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

Informant on Gülen movement members says he fabricated testimony to avoid jail time

İbrahim Demirtaş, a major in the Turkish military who testified as an informant in investigations into sympathizers of the faith-based Gülen movement, has admitted that his statements were false and made in order to avoid prosecution and jail time.

Turkish coup was Erdogan ‘gift’

Erdogan became quite successful in his two very basic goals right after the coup. First and foremost, for putting all the blame squarely on the Hizmet movement, led by Gulen, and then carrying on a huge cover-up to hide other segments of the coup plotters. The problem is, while he has been quite successful in Turkey – he was not able to convince many in Europe and in the US.

Pregnant woman jailed over Gülen links sent back to prison after losing baby

Hanife Çiftçi, who was jailed in June when she was seven weeks pregnant due to her alleged links to the Gülen movement, lost her unborn baby and was sent back to prison from the hospital on the same day, the tr724 news website reported on Wednesday.

Islam’s internal enemies

Caliph Omar, who is renowned for his attention to justice, paid a visit to sacred sites after taking over control of Jerusalem from Governor Sophronius. He visited Masjid al Aqsa and later also wanted to see the Church of Resurrection where, according to Christian belief, Jesus was crucified and prepared for burial. Sophronius, who was walking with Omar, recalled that he performed prayers everywhere he visited and asked him to do the same at the church. Omar rejected the request saying, “If I perform prayer here, Muslims will build a mosque on this very spot.” Instead he found an empty area to the south of the church for prayer, upon which Muslims thereafter erected a mosque named after Omar.

Reassignments — new mobbing on massive scale by gov’t to silence dissent

According to commentators, the governing Justice and Development Party (AK Party), through these reassignments, is not only putting pressure on those carrying out the graft probes but also sending a message to its critics in state positions that their fate will be no different from that of their reassigned colleagues if they do not desist from their criticism of the government.

‘Consider your husband dead, start a new life,’ prosecutor tells detainee’s wife

Cumhuriyet daily columnist Aydın Engin wrote on Wednesday that the wife of a detainee sent him a letter claiming that a prosecutor told her to consider her husband dead since he can never be freed.

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

At home and abroad, Erdogan shoots himself in the foot

Reflection on the Asia-Pacific Trip with the Hizmet Movement

Switzerland: Number of Turkish asylum-seekers more than doubles

Clifton Mayor Anzaldi receives Diversity Award

4 people trying to escape persecution in Turkey missing after boat capsizes in Evros River

In Turkey today, mother who delivered baby yesterday detained

Erdoğan isolates himself in power

Copyright 2026 Hizmet News