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 families cope with aftermath of failed coup

“Even if you get more civilian control, it’s not more democratic,” Lars Haugom, a Norwegian expert on Turkish army, said. “It seems to be about party control, with [Turkish President Recep Tayyip] Erdogan and the AKP seeking to strengthen their control of the military.” Ceren, a general’s daughter, fears there’s little left to stop the authoritarian Erdogan now. “No one can say no to him,” she said. “This is his kingdom now.”

Court wants up to 11 years for Samanyolu TV director

A prosecutor has filed charges against a director of Samanyolu TV accusing him of “insulting” and “slandering” Prime Minister Recep Tayyip Erdoğan and fomenting “grudges and hostility among the public,” demanding up to 11 years and two months in prison.

Medialog calls for law against hate speech and crime [in Turkey]

In a two-day conference on hate speech and hate crime organized by Medialog (a platform under Journalist and Writers Foundation) in İstanbul, leading journalists and academics urged the government to draft a law against defamation, blasphemy and discrimination while protecting the freedom of expression.

Six heads of organized crime unit dismissed as hundreds relocated in new police purges [just after an operation against al-Qaeda]

The new relocations come as two heads of anti-terror units who conducted an operation against al-Qaeda and raids against a local branch of the Humanitarian Relief Foundation (İHH) charity were dismissed on Jan. 14.

Suspicious Deaths And Suicides On The Rise In Turkey With 54 People In Last 8 Months

Against the background of massive crackdown on critics and opponents in Turkey and widespread torture practices in detentions and prisons, 54 people were reported to have lost their lives, most under suspicious circumstances and under lock-up in the last eight months.

Fethullah Gulen on ‘GPS’: Failed Turkey coup looked ‘like a Hollywood movie’

“I have always been against coups, and I cursed them,” he said. “I would curse people who resort to coups against democracy, liberty, republic.” Gulen said returning to Turkey would only complicate matters. Asked if he had a message for Erdogan, Gulen said: “I only pray that he would not go to the presence of God with all these sins he committed.”

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

Nigerian Turkish Foundation donates educational materials to Lagos schools

Kimse Yok Mu’s permanent assistance continues in the Philippines

Pro-Erdoğan journalist: Gülen followers should be kept in detention camps, given food tickets

Rumi Forum bestows Peace and Dialogue Awards

Is the Gulen Movement an alternative to the state?

Building bridges while breaking bread: Norfolk temple holds interfaith Ramadan meal

Faith Communities and Home-Grown Extremism

Copyright 2026 Hizmet News