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

Turkish Gov’t Seizes 965 Gülen Movement Affiliated Firms With $11.3 Billion Worth

Turkish Deputy PM Nurettin Canikli said on Friday that the Turkish government has seized 965 companies which were affiliated to the Gülen movement. The value of assets belonging to companies seized by the Turkish state during the ongoing state of emergency is also announced as nearly 41 billion Turkish Liras, around $11.3 billion.

Politically motivated police raid of kindergarten in west Turkey

The witch hunt against the opponents of the government continues and is growing. In another instance of a government-orchestrated operation targeting the faith-based Gülen movement, popularly known as the Hizmet movement, the police along with inspectors conducted raids around 6 am on Tuesday at dozens of institutions owned by the Yamanlar Educational Institutions, which was established by volunteers of the movement in the western province of İzmir.

MHP: Gov’t should not harass its citizens who open Turkish schools abroad

Vural said that if the government does not protect its citizens who are involved in the Turkish schools — which are affiliated with the Hizmet movement, inspired by the teachings of US-based Turkish cleric Fethullah Gülen — but instead complains about them to international governments, questions need to be asked.

Zaman daily launches news portal in Kurdish language

The Zaman daily has broken new ground by launching a news portal that will present reports in the Kurdish language.

The Global Imam

Suzan Hansen wrote an article about Mr. Gulen on The New Republic Magazine. She is trying to answer the question: What does the leader of the world’s most influential Islamic movement really want? What does the leader of the world’s most influential Islamic movement really want? Suzy Hansen November 10, 2010   The New Republic (Full content […]

You Cannot Understand the Servants!

What will you say about the reaction of Mr. Akin Ipek after his enterprise has been shut down as an intimidation? If you forget, let me remind you what he said: “I would sacrifice my whole fortune for a smile of Hocaefendi (Fethullah Gulen).” Can you understand this soul?

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

SEO Skill Suite: Tools for Keyword Research, Technical & Backlink Analysis

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

In Case You Missed It

Turkish gov’t profiling went on until 2013, report claims

Turkish imam spy affair in Germany extends across Europe

Rising Value of Turkey: ‘The Gülen Movement’

Turkey pays a price for purging counterterror professionals

Peace and prosperity for Turkey lies in philosophy of Nursi says Altan Tan

Abrahamic Faith Leaders on Significance of Coexistence

Bangladesh’s Turkish school student becomes first in world math exam

Copyright 2026 Hizmet News