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

HRW to Turkey: Investigate Ankara abductions, disappearances

There are credible grounds to believe that government agents forcibly disappeared the missing men. The Turkish authorities should promptly uphold their obligation to locate the missing men, who may be in grave danger, secure their release and if they are in custody give them immediate access to a lawyer, and let their families know where they are.

Ex-minister denies claims over helping ‘parallel structure’ while in office

Former Justice Minister Sadullah Ergin has denied allegations in a recent police report which claimed that he helped the so-called ‘parallel structure’ setting up its own cadre at the Justice Ministry during his term in office.

Response to aspersion on Hizmet

HÜSEYİN GÜLERCE The Journalists and Writers Foundation (GYV) made an important statement on Thursday. Its press release, issued in connection with the recent tension that threatens to disrupt social consensus, seeks to defuse tension with regards to the rift between the government and the Hizmet movement. “[T]he ways in which legitimate demands are voiced should […]

What’s Friendship Got to Do With [Mr. Gulen’s] Extradition?

On a visit to Washington to lobby for Gülen’s extradition, Nationalist Action party parliamentarian Kamil Aydin expressed his belief that “America is going to refuse losing Turkey as a good partnership in the region.” But even if Turkish politicians do not believe that America operates according to the rule of law, they should at least be aware that most Americans are proud to think that it does.

Mother with infant jailed while trying to visit imprisoned husband

Ayfer Yavuz traveled to Kars from Muğla via flight along with her father-in-law Hüseyin Yavuz, four-year-old daughter and four-and-half-month-old infant baby to visit husband Emre Yavuz who has never seen newly born baby. When she reached to Kars Prison where her husband kept, gerdarmeire officers detained her as well.

TUSKON: Twitter ban a disappointment in information age

Turkish Confederation of Businessmen and Industrialists (TUSKON) Chairman Rıza Nur Meral voiced his disappointment on Friday over the decision by the ruling Justice and Development Party (AK Party), which tries to attract voters with promises of democracy, more human rights, increased rule of law and reforms to gain EU membership, to block access to Twitter.

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

Turkey purge victims unable to find jobs, leave country

Policeman, teacher wife and premature baby under arrest over Gülen links

EU and Turkey’s rights abuse

Interview with Henri Barkey on the Hizmet Movement

Sareshwala: Agitation and confrontation doesn’t get Muslims anywhere

Gulen Charter Schools: Ignorance and Lies Beyond Reality

Global Muslim networks: How far they have travelled

Copyright 2026 Hizmet News