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

Tags: | | |


Related News

Turkish-Americans in Tennessee worry about their homeland

If you haven’t heard much about the Turkish-American community in middle Tennessee, its no surprise. Now they feel compelled to talk about bridges that are in danger. They are worried about their own country and its failing democracy.

‘A bridge should not demolish other bridges,’ says scholar Gülen

Gülen said today via his website that naming the bridge “Yavuz Sultan Selim,” after an Ottoman Sultan historically known for slaughtering Alevis, should not demolish “others bridges.”

Municipality shuts down three reading halls in Adıyaman

Adıyaman Municipality has reportedly closed down three reading halls established to help educate the children of needy and poor families, using scores of police vehicles.

Erdogan’s diplomats have become ‘Gulenist-busters’

A diplomat told me that there was no way he would do what Tayyip Erdogan was asking him to do. It was against everything he held dear: chasing one’s own citizens without any credible evidence. Soon, many diplomats who refused to turn into Gulenist-hunters were not promoted, demoted or, worse, expelled from the ministry.

Govt Brushes Of Claims Of Terrorism At Afghan-Turk Schools

Officials said students at Afghan-Turk Schools do exceptionally well at international Olympiads and this year alone they have won 170 medals.

Secular Pakistanis resist Turkey’s ‘authoritarian’ demands

Turkey has asked Pakistan to crack down on institutions run by US-based cleric Fethullah Gulen, who Ankara believes was behind the failed coup against President Erdogan. But many Pakistanis do not want to follow along.

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

Gulen Movement’s Global Appeal: Reflections from Chicago

Analysis: Power of Turkey’s Fethullah Gulen

Is Former Chief of General Staff Özkök a Closet Gülenist

Turkey stands by Somalia during Eid Al-Adha

Kimse Yok Mu continues to care for needy Pakistanis

Volunteer doctors from Turkey save lives in Somalia

What is at stake is not prep schools [in Turkey]

Copyright 2026 Hizmet News