Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
Ucom Supports Free FPV Drone Training for Teenagers by the ArmDrone Community AraratBank’s Special Offer at Leasing Expo Attracts Strong Customer Interest Flexible Terms when Transferring your Mortgage Loan to AraratBankThe Defense Team of the “Sacred Struggle” Releases Evidence Exposing a Fabricated Terrorism Case Unibank Awarded Client Protection Certification by MFR The Power of One Dram April Beneficiary: Davitbek Games NGOUcom and Impact Hub Yerevan Announce the Third Year of Green Innovation FellowshipUnibank Launches Referral Campaign “Invite Friends and Get Bonuses"Team Holding: The second phase of the placement of USD-denominated bonds has been completed. Underwriter - Freedom Broker Armenia. “A friend” needs money urgently. IDBank warns that trust can be exploited on social media.Denationalizing the ‘Map’ (Reflections on the ‘Real Armenia Ideology’)AraratBank at Leasing EXPO 2026: Special Leasing Offer for Energy-Efficient EquipmentUcom Offers Virtual Cloud Server (VPS) ServiceIDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME SectorUp to 25% idcoin When Buying Airline Tickets with IDBank Premium CardsAcba bank and the U.S.-based Interactive Brokers have signed an agreementIDBank and Idram Alongside the “Matemik” NGOIDBank Participates in Regional Conference of the Union of Banks of ArmeniaConverse Bank Receives STP Excellence Award Once AgainUnibank to participate in Leasing Expo 2026 with a special offer
All Timeline »
Society

Opportunities and Prospects for Cooperation Between Business and the Banking System in Syunik Region – IDBank

IDBank participated in a conference organized in Kapan by the Union of Banks of Armenia (UBA), titled “Opportunities and Prospects for Cooperation Between Business and the Banking System in the Syunik Region.”

The conference began with the “Banks in One Place” expo, during which residents and entrepreneurs had the opportunity to communicate directly with bank representatives, present their business ideas and needs, and learn about financing, credit, and consulting opportunities.

The expo served as an open platform for cooperation, Q&A sessions, and the development of mutual trust.

According to Tigran Aghajanyan, Coordinator of SME Retail Network Unit at IDBank and Idram, Idram has expanded its contactless payment coverage in the regions to support the growth of small and medium-sized enterprises (SMEs). “Across Armenia, payments can be made with the Idram&IDBank app in more than 25,000 points of sale, and 40% of these belong to regional businesses. We clearly see increased activity in contactless payments in the regions. Through all our products, including banking ones, our teams visit businesses directly—allowing them to access a full range of payment tools without wasting time or dealing with lengthy paperwork, from instant business loans to payroll cards and contactless payment solutions,” he noted.

Vladimir Stepanyan, Head of IDBank’s Kapan Branch, stated that the Bank’s regional branch network has grown significantly in 2024–2025. “We now have branches in Abovyan, Gyumri, Vanadzor, Etchmiadzin, Armavir, Artashat, Hrazdan, and the village of Proshyan. The Kapan branch was opened this year to become more accessible to our clients in the Syunik region. Expanding our branch network in the regions is an excellent opportunity not only to provide more convenient service to individual clients, but also to improve our business customer service. Business clients no longer need to travel to Yerevan to visit a branch. We’re bringing the same high-quality banking services closer to them as those available in the capital,” said Stepanyan.

IDBank offers a wide and diverse range of banking products for both businesses and individual clients. In all its branches, whether in the capital or the regions, clients receive comprehensive information about the products they’re interested in and make well-informed choices thanks to professional consultation.

THE COMPANIES ARE REGULATED BY THE CB OF RA.