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

Albanian president to Erdoğan: Turkish schools pose no threat

In the latest round of a debate surrounding the Turkish schools in Albania, President Bujar Nishani dismissed Turkish President Recep Tayyip Erdoğan’s request to shut schools down because of their links to the faith-based Gülen movement, also known as the Hizmet movement.

Turkey dismisses another 330 academics, brings total to 7,316

A total of 330 academics were dismissed in a new government decree, issued on Tuesday, bringing the total number of academics who lost their jobs after a failed coup on July 15 to 7,316.

Tension at home hits Turkey’s brand overseas

ESİDEF President Mustafa Özkara said: “Top government officials, who during the Turkish Olympiads only six months ago called the Hizmet movement the ‘peace movement of the century,’ now define the same movement as a ‘parallel structure,’ a ‘gang,’ a ‘criminal organization’ and even Hashashins.

Fethullah Gulen’s opinion on Turkey today

“As the coup attempt unfolded, I fiercely denounced it and denied any involvement,” wrote Gulen, who has been living in self-exile in the US since 1999. “Furthermore, I said that anyone who participated in the putsch betrayed my ideals. Nevertheless, and without evidence, Erdogan immediately accused me of orchestrating it from 5,000 miles away.

Nigeria Gives 7-Day Ultimatum to Turkish Government to Release Over 50 Nigerian Students Held in Detention

The House of Representatives on Tuesday issued a seven-day ultimatum to Turkish Government to release over 50 Nigerian students being held in detention. The House called on the federal government to urgently deploy all diplomatic options to ensure their immediate release.

UK Parliament’s Foreign Affairs Committee Hearing on Gülen and the Hizmet Movement

The UK Parliament’s Foreign Affairs Committee is examining the bilateral relationship between the UK and Turkey, focusing on rights and freedoms as well as how Turkish foreign and security policies relate to those of the UK. The inquiry is ongoing.

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

Thousands in anti-corruption protests; Erdoğan defiant

Internship opportunities at Rumi Forum

Turkish IT Technician Found Dead While Fleeing To Greece

AK Party vs. Cemaat?

Police raid Gülen-inspired Samanyolu schools in Ankara

Islamic scholar Gülen’s poems turned into songs for international album

GYV hosts guests from Istanbul’s Armenian Patriarchate at Abraham’s table

Copyright 2026 Hizmet News