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Georgian Dream received 1 million GEL in credit from Cartu Bank

Publish Time 2016-09-29 12:04:00 Update Time 2016-09-29 16:12:00

Tags:Georgian Dream Cartu Bank credit

The Georgian Dream received 1 million GEL in credit from Cartu Bank. The State Audit Service hs released the regarding financial documentation.

According to the document, the Georgian Dream received the credit on September 14. The repayment period is 4 months, while the annual interest rate is 11%.

The credit is ensured by the rule of the Article 561 of the Election Code, according to which, the state reimburses the costs under 1 million GEL spent by parties which cross the minimal election threshold.

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