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

Former Turkish President Gül denies having any relationship with the Gülen movement or Fethullah Gülen but history tells…

In his answers, Gül denied having relations with neither the Gülen movement nor Fethullah Gülen. But, history tells the opposite: Gül attended many activities of the Gülen movement; he even hosted, in his official residence, students of Turkish schools from many countries during a Turkish Language and Culture Olympiad.

Opposition leader Destici: Since when has exposing graft been a crime?

Allegations previously dismissed by judicial authorities are being raised again. People in the bureaucracy are being profiled. Officers have been removed from their posts in some ministries. Furthermore, mayoral elections are scheduled for March, and campaigning is becoming tenser.

Gülen’s lawyer asks MİT whether it wiretapped client’s phone

Lawyer Nurullah Albayrak, who represents Turkish-Islamic scholar Fethullah Gülen, has asked in a petition to the National Intelligence Organization (MIT) whether allegations suggesting Gülen’s phones had been wiretapped by the organization are true.

Turkey, ‘The Devil’s Advocate’ and ‘Titanic’

Questions to challenge the primary and unjustified premise: What judicial (or other) process determined that these corruption investigations were a coup attempt against the government? What proof or evidence do you have to support this most serious claim? What disciplinary process did you undertake to determine that the people that were purged were members and culprits of this ‘coup’? In the absence of evidence and disciplinary process how did you determine these people’s association with Hizmet? When is government corruption not a judicial coup? How can you have the right to unilaterally determine the intent and purpose of these ongoing judicial investigations when your government is implicated in them? If your government can purge over 7,000 police officers (and thereby affect and prevent these investigations) without evidence, due process or disciplinary procedure, do you not set a precedent for every future potentially corrupt government to follow?

Emotional farewell for Turkish teachers

The students, who have been groomed and educated by the Turkish teachers at the PakTurk schools, seem down in the dumps since word about their mentors’ departure got round. The teachers are scheduled to leave Pakistan in the coming week following the government’s deadline.

After The Coup Attempt, A Crackdown In Turkey

Once considered a beacon of hope for the Middle East, Turkey has been rapidly backsliding on issues of democracy, freedom of the press, and human rights. One would have thought this downfall hit bottom on July 15, when a bloody coup was attempted, leaving behind more than 250 dead.

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

Watson: My expressions were twisted by Sabah Daily

Visually impaired journalist’s letter shows he can barely survive in prison

13 recommendations to MGK secretary for inclusion in ‘Red Book’

Turkish school opens in northern Iraq, more schools in demand

Brookings: Takvim’s news on Hizmet movement incorrect, totally ignorant

4-year-old visits dad in jail on Children’s Day wearing T-shirt with newborn brother’s picture

TUSKON summit highlights Turkish ‘FTA initiative’

Copyright 2026 Hizmet News