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.
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Mustafa Akyol There was an interesting story in the Daily News last week, about the cancelling of a Yuval Ron concert in Istanbul. Mr. Ron, an award-wining Israeli musician, was supposed to play his tunes in a Sultanahmet hall, but the event was cancelled at the last minute due to protests, and, allegedly, some “threats.” […]
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Publicly traded Bank Asya roundly denied the ‘baseless rumors’ about its financial status via the Public Disclosure Platform (KAP). “There have been baseless smear and defamation campaign widely circulating in some press organizations and social media sites” read the statement. “Our bank will apply to the authorities to protect our legal rights in the face […]
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Unfortunately, the Hizmet Movement as one of the leading civilian movements contributing to intercultural dialogue and peace in the world has been labeled as one of the players to destabilize Turkey by the pro-government press too.
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