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

WikiLeaks reveals emails from the son-in-law of President Erdogan, ‘proving his connection to ISIS operation smuggling oil into Turkey’

WikiLeaks has released a tranche of more than 57,000 personal emails from the account of Turkey’s Minister of Oil Berat Albayrak, President Erdogan’s son-in-law. WikiLeaks alleges that the emails reveal ‘Albayrak’s involvement in organisations such as Powertrans, the company implicated in Isis oil imports’. The company has been implicated in oil imports from ISIS-controlled oil fields.

A Turkish couple spent their wedding day feeding 4,000 Syrian refugees

Hatice Avci, a spokesperson for aid organisation Kimse Yok Mu, told i100.co.uk that last Thursday the newlyweds donated the savings their families had put together for a party to share their wedding celebrations with the refugees living in and around the town of Kilis.

Retired ambassadors slam government orders over graft probe

“Will ambassadors tell their foreign colleagues that a corruption investigation started, which includes some members of the government, and that the government found the solution in changing a number of bodies such as the HSYK [Supreme Board of Judges and Prosecutors] and judicial police regulations?” asked former ambassador Deniz Bölükbaşı.

The Dutch Turkish community must speak out about the anti-Gülen violence

Labour MP Ahmed Marcouch calls on Turkish-Dutch organisations to speak out about violence and intimidation and to build bridges instead. There’s a silence and it’s hurting my ears. It’s the silence that surrounds the violence against the Gülen supporters. What happened to the organisations normally so quick to ask for protection against intolerance? Where are […]

CHP asks gov’t about file allegedly targeting TUSKON

Complaints over the past month from the Turkish Confederation of Businessmen and Industrialists (TUSKON) over increased political pressure and profiling of its members have now been conveyed to Parliament, with the CHP demanding a governmental explanation on the issue.

Turkey: A climate of fear; losers in the aftermath of the coup attempt

Turkey at large will lose as Erdoğan chooses the retaliatory path and purges relentlessly, splitting the country into supporters and adversaries. A climate of fear and indignation will envelop not only the many institutions that were hit hard, but Turkey in general, and the Middle East will suffer even further than it is already suffering.

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

Angela Merkel, Meeting With Erdogan in Turkey, Emphasizes Free Speech

Shut down schools, not tutoring facilities

Gov’t pins hope on division in Turkey as Erdoğan resorts to hateful speech

Albanian president to Erdoğan: Turkish schools pose no threat

Erdogan vows for genocide of Gulen sympathizers: “We will not give them the right to life!”

Gülen’s brother at risk of death in prison

Brussels, Paris and Berlin

Copyright 2026 Hizmet News