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Bank Asya

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290:"As a result of the audits conducted in relation to Bank Asya (the Bank) within the scope of the Banking Law No. 5411 (the Law), it has been decided to transfer the Bank's shareholding rights, excluding dividends, and the management and supervision of the Bank to the Savings Deposit Insurance Fund in accordance with the provision of subparagraph (b) of the first paragraph of Article 71 of the Law for the purpose of partial or complete transfer, sale or merger, provided that the loss is deducted from the capital of the existing shareholders (it is revealed that the continuation of its activities poses a danger to the rights of deposit and participation fund holders and the confidence and stability of the financial system)." 315:
accused of coup plotting and declared as a terrorist organization by Erdogan regime, and then the criterion of being a partner, employee, and customer of Bank Asya was accepted as an important factor for the membership of the organization by politicians of the government and members of the judiciary. People, not blamed of any offenses were accused of being members of a terrorist organization because they only worked in the bank, had an account or used bank's credit card and other banking services and were subjected to criminal investigation. However, in the
1046: 22: 227: 126: 245:. Bank Asya opened its first branch in Altunizade, Istanbul on 24 October 1996. The opening ceremony was held with an official ceremony and was attended by then Deputy Prime Minister Tansu Çiller, State Minister Abdullah Gül, Istanbul Metropolitan Mayor Recep Tayyip Erdoğan, and İhsan Kalkavan, Chairman of the Board of Directors of Asya Finans. 314:
After Erdogan’s party Justice and Development Party Government's restrictions in Turkey on Gulen movement and Bank Asya since 2013 and after coup attempt on July 15, 2016, Bank Asya customers were exposed to a number of violation of rights. After the coup attempt on July 15, 2016, Gulen movement was
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Bank Asya, with an initial capital of TRY2 million and paid up capital of TRY900 million, had a multi-partnered structure based on domestic capital. At the end of 2009, Bank Asya’s total assets reached TRY14 billion. Bank Asya rose by 47 places in the “Top 1000 World Bank Ranking” of “The Banker”
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On 18 September 2014, President Erdoğan spoke  at the Turkish Industry and Business Association, TÜSİAD meeting. Bank Asya was on Erdoğan's agenda without explicitly mentioning its name: "Yesterday, the main opposition leader accused us of working to bankrupt a bank. That bank is already
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With Decision No. 6318 of the Banking Regulation and Supervision Agency published on 29 May 2015, Bank Asya was transferred to the SDIF. The decision was published in the Official Gazette dated 30.05.2015 and numbered 29371. The decision read:
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The company's name, which had been previously "Asya Finans Kurumu Anonim Şirketi" (Asya Finance Incorporated Company), was changed into "Asya Katilim Bankasi Anonim Şirketi" (Asya Participation Bank Inc.) on December 20, 2005.
297:- Muhiddin Gülal, President of the Savings Deposit Insurance Fund (SDIF), announced on 26 February 2016 that they plan to sell Bank Asya by 29 May, and that they will liquidate the bank if it cannot be sold. 253:
Magazine in 2010, rising to 473 from 520. At the same time, Bank Asya ranked 403rd on “The Banker’s Top 500 Banking Brands”. Bank Asya has also become the largest participation bank in Turkey.
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14 branches were opened in 10 cities (branches include Kadiköy, Merter, Şişli, Güneşli, Pendik(İstanbul), Ulus (Ankara), İzmir, Bursa, Konya, Gaziantep, Kayseri, Eskişehir, Antalya and Aydin)
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Bank Asya and ICD (Islamic Corporation for the Development of the Private Sector), a subsidiary of the Islamic Development Bank jointly carry out interest-free banking activities in
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on the website of the Banking Regulation and Supervision Agency and in the Official Gazette on 23 July 2016, Bank Asya's operating licence was cancelled.
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Bank Asya carried out its activities with 182 branches, 2 national and 1300 foreign correspondent banks besides the head office units as of May 2011.
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AsyaCard DIT, the most extensive, off-line credit card of Europe, and AsyaPratik DIT, the first pre-paid bank card of Turkey, were brought into use
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9 branches were opened (branches include Ostim (Ankara), Diyarbakir, Erenköy, Ümraniye, Fatih, Gaziosmanpaşa (İstanbul), Gebze, Erzurum and Samsun)
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The first transportation project with which AsyaCard can be used has been put into service and AsyaCard began to be used for transportation in
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Alo Asya (444 4 888) Telephone Banking was put into operation on January 1 and March 17, for retail and corporate customers, respectively
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Bank Asya was displayed as the bank having the most effective performance in the "Top 1000 World Banks" list of financial magazine
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Nationwide facility for credit card payment and money transfers by Asya Finans customers through on-line PTT branches was initiated
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At this stage, the SDIF did not yet revoke Bank Asya's banking licence and stated that it did not pose any risk to depositors.
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On 22 July 2016, the Banking Regulation and Supervision Agency (BDDK) cancelled Bank Asya's banking permissions as part of the
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Development of residential and saleable real estate and generation of rental revenue from its own real estate portfolio.
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Reaching 22,2% profit rate Bank Asya has become the most profitable interest - free bank of Turkey for last three years
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The company name, which had been previously "Asya Finans Kurumu A.Ş.", was changed into "Asya Katilim Bankasi A.Ş."
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Private Finance Houses Private Current and Savings Accounts Safety Fund Regulation began operation on September 18
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The organizational structure of the Head Office was changed and operations began being carried out by 24 units
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The Regulation for Foundation and Activities of Private Finance Houses began operations on September 20
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On May 12, Bank Asya shares began trading at the (İstanbul Stock Exchange) ISE with the code of ASYAB
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A strategic cooperation agreement was signed between Bank Asya and ICD, one of the corporations of
992: 319: dated 01/06/2019, it was decided that depositing money into Bank Asya would not be a crime. 300:
According to The Banking Regulation and Supervision Agency (BRSA= BDDK in Turkish) board decision
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Correspondent banking relations were established with Türk Ekonomi Bankasi and Denizbank branches
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Bank Asya became registered in the presence of Trade Register Office of Istanbul on December 20
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The first contactless prepaid bank card of Turkey, DIT Pratik, ranked first in 2009 category
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Assets reached TL 11,6 billion; increasing 43% compared to the same period of the last year
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The Gülen Movement: A Sociological Analysis of a Civic Movement Rooted in Moderate Islam
587:(IDB) and Bank Asya went in a partnership with Senegal - based Tamweel Africa Holding SA 144: 79: 264: 915: 611:
Bank Asya ranked 403 in The Banker‘s Top 500 Banking Brands listing the leading names
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Bank Asya became title sponsor for the First League of Turkish Football Federation
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65.42% ownership - non-life insurance company with 183 million TL in assets.
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3 branches were opened (branches include Denizli, Adapazari and Beylikdüzü)
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Correspondent banking relation was established with Şekerbank branches
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Established online banking correspondence with all Yapı Kredi branches
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26 new branches were opened. Bank Asya branches have increased to 118
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Paid-up capital has increased from TL 120 million to TL 240 million
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Tax collection authority was granted by the Ministry of Finance
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was established in October 24, 1996 with its head office in
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Paid-up capital has increased from TL 60 million to TL 300
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Membership agreement was signed with MasterCard on May 18
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Bank Asya owns a 40% stake and ICD 60% in Senegal-based
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Bank Asya was founded on October 24 in Istanbul, Turkey
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Companies formerly affiliated with the Gülen movement
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Partnership could expand up to 22 countries in Africa
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The bank has been strongly tied to the controversial
1041: 983: 981: 1059: 879: 558:Paid-up capital has increased to TL 900 million 455:Bank Asya became a member of VISA on October 24 404:The Union of Private Finance Houses was founded 377:Bank Asya became subject to Turkish Banking Law 978: 491:Bank Asya launched chip credit card activities 608:Second Murabaha syndication - 250 million USD 389:Online Banking became available to the public 873: 908:Helen Rose Fuchs Ebaugh (1 December 2009). 809:Tamweel Africa Holding SA owns 4 banks in 124: 901: 787: 359:Bank Asya launched credit card activities 317:decision of the UN Human Rights Committee 263:, led by the Islamic cleric and preacher 106:Learn how and when to remove this message 936:"Bank Asya'nın faaliyet izni kaldırıldı" 769:TUNA REIT (Real Estate Investment Trust) 241:, as the sixth private finance house of 225: 989:"Bank Asya - Asya Katılım Bankası A.Ş." 961:"Bank Asya - Asya Katılım Bankası A.Ş." 856:"Bank Asya - Asya Katılım Bankası A.Ş." 596:Number of branches has increased to 158 561:Number of branches has increased to 149 1060: 753: 425:Installment credit cards were launched 196:- Chairman of the Board of Directors; 42:Please improve this article by adding 1098:Turkish companies established in 1996 1021:Investor relations Board of Directors 880:Benjamin Harvey (23 December 2013). 623:300 million USD murabaha syndication 15: 1012:Asya Katilim Bankasi AS (Bank Asya) 13: 200:- Board Member President & CEO 14: 1114: 1026: 827:Plans for opening 2 new banks in 1103:2016 disestablishments in Turkey 1044: 20: 758: 1006: 953: 928: 848: 534:commenced service on October 1 1: 841: 365:Sultanhamam branch was opened 44:secondary or tertiary sources 1088:Banks disestablished in 2016 726:Short Term Foreign Currency 530:New Head Office building in 7: 710:Long Term Foreign Currency 693: 636: 10: 1119: 734:Short Term Local Currency 632: 627: 428:ATMs were put into service 322: 1083:Banks established in 1996 914:. Springer. p. 109. 741: 733: 725: 718:Long Term Local Currency 717: 709: 704: 701: 677: 669: 661: 653: 648: 645: 214: 204: 187: 173: 158: 150: 140: 132: 123: 689: 585:Islamic Development Bank 1078:Defunct banks of Turkey 500:11 branches were opened 470:19 branches were opened 443:17 branches were opened 162:July 22, 2016 788:TAMWEEL Africa Holding 678:Short term LC Deposit 662:Short term FC Deposit 231: 31:relies excessively on 670:Long term LC Deposit 654:Long term FC Deposit 229: 774:Established in 2009 198:Abdullah GÜZELDÜLGER 1093:Participation banks 754:Former subsidiaries 742:National Long Term 698: 642: 219:www.bankasya.com.tr 206:Number of employees 120: 694: 637: 232: 154:October 24th, 1996 145:Financial services 136:Participation Bank 118: 921:978-1-4020-9894-9 749: 748: 685: 684: 224: 223: 116: 115: 108: 90: 1110: 1054: 1049: 1048: 1047: 1038: 1037: 1035:Official website 1013: 1010: 1004: 1003: 1001: 1000: 985: 976: 975: 973: 972: 957: 951: 950: 948: 946: 932: 926: 925: 905: 899: 898: 896: 894: 877: 871: 870: 868: 867: 852: 783:: IPO in 3 years 699: 643: 311: bankrupt. 169: 167: 128: 121: 117: 111: 104: 100: 97: 91: 89: 48: 24: 16: 1118: 1117: 1113: 1112: 1111: 1109: 1108: 1107: 1068:Banks of Turkey 1058: 1057: 1050: 1045: 1043: 1033: 1032: 1029: 1017: 1016: 1011: 1007: 998: 996: 987: 986: 979: 970: 968: 959: 958: 954: 944: 942: 934: 933: 929: 922: 906: 902: 892: 890: 878: 874: 865: 863: 854: 853: 849: 844: 790: 771: 761: 756: 692: 635: 630: 619: 604: 569: 542: 523: 508: 481: 463: 439: 415: 400: 385: 373: 355: 343: 331: 325: 265:Fethullah Gülen 207: 190: 165: 163: 112: 101: 95: 92: 49: 47: 41: 37:primary sources 25: 12: 11: 5: 1116: 1106: 1105: 1100: 1095: 1090: 1085: 1080: 1075: 1070: 1056: 1055: 1040: 1039: 1028: 1027:External links 1025: 1024: 1023: 1015: 1014: 1005: 991:Archived from 977: 963:Archived from 952: 938:(in Turkish). 927: 920: 900: 887:Bloomberg News 872: 858:Archived from 846: 845: 843: 840: 839: 838: 835: 825: 807: 797: 789: 786: 785: 784: 778: 775: 770: 767: 766: 765: 760: 757: 755: 752: 747: 746: 743: 739: 738: 735: 731: 730: 727: 723: 722: 719: 715: 714: 711: 707: 706: 703: 691: 688: 683: 682: 679: 675: 674: 671: 667: 666: 663: 659: 658: 655: 651: 650: 647: 634: 631: 629: 626: 625: 624: 615: 613: 612: 609: 600: 598: 597: 594: 591: 588: 581: 578: 565: 563: 562: 559: 556: 550: 547: 538: 536: 535: 528: 519: 517: 516: 513: 504: 502: 501: 498: 495: 492: 489: 486: 477: 475: 474: 471: 468: 459: 457: 456: 453: 450: 447: 444: 435: 433: 432: 429: 426: 423: 420: 411: 409: 408: 405: 396: 394: 393: 390: 381: 379: 378: 369: 367: 366: 363: 360: 351: 349: 348: 339: 337: 336: 327: 324: 321: 261:Gülen movement 222: 221: 216: 212: 211: 208: 205: 202: 201: 191: 188: 185: 184: 175: 171: 170: 160: 156: 155: 152: 148: 147: 142: 138: 137: 134: 130: 129: 114: 113: 28: 26: 19: 9: 6: 4: 3: 2: 1115: 1104: 1101: 1099: 1096: 1094: 1091: 1089: 1086: 1084: 1081: 1079: 1076: 1074: 1071: 1069: 1066: 1065: 1063: 1053: 1042: 1036: 1031: 1030: 1022: 1019: 1018: 1009: 995:on 2012-03-25 994: 990: 984: 982: 967:on 2012-02-11 966: 962: 956: 941: 937: 931: 923: 917: 913: 912: 904: 889: 888: 883: 876: 862:on 2012-01-15 861: 857: 851: 847: 836: 834: 830: 826: 824: 820: 816: 812: 808: 805: 802: 798: 796: 792: 791: 782: 779: 776: 773: 772: 763: 762: 751: 744: 740: 736: 732: 728: 724: 720: 716: 712: 708: 700: 697: 696:Fitch Ratings 687: 680: 676: 672: 668: 664: 660: 656: 652: 644: 640: 622: 621: 620: 618: 610: 607: 606: 605: 603: 595: 592: 589: 586: 582: 579: 576: 572: 571: 570: 568: 560: 557: 555: 554:Kahramanmaras 551: 548: 545: 544: 543: 541: 533: 529: 526: 525: 524: 522: 514: 511: 510: 509: 507: 499: 496: 493: 490: 487: 484: 483: 482: 480: 472: 469: 466: 465: 464: 462: 454: 451: 448: 445: 442: 441: 440: 438: 430: 427: 424: 421: 418: 417: 416: 414: 406: 403: 402: 401: 399: 391: 388: 387: 386: 384: 376: 375: 374: 372: 364: 361: 358: 357: 356: 354: 346: 345: 344: 342: 334: 333: 332: 330: 320: 318: 312: 310: 305: 303: 298: 295: 292: 291: 287: 283: 281: 276: 275: 273: 268: 266: 262: 257: 254: 250: 247: 244: 240: 236: 228: 220: 217: 213: 209: 203: 199: 195: 192: 186: 183: 179: 176: 172: 161: 157: 153: 149: 146: 143: 139: 135: 131: 127: 122: 110: 107: 99: 88: 85: 81: 78: 74: 71: 67: 64: 60: 57: –  56: 52: 51:Find sources: 45: 39: 38: 34: 29:This article 27: 23: 18: 17: 1052:Banks portal 1008: 997:. 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Index


references
primary sources
secondary or tertiary sources
"Bank Asya"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message

Financial services
Istanbul
Turkey
www.bankasya.com.tr

Istanbul
Turkey

Gülen movement
Fethullah Gülen


2016 purges
published
declared
decision of the UN Human Rights Committee
Ümraniye
Kahramanmaras

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