IDBank is a modern commercial bank in Armenia, providing a wide range of financial services for private and corporate clients. The Bank is actively implementing innovative solutions, offering its clients convenient and effective financial management tools.
For individuals, IDBank offers a variety of banking products, including debit and credit cards such as Visa Gold, Visa Signature and Visa Infinite. Customers can take advantage of various loan programs, including consumer loans, mortgages, and secured loans.
Corporate clients can use account opening and management services, business loans, as well as various investment products. IDBank strives to support small and medium-sized businesses by offering customized solutions.
One of the key areas of the bank’s activities is the development of digital services. The Idram&IDBank mobile application allows customers to make payments, transfers, and manage their accounts and cards online. This application combines the capabilities of the bank and the Idram payment system, providing users with access to a wide range of financial services in one place.
In 2023, IDBank and Idram merged into the Armenian holding ID Group, which allowed them to strengthen their market positions and offer customers even more innovative and convenient financial solutions. The main shareholder of the bank, Vartan Dilanyan, has been actively investing in the development of digital banking in Armenia since 2016.
The history of IDBank begins on August 1, 1990, when it was founded as a joint-stock commercial bank by enterprises of light industry. In 1996, the bank was registered as Bank Anelik LLC, and in 2007 it was reorganized into a closed joint-stock company. In June 2018, the bank received its current name, IDBank, reflecting its commitment to innovation and digitalization of banking services.