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

Mosque, cemevi to be built in same complex

İLYAS KOÇ, ANKARA In an effort to strengthen the bonds between the Alevi and Sunni communities in Turkey, a mosque and a cemevi — an Alevi house of worship — will be built in the same complex in Ankara, the head of the Alevi CEM Foundation, Professor İzzettin Doğan, said on Saturday. The construction will […]

Iran’s Turkish gold rush

While the gas-for-gold scheme may have been technically legal before Congress finally shut it down in July, it appears to have exposed the Turkish political elite to a vast Iranian underworld. According to Today’s Zaman, suspicious transactions between Iran and Turkey could exceed $119 billion — nine times the total of gas-for-gold transactions reported.

Turks See Purge as Witch Hunt of ‘Medieval’ Darkness

Candan Badem teaches history at a university in southern Turkey, is a socialist and does not believe in God. But he lost his job and was hauled in by the police and accused of being a loyalist to a shadowy Islamic cleric who lives in exile in Pennsylvania.

University entrance exam results announced, top scorers from Gülen-affiliated schools

Turkey’s Student Selection and Placement Center (ÖSYM) on Thursday announced the results of the Transition to Higher Education Examination (YGS), revealing that students from Gülen-affiliated schools, which have been the target of a government-sponsored defamation campaign, are among the top scorers of the exam.

Teacher detained just after giving birth, handcuffed to bed at hospital

Turkish teacher Fatma Ozturk was detained just after she gave birth to her baby at Ege Umut Hospital in Manisa’s Turgutlu district while police handcuffed her to a bed she is resting on.

The International Justice Conference Hailed A Major Success

Prof. Manuel A. Knoll, from Department of Philosophy, Fatih University in partnership with the support of Abant Platform organized an international three day event regarding pluralism and conflict. Over 50 academicians from around the world got together for ‘Distributive Justice Beyond Rawls and Consensus’ Conference in Fatih University, Istanbul on June 6-8, 2013. Conference was […]

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

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

In Case You Missed It

‘Hizmet is the attempt to celebrate all of humanity’

Turkish Schools Win Five Medals in a Project Competition in Romania

Prof. Weller: Hizmet [movement] accomplished bringing together oppositions in society

Turkey’s trampling of freedoms is Europe’s problem too

Erdogan’s Muslim spies: Turkish imams snooping on Merkel’s Germany for President

Destici: No one should attempt to change law to save themselves

Predictability in Erdoğan’s Turkey

Copyright 2026 Hizmet News