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
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22:
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.
227:
126:
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
252:
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”
270:
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
285:
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:
248:
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.
1072:
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.
347:
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)
793:
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
1097:
304:
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.
274:
316:
1102:
256:
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.
855:
307:- On 16 November 2017, with the decision of Istanbul 1st Commercial Court of First Instance dated 16.11.2017 and numbered 2017/41 E., Bank Asya was
549:
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
392:
9 branches were opened (branches include Ostim (Ankara), Diyarbakir, Erenköy, Ümraniye, Fatih, Gaziosmanpaşa (İstanbul), Gebze, Erzurum and Samsun)
881:
552:
The first transportation project with which AsyaCard can be used has been put into service and AsyaCard began to be used for transportation in
960:
1087:
988:
919:
467:
Alo Asya (444 4 888) Telephone
Banking was put into operation on January 1 and March 17, for retail and corporate customers, respectively
1082:
105:
573:
Bank Asya was displayed as the bank having the most effective performance in the "Top 1000 World Banks" list of financial magazine
452:
Nationwide facility for credit card payment and money transfers by Asya Finans customers through on-line PTT branches was initiated
1077:
294:
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.
278:
On 22 July 2016, the
Banking Regulation and Supervision Agency (BDDK) cancelled Bank Asya's banking permissions as part of the
43:
36:
1092:
777:
Development of residential and saleable real estate and generation of rental revenue from its own real estate portfolio.
86:
593:
Reaching 22,2% profit rate Bank Asya has become the most profitable interest - free bank of Turkey for last three years
58:
485:
The company name, which had been previously "Asya Finans Kurumu A.Ş.", was changed into "Asya Katilim Bankasi A.Ş."
422:
Private Finance Houses Private Current and Savings Accounts Safety Fund Regulation began operation on September 18
65:
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473:
The organizational structure of the Head Office was changed and operations began being carried out by 24 units
32:
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859:
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The Regulation for Foundation and Activities of Private Finance Houses began operations on September 20
54:
512:
On May 12, Bank Asya shares began trading at the (İstanbul Stock Exchange) ISE with the code of ASYAB
964:
583:
A strategic cooperation agreement was signed between Bank Asya and ICD, one of the corporations of
279:
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
431:
Correspondent banking relations were established with Türk Ekonomi Bankasi and Denizbank branches
144:
301:
264:
494:
Bank Asya became registered in the presence of Trade Register Office of Istanbul on December 20
915:
909:
260:
580:
The first contactless prepaid bank card of Turkey, DIT Pratik, ranked first in 2009 category
308:
590:
Assets reached TL 11,6 billion; increasing 43% compared to the same period of the last year
911:
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
886:
79:
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Bank Asya ranked 403 in The Banker‘s Top 500 Banking Brands listing the leading names
553:
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Bank Asya became title sponsor for the First League of Turkish Football Federation
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21:
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65.42% ownership - non-life insurance company with 183 million TL in assets.
419:
3 branches were opened (branches include Denizli, Adapazari and Beylikdüzü)
267:, and is widely considered to be founded and operated by his followers.
238:
177:
814:
800:
446:
Correspondent banking relation was established with Şekerbank branches
362:
Established online banking correspondence with all Yapı Kredi branches
226:
818:
803:
527:
26 new branches were opened. Bank Asya branches have increased to 118
242:
181:
125:
497:
Paid-up capital has increased from TL 120 million to TL 240 million
882:"Erdogan Retaliation Seen Hurting Gulen Companies: Istanbul Mover"
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832:
449:
Tax collection authority was granted by the Ministry of Finance
1034:
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15:
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was established in October 24, 1996 with its head office in
515:
Paid-up capital has increased from TL 60 million to TL 300
488:
Membership agreement was signed with MasterCard on May 18
799:
Bank Asya owns a 40% stake and ICD 60% in Senegal-based
335:
Bank Asya was founded on October 24 in Istanbul, Turkey
1073:
Companies formerly affiliated with the Gülen movement
837:
Partnership could expand up to 22 countries in Africa
259:
The bank has been strongly tied to the controversial
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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
491:Bank Asya launched chip credit card activities
608:Second Murabaha syndication - 250 million USD
389:Online Banking became available to the public
8:
118:
908:Helen Rose Fuchs Ebaugh (1 December 2009).
809:Tamweel Africa Holding SA owns 4 banks in
124:
117:
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
989:"Bank Asya - Asya Katılım Bankası A.Ş."
961:"Bank Asya - Asya Katılım Bankası A.Ş."
856:"Bank Asya - Asya Katılım Bankası A.Ş."
847:
596:Number of branches has increased to 158
561:Number of branches has increased to 149
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
7:
880:Benjamin Harvey (23 December 2013).
623:300 million USD murabaha syndication
1012:Asya Katilim Bankasi AS (Bank Asya)
200:- Board Member President & CEO
14:
827:Plans for opening 2 new banks in
1103:2016 disestablishments in Turkey
1044:
20:
534:commenced service on October 1
1:
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
710:Long Term Foreign Currency
693:
636:
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734:Short Term Local Currency
428:ATMs were put into service
1083:Banks established in 1996
914:. Springer. p. 109.
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718:Long Term Local Currency
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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:
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154:October 24th, 1996
145:Financial services
136:Participation Bank
921:978-1-4020-9894-9
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783:: IPO in 3 years
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991:Archived from
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938:(in Turkish).
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51:Find sources:
45:
39:
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29:This article
27:
23:
18:
17:
1052:Banks portal
1008:
997:. Retrieved
993:the original
969:. Retrieved
965:the original
955:
943:. Retrieved
930:
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891:. Retrieved
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864:. Retrieved
860:the original
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759:Işık Sigorta
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194:İsmail GÜLER
193:
174:Headquarters
133:Company type
102:
93:
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76:
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62:
50:
30:
795:West Africa
280:2016 purges
96:August 2011
55:"Bank Asya"
1062:Categories
999:2011-06-15
971:2011-06-15
893:19 January
866:2011-06-15
842:References
823:Mauritania
806:Holding SA
575:The Banker
271:bankrupt."
210:over 2,448
189:Key people
166:2016-07-22
66:newspapers
33:references
745:A-+(tur)
302:published
235:Bank Asya
230:Bank Asya
119:Bank Asya
940:CNN Türk
781:STRATEGY
646:Moody's
641:Ratings
532:Ümraniye
309:declared
239:Istanbul
178:Istanbul
141:Industry
945:24 July
815:Senegal
801:Tamweel
639:Moody's
633:Moody's
628:Ratings
323:History
215:Website
164: (
159:Defunct
151:Founded
80:scholar
918:
821:, and
819:Guinea
804:Africa
702:Fitch
243:Turkey
182:Turkey
82:
75:
68:
61:
53:
829:Benin
811:Niger
705:2010
690:Fitch
649:2010
87:JSTOR
73:books
947:2016
916:ISBN
895:2014
833:Mali
831:and
681:Ba1
673:Ba2
657:Ba3
617:2011
602:2010
567:2009
540:2008
521:2007
506:2006
479:2005
461:2004
437:2003
413:2002
398:2001
383:2000
371:1999
353:1998
341:1997
329:1996
59:news
721:B+
713:B+
665:B1
35:to
1064::
980:^
884:.
817:,
813:,
737:B
729:B
282:.
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46:.
1002:.
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103:(
98:)
94:(
84:·
77:·
70:·
63:·
40:.
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