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

Turkey’s leading prep school network rejects claims it cheated on state exams

Turkey’s leading prep school network has categorically rejected allegations that its teachers were involved in mass cheating, describing pro-government circles’ latest claim an attempt to “defame” and abolish public service state exams.

US Unlikely to ‘Speed Up’ Gulen’s Extradition to Turkey

Turkey has formally requested that the U.S. government extradite Turkish cleric Fethullah Gulen from the state of Pennsylvania where he has lived in self-imposed exile for 17 years. Turkey is pushing for quick extradition, suggesting that U.S.-Turkish relations are at stake. But the burden of proof rests squarely on Ankara, and if it cannot sufficiently prove its accusations against Gulen, the extradition request will be refused.

Erdoğan’s requests to shut down Turkish schools abroad perceived as patronizing

On the latest stop of his world tour to disparage Turkish schools abroad, President Recep Tayyip Erdoğan asked Albanians to shut down schools that boast scores of Albanian alumni, accusing the institutions of being part of a terrorist organization.

No secularism or democracy without religious freedom

The gentleman gently said: “However, dear Mr. Alpay, it was clear from the beginning that the AKP had a hidden agenda. But pundits like yourself conveyed a highly positive picture of the AKP government both at home and abroad. You have a responsibility in the situation we find ourselves today.”

Profiled lawyer files criminal complaint against MİT, MGK

Taraf began publishing a string of confidential documents suggesting that the Justice and Development Party (AK Party) government and MİT had collected information on a large number of individuals through 2013 at the request of the MGK. The targets were reportedly members of the Hizmet movement, a faith-based community inspired by Turkish Islamic scholar Fethullah Gülen.

GYV gathers politicians, diplomats at iftar dinner in Turkish capital

“Ramadan is a time of compassion and mercy. In these blessed days, when patience and tolerance prevail, we once more remember love, peace, modesty, cooperation and living for others,” Gülen’s message said.

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

Turkish family detained in Qatar as Erdogan steps up crackdown on Gulenists abroad

Government circular bans Gülen followers from collecting sacrificed animal skins

Kimse Yok Mu delivers humanitarian assistance to Yazidis, Turkmens

Türksat removes Zaman, 3 others from ad list

Half a million people in Turkey subject to prosecution over Gülen links: ministry

Erdoğan steps up hateful speech against Gülen

Erdogan’s Hate Speech against the Gulen Movement

Copyright 2026 Hizmet News