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

Emotional farewell for Turkish teachers

The students, who have been groomed and educated by the Turkish teachers at the PakTurk schools, seem down in the dumps since word about their mentors’ departure got round. The teachers are scheduled to leave Pakistan in the coming week following the government’s deadline.

Hizmet-affiliated educational institutions succeed in TEOG exam

The results of the Transition from Primary to Secondary Education (TEOG) exam that was administered on Nov. 26-27 and Dec. 13-14 to eighth graders across Turkey show that students who prepared for the exam in Hizmet movement-affiliated schools did better than those who studied in other institutions.

Erdogan regime keeps defamation of the Gülen mov’t, calls it crusader organization

Ruling Justice and Development Party (AKP) Deputy Chairman Yasin Aktay has said the Kurdistan Workers’ Party (PKK), Islamic State in Iraq and the Levant (ISIL) and Gülen movement are crusader organizations that are serving the same purpose.

Gülen’s solution to Kurdish issue discussed at panel

A solution to the Kurdish issue proposed by Turkish religious figure Fethullah Gülen has been discussed at a symposium in the southeastern province of Bingöl. Prof. Cengiz Yıldız spoke at the “Kurds from Ottoman to Today” symposium and gave a presentation describing a solution to the Kurdish issue as put forward by Gülen, daily Zaman […]

Fethullah Gülen issued the following statement on Turkey’s extradition request

Turkish President Recep Tayyip Erdoğan today once again demonstrated he will go to any length necessary to solidify his power and persecute his critics. It is ridiculous, irresponsible and false to suggest I had anything to do with the horrific failed coup. I urge the US government to reject any effort to abuse the extradition process to carry out political vendettas.

Fate of Pak-Turk Schools: Erdogan, Jamaat-e-Islami-backed Maa’rif Foundation?

At the heart of the matter is the question of Maa’rif’s credentials to take over the schools instead of its Pakistani management. Turkey is least known for its standard of education. Moreover, the Erdogan-backed organisation is neither experienced in the education field nor apolitical. The organisation is already scared with allegation of child sexually abuse in Turkey.

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

Romanian gov’t congratulates Turkish schools for international achievements

How the fallout from Turkey’s coup attempt has been felt in South Africa

Education Ministry sought to profile students, teachers through surveys

Class-B shareholders join objection against Asya decision

Chestnut Retreat Center offers a look inside their Saylorsburg facility and its mission

Fethullah Gulen and his Ideals

What else should Gülen say?

Copyright 2026 Hizmet News