Yerevan, 26.November.2025,
00
:
00
BREAKING


"The Power of One Dram" initiative turns 3: more than AMD 128 million to more than 20 funds

SOCIETY

The initiative of Idram and IDBank "The Power of One Dram" is already 3 years old. During this period, the companies have collected more than AMD 128 million to more than 20 funds and contributed to the implementation of strategically important projects. According to Mher Abrahamyan, Chairman of the Board of IDBank, “The Power of One Dram” initiative during this period proved to be a successful program of corporate social responsibility.

“First of all, we are grateful to our users who use the Idram&IDBank application not only for its convenience and speed, but also for understanding that for each of their payments we transfer 1 AMD to funds that do important and valuable work for our country. We are extremely grateful that our users are carefully following which funds become our beneficiaries. Moreover, we wanted to thank our partner funds for making a great contribution to the development of important sectors in our country: healthcare, education, defense, environmental protection,” says Mher Abrahamyan.

According to Idram director Arsene Kdenian, the initiative "The Power of One Dram" developed greatly. “I am glad that just a few days ago we announced the launch of the “The Power of One Dramik” initiative. As already known, the Idram Junior application, which is intended for youngsters under 16, has already been launched. With Idram Junior, our young users can not only make contactless QR payments, charge their phones and make transfers, but also become part of charity. We are now transferring 1 dram per initiative for each payment of our young users,” says Arsene Kdenian.

“The Power of One Dram” initiative continues, and the whole amount collected in June will be directed to improvement and equipment of the territory of the annual “Hayordi” camp.

According to Vache Vardanyan, the coordinator of “Hayordi” camp, children who lost their parents as a result of the war from all over the territory of Artsakh and Armenia, as well as children resettled from Aghavno and Berdzor, will take part in the camp.

"The Power of One Dram" supported:

  • Schools in the border villages of Lori and Tavush,
  • Hayastan All-Armenian Fund,
  • Insurance fund for military personnel,
  • Homeland defender’s rehabilitation center,
  • VIVA Foundation,
  • Vahe Meliksetyan Foundation,
  • Health fund for children of Armenia,
  • Teach for Armenia Foundation,
  • City of Smiles Foundation,
  • “My Forest Armenia” organization,
  • "Children of Armenia" foundation,
  • “QaylTech” Company,
  • Rehabilitation City of Heroes,
  • "4090" fund,
  • "Aren Mehrabyan" Charitable Foundation,
  • Music for the Future Foundation,
  • Installation of water heaters in the villages of Artsakh,
  • A program to identify the professional potential of war veterans,
  • Road of Life organization,
  • "Hayordi" camp.

IDBank and Idram transfer 1 dram for “The Power of One Dram” initiative when paying through the Idram&IDBank application, online platforms Idram.am, IDBanking.am, terminals of both companies. Each of us can become a goodwill ambassador!

And yes, it all started with just one dram.

COMPANIES ARE CONTROLLED BY CBA

IDBank: A Pioneer of Digital Banking and Innovation in ArmeniaGRAWE Group and C-Quadrat Investment Group have announced plans to acquire 100% of LIGA Insurance Company in Armenia Ucom Supports the Annual “Capture the Flag 2025” Cybersecurity Competition Financially Literate with Idram and IDBank: Next Stop – Nairi CampIdram received a permit to establish and operate the Armenian payment and settlement QR system IdramNetUcom Completes the Deployment of its 5G Network Across All Cities of Armenia Firebird, Inc. Secures U.S. Export License and Announces Dell Technologies as a Technology Partner, Establishing Major Milestones in Armenia’s AI and Digital FutureIDBank Receives Permission to Open a Representative Office in the United StatesRoboTon 2025 Competition Held with Idram’s Sponsorship“Armenian potential in Spain: Arman Mayilyan as a guest on the ‘Armenian Diaspora Communities’ program.” Final Results of the 20th Annual International Microelectronics Olympiad AnnouncedUnibank's VISA DIGITAL cards are now free Arca National Payment System, Bank of Georgia and Ameriabank Signed a Memorandum of UnderstandingIdram has been awarded the prestigious “Beyond Payments Awards” by Ant InternationalSTEM Acceleration Award 2025 Held with Idram’s SupportSolar Power is Generated in Kechut Community Through the Efforts of Ucom and SunChild Idram Announces Partnership with WeChat PayAraratBank: Transfer Your Mortgage Loan and Repay It on Attractive Terms: JOIN US“The Power of One Dram” as the Main Supporter of the National Hackathon AI4Biodiversity: AI Solutions for NatureSpeed-Mentoring Event Accelerates Green Innovations within the Ucom Fellowship Program Ucom Supports the Development of High-Tech Education in Armenia Dalan Technopark announces its first bond issuance. Placement Partner is Cube InvestIdram Junior Participants Receive Prizes: The First Junius Financial Literacy Competition ConcludesLusine Yeghiazaryan joins the Board of Trustees of the Music for the Future Foundation5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathonUcom’s Green Initiative Reaches Urtsadzor AraratBank Honoured with STP Award by Commerzbank AG Compelling Business Loan Offer from AraratBank: JOIN US AraratBank – Title Sponsor of Urartu Football Club The interview of Mher Abrahamyan, Chairman of the Board of IDBank, to Khaleej TimesAmeriabank’s Corporate Loan Portfolio Surpasses AMD 1 Trillion Arman Vardanyan, the leader of the «Unity» movement, participated in an event dedicated to Armenia’s Independence Day, held at the Cathedral of Monaco (video, photos) AraratBank and Théâtron Festival Bring Smiles to Little OnesOpportunities and Prospects for Cooperation Between Business and the Banking System in Syunik Region – IDBankThe Largest 5G Coverage in Armenia: Ucom’s Network Now Reaches More Than 94% of the Population "You Choose the Destination": New Promotion for AraratBank Mastercard World Travel CardholdersYoung Musician from the “Born in Artsakh” Program, Arsen Safaryan, Performed at the Anniversary Concert of the “Artis Futura” Foundation with the Moscow “Russian Philharmonia” Symphony OrchestraNew Campaign Ahead of Savings Day: IDBank Think beyond today. Why save?Ucom General Director Ralph Yirikian Presented His Vision for Telecommunications in the Era of AI The Armenian UBPay system partners with iSend remittance global service Connected, Convenient, Converse: Andranik Grigoryan Presents Converse Bank’s Digital Transformation Journey at the BACEE Conference IDBank - Silver Sponsor of BACEE’s 50th Jubilee International Banking Conference With the support of IDBank and Idram, the “Symphonic Forest” project was launched Ucom Supports the Development of a Safe and Trusted Digital Environment in Armenia Young Musicians of the “Born in Artsakh” Program Bring the Voice of Artsakh to MoscowSuren Parsyan to Represent Armenia at “Sagarmanthan: The Great Oceans Dialogue 2025” International ForumPay at cafés and bars with Idram&IDBank and earn lots of idcoinsUnibank Launches Online Queue Booking SystemWith Unibank’s Sponsorship Armenia Hosts Open Rock Climbing Championship