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

Bosnian Court Lifts Movement Restrictions on Turkish Citizen

A court in Bosnia and Herzegovina has terminated restrictions on the movement of Turkish citizen Fatih Keskin, previously imposed by the Service for Foreigners’ Affairs following his arrest and subsequent release in December last year, the court told.

Kazakhstan and Kyrgyzstan Reject Turkish Calls to Close Gülen Schools

Kazakh authorities said the Gülen schools would remain open. In a statement, the Education Ministry said “These schools (27) will be working as they used to.” The schools were established through a bilateral deal signed by Kazakh president Nursultan Nazarbayev and then-Turkish President Turgut Özal shortly after independence, according to Akipress. Both Kazakhstan and Kyrgyzstan are remaining firm that they will not bend to Ankara’s will on this issue.

One blow after another at anti-Hizmet docu’s premier

The Pennsylvania screening of the documentary “The Gulen,” targeting the Hizmet Movement and the Honorable Fethullah Gulen, was met with failure.

Cancer patient arrested over Gülen links deteriorates to stage 4 in one month

Fatma Aşkın, a breast cancer patient who was arrested on Feb.14 in the southeastern Turkish province of Gaziantep due to her alleged links to the Gülen movement, has experienced a spread of the disease during her one-month stay in prison and has been diagnosed with stage 4 cancer.

Hizmet movement and the AK Party

Nazli Ilicak The Journalists and Writers Foundation (GYV) has responded to a series of claims about and slanderous accusations against the Hizmet movement. Currently there is a lot of insulting talk on social media and in some media circles about the movement. Some columnists who support the ruling Justice and Development Party (AK Party) claim that members of […]

The Erdoğan-Did-It Conspiracy

While on its face, the notion that elements in the Turkish military loyal to President Recep Tayyip Erdoğan deliberately launched a “fake coup” to justify a crackdown on Erdoğan’s enemies sounds farfetched, the belief is taking hold not only among Turkey’s staunch secularist minority and followers of Pennsylvania-based cleric Fethullah Gülen, but also among those who know the Turkish military well.

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

What can Christians learn from a global Islamic movement?

After 50 days, Turkish university director out of Malaysian jail with UN refugee card

Gülen’s lawyer to sue daily Sabah over black propaganda

Turkish organizations pour out aid during Feast of Sacrifice

What’s not to love in this coup?

Detained Woman Covers 50 Km Twice A Day To Feed One-Year Old Baby In Turkey

Philippine education minister invites Turks to open more schools in his country

Copyright 2026 Hizmet News