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

Cops vs. robbers [in Turkey]

The high-profile officials — whose involvement in bribery and corruption have been disclosed with much media coverage — and those who protect and abet them do not care about how they will be remembered by future generations. They do not feel ashamed about the positions they adopt, and they shamelessly proceed to give the impression of siding with “robbers” in the cops vs. robbers confrontation.

Turkey’s New Anti-Americanism (NY Times Editorial)

The Turks need to be reminded that Mr. Gulen has a legal right to be in the United States, and that the Justice Department would have to go through a rigorous process before deciding whether he could be handed over, especially to a country where due process is increasingly unlikely and torture is reportedly used against detainees.

Fethullah Gulen: Violence can not be a remedy for violence

BAHADIR BERK Interpreting the violent events in France for Aksiyon, Fethullah Gulen said: “Intelligence organizations should work in Turkey more sensitively. Violence should be suppressed even before it gets out of its slot. If you exhaust your power with delusions such as ‘It is possible that these will pose a threat in the future. Let […]

Turkey’s anti-Gulen crackdown continues with Yemeni students after Nigerians

Turkish authorities have deported 5 Yemeni students at official universities which the authorities have recently shut down for links with US-based Muslim cleric, Fethullah Gulen. Tens of Yemeni students in Turkey are facing the risk of deportation for being students at universities administered by Fethullah Gulen’s movement.

UN Human Rights: Turkey should promptly end its protracted state of emergency

Routine extensions of the state of emergency in Turkey have led to profound human rights violations against hundreds of thousands of people – from arbitrary deprivation of the right to work and to freedom of movement, to torture and other ill-treatment, arbitrary detentions and infringements of the rights to freedom of association and expression, according to a report* issued by the UN Human Rights Office on Tuesday.

President emphasizes importance of domestic peace for development

President Abdullah Gül has underlined the importance of domestic peace for Turkey to keep up its development, noting that the country should not waste its energy by focusing on “unnecessary rumors,” an almost open reference to Prime Minister Recep Tayyip Erdoğan’s defamation campaign targeting the Hizmet movement, a volunteer-based grassroots movement inspired by Islamic scholar Fethullah Gülen.

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

Writers, journalists gather to discuss media’s role in social cohesion

Alevi associations react against halt of mosque-cemevi project

Fethullah Gülen’s Message of Condemnation and Condolences on Murders in France

The story of the boy who cried wolf

Profiled lawyer files criminal complaint against MİT, MGK

Fethullah Gülen’s initiatives for peace to be discussed in Rotterdam

Abant Platform calls for ‘respect for sacred’ in Africa meeting

Copyright 2026 Hizmet News