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

Approval rate of Turkish schools abroad at 78 percent

Research company Veritas conducted a survey in July 2013 with 4,296 people in face-to-face interviews in 42 provinces in an effort to measure the approval rate of the Turkish Olympiads that are organized annually.
Accordingly, 67 percent of the respondents expressed a positive opinion of these language olympiads while only 8 percent expressed a negative view.

Communists in Cold War, reactionaries in Feb. 28 coup and Gülenists in Erdoğan era

It is useful to make a point here: Is it not true that some civil servants and officers, including prosecutors, judges, police officers, district governors and governors, are members of the Gülen movement? Of course it’s true. But is that a crime? No, it is not. People cannot be blamed for their beliefs, thoughts, identities or colors. They cannot be discriminated against because of such characteristics.

PM defends Zarrab, suspected of leading bribery ring

Prime Minister Recep Tayyip Erdoğan has praised Iranian businessman Reza Zarrab — who stands accused of being the ringleader of a shady money-laundering and gold-smuggling ring set up to dodge sanctions against Iran — for his contribution to the country’s economy.

No return from democracy, Zaman editor Dumanlı says under detention

Ekrem Dumanlı, the editor-in-chief of Turkey’s most circulated paper, the Zaman daily, emphasized his strong belief in democracy on the third day of his detention in an unprecedented government-backed police crackdown.

Turkey’s president orders closure of 1,000 private schools linked to Gülen

Turkey’s president has signed a decree that allows for the extension of the pre-charge detention period and the closure of institutions linked to Fethullah Gülen, the exiled cleric blamed for masterminding last weekend’s failed military coup.

Statement on Journalists Arrests

The raids on Turkey’s top selling newspaper Zaman and prominent TV organization STV are profoundly disturbing to all of us who value democracy, tolerance and the role of a free press in safeguarding both. Journalists who report about the suppression of human rights are not enemies of the state; rather they are documenting the actions of those who undermine the safeguards of a democratic Turkey.

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

President Erdoğan envies the Hizmet according to prominent columnist

Dialog High School wins top prize

Silencing Taraf daily

Gov’t keeps purging, dozens of police officials across Turkey have been removed

Outgoing chairman proudly admits Istanbul Bar Association refused to serve Gülen followers

Rainer Hermann interviews Fethullah Gulen – Do good and let it unfold

President Museveni supports Turkey’s reaching out to Africa

Copyright 2026 Hizmet News