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

Ishak Alaton: Fethullah Gülen is the most “other” in Turkey

The AK Party government, which seems to be without an alternative and lacks an equally dominant opposition to check and balance it, is in big trouble, which they are not fully aware of, says Alarko Holding Chairman İshak Alaton.

GYV announces the third international family policy conference

the Third International Family Conference will be held in November 2014 in Istanbul, Turkey. The theme of the conference will be “Family Policies”. the aim of the conference is an in-depth study of all sorts of legal arrangements, administrative decisions and practices laid down by the national and international public organizations and institutions, in order to strengthen the protection of the family as an institution.

AK Party gov’t treats critical letters, columns as ‘treachery’

In an attempt to defame the Hizmet movement inspired by Islamic scholar Fethullah Gülen, the Turkish government and its media outlets have presented letters sent by civil society representatives affiliated with the faith-based movement to foreign officials providing them with information about the situation in Turkey as “treachery.”

Filipina, infant freed from Turkish jail, but…

The Filipina mother who forcibly was separated from her infant and detained in Turkey for weeks has been released. But their reunion is being cut short by her deportation, in the crackdown following a failed coup in which she had no part. Information is being withheld from Karen’s lawyer and the Philippine Embassy staff assisting her. Forcible separation of an infant from her mother is a humanitarian concern.

BBC interviews families of abducted Gülen followers

The families of abducted Gülen followers, whose abductions have been confirmed by eyewitnesses, have spoken to BBC Turkish service. Eleven people have been reported missing in Ankara since January.

Sabotage: government-Gülen movement relations

We are facing a new situation that we are all trying to understand. First, the summoning of the undersecretary of the National Intelligence Organization (MİT), Hakan Fidan, and several other MİT administrators to testify as suspects has turned into an unprecedented and serious problem. Those waiting in the wings encouraged a debate that started as […]

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

US-Based Muslim Preacher Leverages Influence Back in Turkey

It is shame not to reopen Halki Greek Orthodox Seminary

Deputy PM of Turkey visits Gulen-inspired school in Yemen

Turkey’s Reichstag Fire

Our new neighbor [Al-Qaeda] poses a great risk for Turkey

Criminal complaint filed against prosecutor accusing Hizmet of being terrorist

Dissidents of the Turkish government are living in fear in Canada

Copyright 2026 Hizmet News