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.
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Hizmet, politics and political parties
In the past, the Hizmet movement never formed alliances or got involved in an organic relationship with any political party. At the same time, it never ever demanded anything from political parties that strayed outside of the above-outlined principles, or was contrary to rights, the law, democracy, merit or the will of God. The Hizmet movement gains its strength from this fullness of heart and independence.
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