Bank Asya announced on Thursday that it had submitted documents regarding 152 of its 185 shareholders to the Banking Regulation and Supervision Agency (BDDK).
The bank said the documents from its shareholders were delivered to the bank and then sent to the BDDK, in a statement sent to the Public Disclosure Platform (KAP) on Thursday night.
On February 3, the Turkish banking watchdog took management control of 63 percent of Bank Asya’s privileged shares, citing insufficient transparency to allow for proper regulation.
The shareholders and management of Bank Asya denied the existence of flaws in the bank's transparency, and said the decision was a government-orchestrated bid to sink the lender.
Published on BGNNews, 10 April 2015, Friday