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Cartu Bank

Cartu Bank Donates 2.5 Million GEL for Tbilisi Flood Victims

A bank in Georgia owned by former Prime Minister Bidzina Ivanishvili, has donated more than 2 million GEL to a fund that will support victims of the Tbilisi flood.

Cartu Bank donated 2.5 million GEL to help people affected by the June 13 disaster, which claimed the lives of 19 people and completely destroyed Tbilisi Zoo. 

A representative of Cartu Bank said this money was not connected to an earlier statement by billionaire tycoon Ivanishvili, who stated that he would cover the shortfall if not enough funds were raised to cover the cost of the damage.