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

Prominent businessman Akın İpek pledges huge support to Kimse Yok Mu

A huge support campaign has grown to back Kimse Yok Mu after the recent Cabinet decree which banned the charity’s ability to accept public donations without government approval. Koza İpek Holding Chairman Akın İpek has donated 1000 animals for Eid al-Adha, the Feast of the Sacrifice.

What to know about the group Erdogan is blaming for Turkey’s coup

Gülen’s movement presses for a moderate version of Sunni Islam that emphasizes tolerance and interfaith dialogue. The organization lacks any official hierarchy or structure, but followers have built up a network of think tanks, schools and publications in locations around the world.

A Turkish couple spent their wedding day feeding 4,000 Syrian refugees

Hatice Avci, a spokesperson for aid organisation Kimse Yok Mu, told i100.co.uk that last Thursday the newlyweds donated the savings their families had put together for a party to share their wedding celebrations with the refugees living in and around the town of Kilis.

Alleged Gülen sympathizers in prison banned from communication with outside world

The İstanbul Chief Public Prosecutor’s Office has prohibited individuals in Silivri Prison who are currently under arrest over their alleged links to the faith-based Gülen movement from communicating with the outside world during an ongoing state of emergency, the Sözcü daily reported on Monday.

Egypt Today’s interview with Fethullah Gülen, home sickness and fabricated coup

It seems that there is no one left to say “enough” to Erdogan, most of the people who tried to stop him before are now in jail, and if the opposition can’t find a way to defend the civilian and constitutional rights then it’s completely useless. Some of them used to ignore the regime’s injustice just because they weren’t targeted by its actions, but they didn’t know that it will get to them one day as well.

Two women detained during visit to jailed husbands

Two women, identified as H.T. and S.S., were detained when they went through security check before visiting their imprisoned husbands at a prison in Turkey’s Edirne province.

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

Gulen Accuses Erdogan of ‘Hijacking’ Kosovo Deportees

An American’s journey into a Hizmet school in Turkey

Turkey: Democracy in peril – A human rights report

‘Removal of Gülen’s books from NT shelves offends the public’

Georgia refuses refugee status to detained ‘Gülen school manager’

Understanding Fethullah Gülen (1)

Impartiality of the state, tragic events of 1915

Copyright 2026 Hizmet News