IDBank

IDBank is a leading commercial bank in Armenia, offering innovative B2B and B2C services. The company prioritizes customer security and comfort, creating a banking space designed around their needs. Its mission is to deliver personalized digital solutions that enhance Armenia's banking landscape.

In 2016, the Bank increased its share capital by required AMD 21.8 billion and brought in new shareholder Vartan Dilanian as the Chairman of the Council. Currently, IDBank's shareholders represent a synergy of middle eastern and northern tradition as well as expertise on the local market. On June 4, 2018, the bank rebranded to “ID Bank”.

Contact us: [email protected]

Industries: Financial Services, Payments, Banking

Founded: 1990

This solidifies IDBank's position as an innovative and customer-centric player in the Armenian banking sector, and its recent increase in share capital and changes in leadership demonstrate a commitment to growth and adaptation. However, further information on its headquarters, last investment, and investors is needed to assess its current trajectory and potential for future investment.