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

Tape politics

Someone placed a bugging device to wiretap the prime minister in a room that was being placed under constant surveillance. What is easier than catching the perpetrators behind this? Who entered and left the room should have been recorded. This incident took place in 2011 but as of now, this still remains unresolved and the Hizmet movement is being blamed for it.

Alevi associations react against halt of mosque-cemevi project

Several Alevi Bektaşi Associations affiliated with the Federation of Alevi Foundations (AVF), which together represent 600 cemevis and 300 local Alevi community associations, have strongly condemned the refusal by Ankara’s Mamak Municipality

Gov’t closes schools instead of resolving education problems

The Ministry of Education and the ruling Justice and Development Party (AK Party) government have been focusing on closing down private prep schools for university preparation (dershanes) and Turkish schools abroad instead of spending its energy on resolving critical problems in the Turkish education system, experts say.

Aid organization head blasts terror probe

Turkey was shocked by a terror investigation against Kimse Yok Mu (KYM). According to a statement by the Ankara Chief Public Prosecutor’s Office, the organization was being probed over its alleged involvement in terrorism during activities during Eid al-Adha.

Hate speech in politics and media

It is hard to understand the relentless efforts of Turkish politicians and media networks to create new objects of hate, in contrast with the global and local struggle against racism, xenophobia, Islamophobia, anti-Semitism and similar approaches that pave the way for hate speech, hate crime and discrimination. Hate speech, mutually produced in the context of the developments following the Gezi Park protests in June, is concrete proof that we are making life in this world increasingly unbearable for one another.

Turkish “religious advisors” are keeping an eye on Erdogan opponents in Belgium

Turkey is pressuring “religious advisors” to keep an eye on President Recep Tayyip Erdogan’s opponents in 38 countries, including Belgium. In Belgium, how the religious councillor at the Turkish embassy behaved could be seen as interference.

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

Kosovo’s Parliament To Probe Deportation Of Six Turks

Kalashnikov-carrying police raid Gülen-inspired girls’ dormitory

MHP deputy dismissed gang allegations against Hizmet Movement

Why would Gulen choose to attempt a coup that’s contrary to all his views?

Germany takes Gülenists off watch list, conducts counterespionage against Ankara – report

Autopsy proves Turkish military student’s throat slit during coup attempt, sister says

Fethullah Gülen’s legal journey

Copyright 2026 Hizmet News