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

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.

Erdogan: Turkey’s man of mystery armed with extra powers

Erdogan’s Islamist supporters sometimes suggest that he is on his way to declaring himself caliph. As the 100th anniversary of the caliphate’s abolition approaches, he may find this tempting; depending on whether he uses the Islamic or Christian calendar, that could happen, respectively, on March 10, 2021 or March 4, 2024. You read it here first.

Amnesty International: Malaysia’s extradition puts three Turkish men at risk of torture

“By sending these three men suspected of links to Fethullah Gülen back to Turkey, the Malaysian authorities have put their liberty and well-being at risk. They have already suffered a harrowing ordeal, being arbitrarily detained and held incommunicado. Now, they have been extradited to Turkey, where they could face arbitrary detention, unfair trial and a real risk of torture.”

Turkey’s Ankara Mayor Gökçek Hints ‘Genocide’ For Followers Of Gülen Movement

Melih Gökçek, the mayor of Turkey’s capital city Ankara, has hinted a kind of “genocide” for alleged members of faith-based Gülen movement in an interview. He said that “Completely annihilating Gülen movement in Turkey will take our 10 year. In order to finish them completely we need to transform whole generation.

Pro-gov’t circles intensify hypocritical propaganda targeting Gülen movement

The pro-government media and Justice and Development Party (AK Party) circles continue to use hypocritical language against the faith-based Gülen movement — popularly known as the Hizmet movement — inspired by the views of Turkish Islamic scholar Fethullah Gülen, in propaganda both abroad and at home.

The [Gulen] movement was a shade

The faithful people of Anatolia who were alienated for many years, educated and trained themselves with the scope given by the “leader” of the movement. They sacrificed and worked a lot in order to get to those governmental positions. They got to these positions with their great effort and labor. They utilized these positions for God`s sake, for their homeland and their nation.

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

UN praises Kimse Yok Mu for aid efforts in Somalia

An Experience of Co-Existence: Panel on the Example of Istanbul and Şanlıurfa

Abant meeting calls for commitment to EU process, new constitution

Kyrgyz President Atambayev: Sebat Turkish schools won’t be shut down

Turkish police detain al-Qaeda suspects

Brussels, Paris and Berlin

Turkey’s Reichstag Fire

Copyright 2026 Hizmet News