Chairman of the Board of IDBank, Mher Abrahamyan, gave an
interview to the world-renowned newspaper Khaleej Times. In his interview, he
discussed the importance of the digitalization of IDBank’s services,
international partnerships, new products, future goals, and other key topics
related to the Bank’s development.
In particular, Mher Abrahamyan noted that more than 90% of
IDBank’s services are now provided online, through digital channels. At the
same time, the Bank maintains a wide network of ATMs and terminals both in
Yerevan and in the regions to support cash needs.
“IDBank is also the leader of the Armenian QR payment
ecosystem, in cooperation with Idram. We were the first in Armenia to introduce
the ‘Buy Now, Pay Later (BNPL)’ product. Our customers can make purchases, use
this payment option, receive refunds and bonuses — all within one ecosystem,”
Mher Abrahamyan said in the interview.
He also emphasized the Bank’s growing cooperation with
international partners, particularly noting the strengthening ties between the
UAE and Armenia. In recent years, collaboration has expanded in sectors such as
tourism, finance, energy, and agriculture. In addition, IDBank’s partner, Idram,
has recently announced a partnership with AliPay+, enabling tourists visiting
Armenia to make QR payments at around 25,000 points of sale.
You can read the details of the interview in the Khaleej
Times article.
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