Armenian Bloggers initiate boycott of Vneshtorgbank

Armenian bloggers have initiated a boycott of VTB Bank Armenia and are inviting everyone to join the action. Better known as “Savings Bank of the Republic of Armenia” (Armsavingsbank) was founded in 1923 and was the pillar of Soviet Banking system and law obedient Soviet citizens were encouraged to hold their savings there – which was one of the reasons, why after the collapse of the USSR and downfall of the Soviet Ruble it had…

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Gagik Tsarukyan to open world-class casino in Armenia

One of the richest Armenian businessman Gagik Tsarukyan’s Multi Group Company, in partnership with Russian Storm International has constructed the most impressive gaming facility in the region – the Shangri La Casino, which will officially open on April 16th, with the Grand Opening scheduled for May 2nd. Via: RIA OREANDA | The complex area now is 2400 sq. m with a planned expansion of a further 800 sq.m by the end of the year. The…

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