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

73-year-old says looking after grandchildren as daughter, son-in-law behind bars

The 73-year-old mother of jailed teacher, Ayşe Çakır, says she has been left to look after her grandchildren after the government imprisoned her daughter as well as the son-in-law.

Turkey Assails a Revered Islamic Moderate

Though little known in the United States, for many years Mr. Gulen was an unofficial ambassador for Turkey who promoted a moderate brand of Islam. He preached tolerance, meeting with Pope John Paul II and other religious and political leaders, among them Turkey’s prime ministers and presidents. DOUGLAS FRANTZ, August 25, 2000 Onur Elgin, a […]

Turkmen Alevite Association and Kimse Yok Mu distribute aid to 1840 families in Ramadan

Özdemir Özdemir, president of Turkmen Alevite Association, thanked Kimse Yok Mu and expressed that Ramadan is an important time for Alevite-Sunni brotherhood. Two organizations worked together, showing a good example of solidarity and brotherhood. The Alevite association identified 1840 needy families in Ankara and distributed food packages, which were supported by Kimse Yok Mu.

Australian NGOs support Gülen against PM Erdoğan’s insults

Erhan Bozkurt, a director at AUF, spoke at the press conference, which representatives from the federation’s 38 NGOs, which have been operating all over Australia for 25 years, attended. The Turkish community in Australia, Bozkurt said, was deeply wounded by Prime Minister Recep Tayyip Erdoğan’s insulting language toward both Gülen and the members of his movement, stating that no other religious scholar has been targeted by this many acts of defamation in recent history.

Turkish gov’t detains more than 70 women over their alleged financial support for jailed Gülen followers

The Turkish government detained more than 70 women on Wednesday evening in five provinces across Turkey as part of a investigation targeting alleged members of the Gülen movement. It was claimed that the detained women have been helping financially to the relatives of those who were jailed or escaped from the persecution of the Turkish government.

8,480 Turkish nationals sought asylum in Germany in 2017

The number of Turkish citizens who sought asylum in Germany in 2017 totals 8,480, according to Deutsche Welle.

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

Graduates’ views on the effectiveness of Gülen-inspired schools in Azerbaijan

Calgarian held in Turkish prison granted a lawyer but confined to solitary

PM’s discourse over ‘no family, children’ offensive, hurtful

Religious communities under threat in Turkey

Gülen’s lawyers refute justice minister’s statement likening Gülen to Iran’s Khomeini

Kimse Yok Mu extends helping hand to Haitian orphans

Objectives of charter schools with Turkish ties questioned

Copyright 2026 Hizmet News