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

Theologians: Lies, slander and defamation is unislamic

Islamic theologians coming together in a workshop organized by the Journalists and Writers Foundation (GYV) have condemned recent allegations directed at the faith-based Hizmet movement by top government officials, stating that it is unislamic to engage in lies, slander and defamation.

Row between Turkish government and Gülen movement heats up with new document

The row between followers of the Islamic scholar Fethullah Gülen’s movement of and the Turkish government took another dimension after a daily revealed Nov. 28 that a decision from the National Security Council (MGK) recommending an action plan against the Gülen movement be signed by the government in 2004.

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.

Hundreds of thousands homeless as Turkey’s southeast lay in ruins

When the residents of Sirnak returned to the city last month after Turkish authorities lifted eight-month curfew during intense urban fighting between the Turkish security forces and Kurdish insurgents, they were shocked with what they saw: there was no home where they left.

Former US diplomat: War on Turkish schools in Africa ruining Turkey’s credibility

Former US Ambassador to Ethiopia and Adjunct Professor of International Relations David Shinn told Sunday’s Zaman in an exclusive interview that Turkey tends to lose its credibility when it asks African governments to close Turkish schools as African leaders traditionally put up resistance when they are told what to do by an “external power.”

Where is Turkey going? (2)

Gülen movement supports a critical approach as a fundamental aspect of knowledge and faith. Furthermore, it considers science and mathematics to be especially necessary to a devout Muslim fulfilling his religious and civil duties and to improve the economic situation of his family and community.

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

3 journalists detained after interview with jailed Gülen-linked businessman

Turkish businessmen’s helping hands reach out to Romanian flood victims

Erdogan: A saint elsewhere, outside Turkey’s shores?

Turkey: ‘Exclusion for all’ state

Keep Incirlik, Extradite Gülen?

Davud Hanci’s wife says Calgary imam detained in Turkey ‘a very peaceful man’

MHP deputy dismissed gang allegations against Hizmet Movement

Copyright 2026 Hizmet News