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

Police raid schools in Diyarbakır where locals go on strike in protest of recent gov’t practices

Police officers and inspectors carried out raids on a number of schools inspired by the faith-based Gülen movement as part of a government-led operation against the movement in southeastern province of Diyarbakır, where people have gone on strike in protest of the government’s recent practices in the province.

Princeton professor accuses Gulen of orchestrating Turkish coup, Harvard professor disagrees

Edward Owen, professor of Middle East history at Harvard, said that he did not believe in Reynold’s certainty of Gülen’s guilt. Owen added that when a person writes “alarmist pieces” like Reynolds’, the main audience for the pieces is Washington. “It is a way of calling attention to yourself, and I imagine that Professor Reynolds would like his name registered by the people in Washington as somebody to go to, to employ, when there is a change in administration in Washington,” Owen said.

Peace and prosperity for Turkey lies in philosophy of Nursi says Altan Tan

On one hand he is a devout Muslim, and former member of the conservative Welfare Party (Refah Partisi), which was thrown out of the government in 1997 after a military memorandum, commonly known as the February 28 post-modern coup. Equally important for Tan is his identity as a Kurdish political figure, seeking political rights for his people and an end to conflict between armed rebels and the state.

Turkish officers speak: Erdogan may have staged coup

So, if Erdogan’s narrative is flawed, what are the alternative theories? On the surface, much doesn’t add up. Now, several career Turkish military officers — none of whom are followers or supporters of Gülen — have compiled from open sources a lengthy report analyzing the coup. They have authorized me to share the Dropbox link where they have made it accessible.

Gülen’s solution to Kurdish issue discussed at panel

A solution to the Kurdish issue proposed by Turkish religious figure Fethullah Gülen has been discussed at a symposium in the southeastern province of Bingöl. Prof. Cengiz Yıldız spoke at the “Kurds from Ottoman to Today” symposium and gave a presentation describing a solution to the Kurdish issue as put forward by Gülen, daily Zaman […]

France sentences attacker targeting Gulenists as Turkey releases gunman in similar case

A 28-year-old man of Turkish origin has been handed down a prison sentence of eight months and a fine of 23,000 euros by a French court after he attacked several institutions affiliated with the faith-based Gülen movement in the country.

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

Gov’t steps up campaign against Hizmet via terrorism accusations

The engagement and integration to the larger society is very crucial for Muslims

Academic Freedom in Turkey Under Seige

Turkey coup attempt: Number of people detained passes 26,000 amid international concern over crackdown

KADİP’s 1st international photography contest held for peace

Afghan, Pakistani leaders praise Turkish schools at Ankara summit

Turkish schools dominate award ceremony in Bosnia and Herzegovina

Copyright 2026 Hizmet News