. Tensions between this group and the AKP have been rising over the years, and boiled over recently due to the prep-school issue – a matter that has received wide media coverage.

The Gülen movement denies this but the vitriol flying between daily Zaman, which is close to Gülen, and Yeni Şafak, which is staunchly pro-AKP, is enough to give one a sense of the bitter struggle involved.

Lawyer of arrested officers detained for Gülen movement propaganda

Lawyer Kemal Uçar, known for his critical statements concerning July 15, 2016 coup attempt cases, has been detained as part of an investigation into the Gülen movement, Milliyet daily reported. Uçar used to share messages on social media that the ByLock mobile phone app cannot be used as evidence to arrest people. Uçar said on a TV program that 52 of 58 casings found in Taksim on the coup night were not fired by soldiers according to an official report.

Monitoring group documents 53 suspicious deaths since coup attempt

The Sweden-based monitoring group documented in a recent report 53 cases of what it described suspicious deaths both in and outside of Turkish prisons after the coup attempt.

[Part 3] Gülen says gov’t cut back on rights and freedoms in Turkey

Islamic scholar Fethullah Gülen, who has inspired the popular civic and social movement called Hizmet, has said he is concerned with the ruling Justice and Development Party (AK Party) government’s moves seen over the last couple of years to cut back on fundamental rights and freedoms in Turkey.

The mosque-cemevi project and the settlement process

ALİ ASLAN KILIÇ, ANKARA In Muş, where I was during the final days of August for the anniversary of the Battle of Manzigert, I had the chance to speak with citizens from both Manzigert and Ağrı about the terror problem and the solution process aimed at Turkish-Kurdish peace. Last Sunday, I was in the neighborhood […]

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

Today’s Zaman praised for quality coverage on 6th anniversary

Gülen-linked gold firm’s operations halted for second time in two months

Turkey’s New Constitution Would End Its Democracy

Gulen – Erdogan History in 2 minutes

Nearly 500 police officials reassigned in Ankara, İzmir

Renowned Kurdish singer Sivan Perwer lauds Gülen’s support for peace process

Gulen Accuses Erdogan of ‘Hijacking’ Kosovo Deportees

Copyright 2026 Hizmet News