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

The Encyclopedia of Islam and hate speech

Erdoğan’s obvious target was Fethullah Gülen, but it is clear that he also attacked anyone who doesn’t think like him with phrases such as “false prophets,” “fake mystics” and “so-called scholars.” This denigration is problematic especially in terms of secularism. Indeed, the prime minister hurls gross insults at religious interpretations that diverge from his own. In his capacity as a prime minister, he imposes his beliefs and acts onto those who do not think like him. One step beyond these remarks would be the prime minister’s supporters’ resorting to violence against those he places on the bull’s eye.

Pakistan: Islamabad High Court rejects petition by Erdogan’s Maarif Foundation

The Islamabad High Court, while rejecting the petition filed by Turkey’s Maarif Foundation, decreed that there was no meaning in the foundation’s demand for inclusion in the case as it was out of the question for such foreign structures to find in themselves any right to take over the [Pak-Turk] schools in Pakistan.

The Government Response to Turkey’s Coup Is an Affront to Democracy

It is vital for Washington and Turkey’s other international partners now to use all their influence to press Ankara to reverse course, to safeguards the rights of those caught up in the purge, and to strengthen rather than weaken the independence of the institutions that underpin it, including the courts, media, universities and parliament itself. The people who died defending it deserve nothing less.

Today’s Zaman journalist faces deportation [from Turkey] over critical tweets on government

Zeynalov, a national of Azerbaijan, has been put on a list of foreign individuals who are barred from entering Turkey under Law No. 5683, because of “posting tweets against high-level state officials,” The move comes in an already-troubling atmosphere for media freedom. Late on Wednesday, Parliament passed a controversial bill tightening government control over the Internet in a move that critics say is aimed at silencing dissent.

33rd Abant Platform: whither Turkey?

In his speech at the opening of the first session, Prof. Seyfettin Yuksel said: “If it had been said a few years ago that we would be discussing ‘Turkey’s direction’ in the coming years, none of us would have believed it. We were sure about Turkey’s direction.” Unfortunately, nowadays Turkey’s direction is seen as uncertain, and the country has strayed not only from its foreign policy but also from democratic norms and the rule of law in its domestic policies. Here are my notes from the conference.

If whoever touched Gülen was doomed, we would have been ashes by now

“If whoever touches him is screwed, it should have been me who would have gotten screwed first; I should have been in ashes by now because I have published the harshest material against Gülen. I have published the most derogatory books against him.”

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

Women’s involvment in Gulen Movement

Erdogan’s dirty deal: Afghanistan to hand over control of Gülenist schools to Turkey

Turkish PM heads to Brussels for tough talks with EU

GYV head dismisses ‘parallel state’ allegations against Hizmet

CSOs continue to condemn hate speech against Hizmet movement

“We will celebrate a new world”

Lawyer put behind bars along with 3-month-old baby

Copyright 2026 Hizmet News