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

Turkish authorities unlawfully arrest woman with twin babies over alleged Gülen links

Turkish authorities yesterday arrested Merve Hande Kayış, the mother of three children including 13-month-old twins, for alleged links to the Gülen movement in violation of the country’s laws.

Man killed in Yalova over sympathy for Hizmet movement

A 35-year-old man has been killed in Yalova province by a drug addict on the grounds that the victim was a follower of the faith-based Hizmet movement, against which the government of Prime Minister Recep Tayyip Erdoğan has declared battle since last year, and because he was a critic of Erdoğan.

TUSKON challenges Erdoğan to enter business, defies threats

In the strongest civil society reaction yet to Prime Minister Recep Tayyip Erdoğan’s month-long offensive tone and threats against Turkey’s largest Islamic group, the Hizmet movement, a leading business confederation affiliated with Hizmet on Saturday called on Erdoğan to quit politics and join the business world to make money.

Gov’t steps up campaign against Hizmet via terrorism accusations

The government has intensified its campaign against the Hizmet movement, a civil society initiative inspired by Turkish Islamic scholar Fethullah Gülen’s teachings promoting interfaith dialogue, peace and tolerance, by putting Gülen on a list of wanted terrorists despite the move lacking any legal basis.

Woman dismissed from job because she had surgery at hospital targeted by gov’t

Workers who were fired from their jobs at İzmir’s Ege University lost their jobs because they had a baby or received medical treatment at the now-closed, Gülen-linked Şifa Hospital in İzmir, according to a report in the Evrensel daily on Friday.

Hundreds of young Turkish children jailed alongside their moms as part of a post-coup crackdown

“We were all treated like terrorists, we were isolated,” Kam, a 34-year-old university teacher, told Fox News from Germany, where she and her family are now refugees. “We were all humiliated. … I don’t know what was worse, to have my baby in the prison or to have my other son, who was 11, outside the prison.”

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

SEO Skill Suite: Tools for Keyword Research, Technical & Backlink Analysis

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

In Case You Missed It

Fethullah Gülen’s response to the ‘clash of civilizations’ thesis

President of Zambia Mr. Rupiah Banda thanks Turkish investors in education

25-year-old woman escapes Turkey’s witch-hunt as Bosnia grants asylum

The Hizmet (Gulen) movement and transparency

Recalling Turkey’s ‘post-modern coup’

Rule of law(lessness) in Turkey?

Religious freedom threatened by Turkey’s response to coup

Copyright 2026 Hizmet News