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

Erdoğan and Gülen: The Marriage of Convenience

Religiously, the Gülen Movement both reflects the long tradition of Turkish Sufi brotherhoods, and Gülen’s own emphasis on societal change through education, humanitarian activism, and interfaith dialogue. Gülen never sympathized with, or adopted, the AKP’s more conservative form of political Islam.

TUSKON storm

When Meral said: “Politics is a platform where you serve the people. It is not the place to make money or build a fortune,” thousands of businessmen listening to his speech stood up and enthusiastically applauded.

Land of Private high school declared green space

The İstanbul Metropolitan Municipality (İBB) recently declared a piece of land on which a private high school had been being built to be a green space. The high school is a branch of Fatih Koleji, a private institution affiliated with the Hizmet movement inspired by Islamic scholar Fethullah Gülen.

Victims of forced disappearance in Turkey

On this ‘International day of the victims of enforced disappearances’ (August 30), let’s raise our voices for the missing people of Turkey. In the aftermath of the coup attempt last year, at least thirteen people have been abducted allegedly by elements linked to the Turkish government as part of an intimidation campaign targeting critics and opponents of Turkey’s president.

Turkish Gov’t Seizes 965 Gülen Movement Affiliated Firms With $11.3 Billion Worth

Turkish Deputy PM Nurettin Canikli said on Friday that the Turkish government has seized 965 companies which were affiliated to the Gülen movement. The value of assets belonging to companies seized by the Turkish state during the ongoing state of emergency is also announced as nearly 41 billion Turkish Liras, around $11.3 billion.

Leaked photo shows 11 hijabi women, 2 babies in Bursa prison on terror, coup charges

The women are accused of having a membership in the Gülen movement, accused by the Turkish authorities to mastermind a coup attempt on July 15, 2016. The movement denies any involvement.

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

‘A movement like the Hizmet Movement is very important for correcting misconceptions of Islam’

70-year-old intending Hajj pilgrim detained on coup charges at airport

JWF organized a side-event at UN in Geneva

Book Review: A Hizmet Approach to Rooting out Violent Extremism

Questions for the government regarding prep school closure

Kimse Yok Mu lends helping hand to 3,000 orphans in 4 countries

Benin seeks development with investments of Turkish enterprises

Copyright 2026 Hizmet News