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 entrepreneurs launch ophthalmology clinic in Senegal

An ophthalmology clinic funded by the Turkish entrepreneurs was officially inaugurated with a ceremony attended by numerous guests including the Senegalese PM Aminata Toure and Turkey’s ambassador to Senegal, Zeynep Sibel Algan.

Gülen says talk of raid against Zaman aims to intimidate

Islamic scholar Fethullah Gülen, who lives in self-exile in Pennsylvania, said on Thursday that the rumors of a crackdown against Hizmet movement-affiliated media is a “perception operation and aims to intimidate and oppress people.”

Mother of 5 children abandoned in parking lot released on high bail

A Turkish court on Monday released a housewife, a mother of five whose children were abandoned in a parking lot after her detention, on TL 50,000 bail. This is a high figure in a country where the minimum wage is approximately TL 1,300. The woman will be put behind bars again if she fails to pay the bail within seven days.

Champion of YGS university exam from Hizmet-affiliated FEM prep courses

The champion of this year’s Higher Education Exam (YGS) university entrance examination, Oğuz Türkyılmaz, who prepared for the exam with the Hizmet movement-affiliated FEM University Preparation School in Malatya, says he owes most of his success to his prep school teachers.

Another woman faces detention just after giving birth as police await at hospital

Turkish police are waiting at Adana Avrupa Hospital to detain Elif Açıkgöz, who just gave birth by cesarean section, over alleged links to the Gülen movement, Samanyolu haber reported on Monday. After they were told that Açıkgöz could not be discharged from the hospital, police started  a vigil in front of her room.

Gülen’s lawyer refutes Erdoğan’s claims as baseless

Nurullah Albayrak, the lawyer of Islamic scholar Fethullah Gülen, has denied President Recep Tayyip Erdoğan’s accusations against his client, saying the president has misrepresented the claims included in a recently unveiled indictment on a bugging scandal.

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

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

In Case You Missed It

Saylorsburg cleric sends statement to Muslim-Catholic conference

‘Selam’ – We come in peace

Turkish school sacrifices over 150 cows for Eidil Adha

The more we learn, the more we are the same

I feel fooled, upset, hurt

Turkey donation by Turkish Cultural Center Albany

AFSV Denounces President Erdogan’s Seizure of Leading Newspaper Zaman

Copyright 2026 Hizmet News