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

Return to Turkey or lose citizenship, gov’t tells Gülen followers

The Justice and Development Party (AKP) will revoke the citizenship of followers of the faith-based Gülen movement who sought refuge abroad due to a government crackdown on alleged movement sympathizers if they do not return to Turkey within a certain period of time, the pro-government Sabah daily reported on Thursday.

Neither conservative nor democrat

Media campaigns, accusations and the prime minister’s statements about the leader of the movement are of unprecedented scale in Turkey. Filing records on sympathizers of the Gülen movement, removing them from public offices they happen to occupy, attacking its financial institutions; none of this has ever been seen in the past regarding Islamic movements.

Jailed teacher dies of cancer in Turkish prison

One more Turkish teacher lost his life on Monday because of maltreatment and negligence of Turkish authorities during his stay in prison under the rule of emergency declared in the aftermath of a controversial coup attempt on July 15, 2016 in Turkey.

WSJ, Judiciary, Gulen Movement, and the Government

The news I read in the Wall Street Journal (WSJ) took me by great surprise. Supposedly, (former Gen. Staff) Ilker Basbug’s imprisonment for life was a message from the Gulen Movement to Erdogan, saying, “Beware! You cannot seek resolution on the Kurdish issue without our permission.” The claim that there was an organizational grouping of members of […]

Ex-minister denies claims over helping ‘parallel structure’ while in office

Former Justice Minister Sadullah Ergin has denied allegations in a recent police report which claimed that he helped the so-called ‘parallel structure’ setting up its own cadre at the Justice Ministry during his term in office.

Crimes Against Humanity in Erdogan’s Turkey

The seventh stage [of genicide] is “Preparation.” Erdogan and his supporters direct violent phrases at Hizmet participants, including “they will not have access to food and water” and “they will beg us to kill them to avoid torture.” Widespread propaganda calls Hizmet participants “assassins,” “terrorists” or pawns of foreign powers such as the CIA, Mossad or the Vatican.

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

Zaman school [in Cambodia] resists call for closure

Eight trucks aid supplies for Serbia & Bosnia flood

Gursel Tekin: Gulen’s remarks on the third bridge are valuable

Turkey, The great purge – Four lives upturned by Erdogan’s ‘cleansing.’ Episode 4 – Betul

German spy agency chief says does not believe Gulen behind Turkey coup attempt

Fethullah Gülen donates $10,000 for victims of Typhoon Haiyan disaster in Philippines

Turkish doctors hailed for their assistance in CAR

Copyright 2026 Hizmet News