Tuesday, February 3 2026 10:05

When CSR Becomes a Driving Force for Business Development: Lala Bakhshetsyan

When CSR Becomes a Driving Force for Business Development: Lala Bakhshetsyan

ArmInfo.Summary of IDBank’s Corporate Social Responsibility Programs IDGroup concludes 2025 as an organization with a well-established culture of responsible business. Corporate social responsibility (CSR) has long ceased to be a voluntary initiative for the company; it has become a strategic direction on which long-term goals and partnership relationships are built.

According to IDGroup shareholder Lala Bakhshetsyan, CSR is now an integral part of the company’s overall strategy and is deeply embedded in the mindset of every employee. The programs implemented in 2025 demonstrate that CSR not only generates meaningful social impact but also actively contributes to the sustainable development and long-term growth of the business.

CSR Strategy with a Wide Scope of Impact

In 2025, IDGroup implemented a comprehensive CSR strategy focused on the development of financial education and digital literacy, support for regions and SMEs, inclusiveness, addressing social challenges, environmental protection, and employee well-being. The selected priorities stem from the company’s corporate values and are designed to respond to both the current and future needs of society.

The initiatives that delivered the greatest impact during the year were “The Power of One Dram,” “Side by Side,” and “Financially Literate with Idram and IDBank.”

“The Power of One Dram” – an example of joint impact

In 2025, IDBank and Idram financed 12 social programs within the framework of “The Power of One Dram” initiative, with a total volume of more than 60 million drams, and the 5-year amount of the Power of One Dram already exceeds 260 million. The programs implemented in 2025 covered the areas of education, information technologies, inclusive environment, environmental protection, financial literacy, as well as support for war participants and vulnerable groups. Compared to the previous year, the number of user payments increased by more than 20%.

Knowledge Is the Foundation of a Sustainable Future

Financial education and digital literacy are key pillars of IDGroup’s CSR policy. In 2025, the “Financially Literate with Idram and IDBank” campaign reached around 1,500 participants through 25 seminars and webinars. The events were held across all regions of Armenia in cooperation with schools, camps, and educational institutions.

The campaign contributed not only to the development of essential financial skills, but also to raising awareness of fraud prevention. A special role in promoting children’s financial literacy is played by the Junius financial literacy game available in the Idram Junior application: every month, children receive prizes for playing, learning, and strengthening their financial knowledge.

Strong communities, sustainable economy

IDGroup emphasizes the balanced economic development of regions and the empowerment of SMEs. By 2025, the possibility of paying with Idram QR has crossed the threshold of 26,000 points of sale. It is gratifying that 40% of this number is located in the regions. During the year, IDBank expanded its branch network, ensuring a presence in a number of regions, and online banking services are available throughout the republic.

Among the important achievements of the year are Idram’s strategic partnerships with Bybit and Alipay, which enabled tourists in Armenia to make QR payments, contributing to the activation of the trade and hospitality sectors, especially in the regions.

Equal Opportunities for All

Inclusivity is a core value of IDGroup. In 2025, employee training programs and investments of approximately 15 million drams were directed toward the development of an inclusive environment through partnerships with the NGOs “QaylTech,” “Heroes Rehabilitation City,” and “Bridge of Hope.” The impact of these initiatives reached 513 beneficiaries.

Social Support with a People-Centered Approach

In 2025, four initiatives were implemented within the framework of IDBank’s “Side by Side” program, aimed at improving the quality of life of displaced people from Artsakh. The programs included vocational education for Artsakh women, financial literacy courses for schoolchildren, the establishment of a kindergarten in the Syunik region, and scholarship support for Artsakh students. Total investments amounted to tens of millions of drams, contributing to the stabilization of livelihoods and increased self-sufficiency of beneficiaries.

Responsibility Towards Nature

In 2025, IDGroup invested more than 10.4 million AMD in environmental protection initiatives. In previous years, IDGroup companies have planted over 30,000 trees within Armenia’s forest fund. As part of the “Symphonic Forest” project implemented in 2025, it is planned to plant approximately 7,000 additional trees, as well as another 5,555 trees within the framework of a joint initiative carried out together with the Union of Banks of Armenia and all banks operating in the Republic of Armenia. In this context, it is also important to highlight that the development of digital banking and online transactions has significantly reduced the consumption of paper and plastic, contributing to a lower environmental footprint.

Employees at the Heart of the Organization

IDGroup considers its employees its core value. The company implements an equal opportunities personnel policy, offers a wide range of benefits, and provides continuous professional development programs. As a result of IDBank’s IDream educational program, 34 out of 47 graduates joined the bank’s team in 2025.

With New Goals, Towards 2026

In 2026, IDGroup will continue to deepen its CSR policy and expand its impact, focusing on financial and digital literacy, regional development, inclusiveness, green initiatives, and employee well-being, with the aim of contributing to the formation of a more inclusive, educated, and sustainable society.

 

POST A COMMENT
Input digits     


News
Dili Dairy Company to build large livestock-breeding complexDili Dairy Company to build large livestock-breeding complex
Armenia introduces comprehensive risk management system, makes  monetary policy more transparentArmenia introduces comprehensive risk management system, makes  monetary policy more transparent
Chinese ambassador on new impetus to Armenian-Chinese economic ties  and practical cooperation in 2025 Chinese ambassador on new impetus to Armenian-Chinese economic ties  and practical cooperation in 2025 
Trump signs executive order potentially imposing additional tariffs  for countries trading with IranTrump signs executive order potentially imposing additional tariffs  for countries trading with Iran
Mher Grigoryan discussed Armenian-European relations with the EU Special RepresentativeMher Grigoryan discussed Armenian-European relations with the EU Special Representative
Modular nuclear power plants are experimental projects. We need to find other solutions: Energy security expertModular nuclear power plants are experimental projects. We need to find other solutions: Energy security expert
The Armenian Minister of Finance briefed representatives of Credit  Agricole CIB on the macroeconomic situation in Armenia.The Armenian Minister of Finance briefed representatives of Credit  Agricole CIB on the macroeconomic situation in Armenia.
Armenia is open to discussions on the Alliance Free Economic Zone, including with Russian investors, says the Minister of EconomyArmenia is open to discussions on the Alliance Free Economic Zone, including with Russian investors, says the Minister of Economy
There will be no problems with grape procurement – ​​MinisterThere will be no problems with grape procurement – ​​Minister
The Speaker of the National Assembly of Armenia held a meeting with the head of RosatomThe Speaker of the National Assembly of Armenia held a meeting with the head of Rosatom
All targets for intensive agriculture have been achieved – Gevorg PapoyanAll targets for intensive agriculture have been achieved – Gevorg Papoyan
Armenia and Iran are expanding cooperation in energy, transport, and aviationArmenia and Iran are expanding cooperation in energy, transport, and aviation
Turkish Airlines will begin operating flights on the Istanbul-Yerevan-Istanbul route from March 11 – mediaTurkish Airlines will begin operating flights on the Istanbul-Yerevan-Istanbul route from March 11 – media
Armenia`s industrial exports increased by 15% in 2025Armenia`s industrial exports increased by 15% in 2025
Renewable energy projects to be implemented at ZCMCRenewable energy projects to be implemented at ZCMC
Gross fixed assets up in Armenia - ministerGross fixed assets up in Armenia - minister
Armenia`s exports show steady growth without re-exportsArmenia`s exports show steady growth without re-exports
RA ambassador to Italy, Director General of the Italian Trade Agency  discuss trade and economic cooperation RA ambassador to Italy, Director General of the Italian Trade Agency  discuss trade and economic cooperation 
Armenia, UAE sign Agreement on Trade in Services and InvestmentsArmenia, UAE sign Agreement on Trade in Services and Investments
Matviyenko: Trade and economic cooperation with Armenia has reached a very high levelMatviyenko: Trade and economic cooperation with Armenia has reached a very high level
David Khudatyan and Ambassador Maragos discussed issues related to the energy and transport sectors.David Khudatyan and Ambassador Maragos discussed issues related to the energy and transport sectors.
The head of the Armenian Ministry of Finance and the Executive Director of the EFSD signed an agreement on the terms of the Fund`s placement in the territory of the Republic of ArmeniaThe head of the Armenian Ministry of Finance and the Executive Director of the EFSD signed an agreement on the terms of the Fund`s placement in the territory of the Republic of Armenia
The annual discussion of the European Investment Bank`s programs took place in YerevanThe annual discussion of the European Investment Bank`s programs took place in Yerevan
The Ministry of Finance of Armenia and the regional director of KfW discussed the progress of projects implemented with the bank`s supportThe Ministry of Finance of Armenia and the regional director of KfW discussed the progress of projects implemented with the bank`s support
Armenia`s communications sector has slowed downArmenia`s communications sector has slowed down
Հայաստանում էլեկտրաէներգիայի արտադրությունը 2025 թվականին աճել է 6.7%-ովՀայաստանում էլեկտրաէներգիայի արտադրությունը 2025 թվականին աճել է 6.7%-ով
Armenia`s metallurgical industry stagnatingArmenia`s metallurgical industry stagnating
Armenia`s industry records 4.7% growth in 2025 Armenia`s industry records 4.7% growth in 2025 
 Economic activity grows from 8% up to 9.2% in Armenia in 2025 Economic activity grows from 8% up to 9.2% in Armenia in 2025
RA Ministry of Labor and Social Affairs to ensure distribution of  bank cards among low-mobility pensionersRA Ministry of Labor and Social Affairs to ensure distribution of  bank cards among low-mobility pensioners
 Tigran Hakobyan: Notsingle public multiplex company to be profitable  in 2025 Tigran Hakobyan: Notsingle public multiplex company to be profitable  in 2025
RA State Revenue Committee specifies provisions on VAT and income tax  payments RA State Revenue Committee specifies provisions on VAT and income tax  payments 
Every centenarian in Armenia to be paid some $2,500Every centenarian in Armenia to be paid some $2,500
Government establishes quantities and deadlines for commercial fish  and crayfish catches in Lake Sevan in 2026Government establishes quantities and deadlines for commercial fish  and crayfish catches in Lake Sevan in 2026
Soonest launch of EIB-sponsored Armenia: resilient Syunik project  important Soonest launch of EIB-sponsored Armenia: resilient Syunik project  important 
Armenian wine companies to attend FOODEX JAPAN 2026 exhibition in  TokyoArmenian wine companies to attend FOODEX JAPAN 2026 exhibition in  Tokyo
Armenia, India  discuss potential joint projects in scientific  research and experimental developmentArmenia, India  discuss potential joint projects in scientific  research and experimental development
Converse Bank completes initial placement of Armleasing`s debut  bond placement in just one dayConverse Bank completes initial placement of Armleasing`s debut  bond placement in just one day
Russia holds technological edge in SMR fuel recycling,  expert saysRussia holds technological edge in SMR fuel recycling,  expert says
Armenia to become an associate member of  BIPM and a corresponding  member of OIMLArmenia to become an associate member of  BIPM and a corresponding  member of OIML
Armenia to introduce electronic  queuing system for land crossingsArmenia to introduce electronic  queuing system for land crossings
 Finance Ministry, EIB discuss details of co-financing  Caucasus Power  Transmission Grid project Finance Ministry, EIB discuss details of co-financing  Caucasus Power  Transmission Grid project
New bill: Legal challenges won`t halt tender for Armenia`s gambling  sector operatorNew bill: Legal challenges won`t halt tender for Armenia`s gambling  sector operator
Armenia`s inward remittances surge to $5.98 Billion in 2025: Russia  remains dominant sourceArmenia`s inward remittances surge to $5.98 Billion in 2025: Russia  remains dominant source
On the impossibility of making payments via Idram for telecommunication operators’ services and the current situationOn the impossibility of making payments via Idram for telecommunication operators’ services and the current situation
Banking Shake-up: Armenia to introduce new tax legislation amid fee  capsBanking Shake-up: Armenia to introduce new tax legislation amid fee  caps
There are 300,000 job vacancies in Armenia - Labor and Social Affairs  Minister  There are 300,000 job vacancies in Armenia - Labor and Social Affairs  Minister  
Part of payments to be returned to Armenian citizens charged double  for health insurancePart of payments to be returned to Armenian citizens charged double  for health insurance
RA Ministry of Territorial Administration, WB delegation discuss key  infrastructuresRA Ministry of Territorial Administration, WB delegation discuss key  infrastructures
Conditions for career advancement within State Revenue Committee to  change in ArmeniaConditions for career advancement within State Revenue Committee to  change in Armenia
Yerevan highlights cooperation with EIB in economic development  programsYerevan highlights cooperation with EIB in economic development  programs
RA vice-premier, WB regional director discuss Crossroads of Peace RA vice-premier, WB regional director discuss Crossroads of Peace 
Austrian alliance: GRAWE Group takes control of LIGA Insurance to  build regional hubAustrian alliance: GRAWE Group takes control of LIGA Insurance to build regional hub
Life insurance as a strategic growth area for LIGA InsuranceLife insurance as a strategic growth area for LIGA Insurance
No overheating: Central Bank of Armenia keeps steady hand on credit  controlsNo overheating: Central Bank of Armenia keeps steady hand on credit  controls
Armenia`s banking system braced for potential U.S.-Iran conflictArmenia`s banking system braced for potential U.S.-Iran conflict
Converse Bank completes placement of Globbing`s Debut Bonds earlyConverse Bank completes placement of Globbing`s Debut Bonds early
Acba bank launches the new American Express Gold Debit CardAcba bank launches the new American Express Gold Debit Card
Armenia`s Central Bank  to cap acquiring fees from March 1, 2026:  0.5% for local ArCa cards and 0.9% for international cardsArmenia`s Central Bank  to cap acquiring fees from March 1, 2026:  0.5% for local ArCa cards and 0.9% for international cards
 ENA interim manager confirms company`s readiness to fully meet its  financial obligations - Amundi- ACBA ENA interim manager confirms company`s readiness to fully meet its  financial obligations - Amundi- ACBA
Read more
Exchange rates
06.02.2026
RUB4.90-0.03
USD377.70-0.31
EUR445.38-0.18
GBP512.84-0.80
CAD276.00-0.08
JPY24.060.02
CNY54.43-0.03
CHF485.60-0.40