IDBank and Idram have summed up the results of the next program of the “Power of one dram” initiative: the entire amount of “one drams” collected in May and June of this year, 9,107,498 drams, was transferred to the “Children of Armenia” fund.

Director of Idram Arsen Kdenyan says that education is one of the priority areas of corporate social responsibility of IDBank and Idram.

“This is another program of companies aimed at developing education in Armenia and especially in the regions. Together with the Children of Armenia Foundation, we believed that by raising one child, we can build a stable and secure future for our country,” notes Arsen Kdenyan.

The bank said “The Power of One Dram” initiative is 2 years old, and during this time more than AMD 85 million was transferred to various foundations that carry out important activities in Armenia.

•    AMD 9.107.498 to "Children of Armenia" fund
•    AMD 10,757,867 to “My Forest Armenia”
•    AMD 9,808,684 to “City of Smile Charitable Foundation”
•    AMD 9,328,753 to “Teach for Armenia Educational Foundation”
•    AMD 8․057․944 to “Health fund of Armenian Children”
•    AMD 3,701,910 to “Vahe Meliksetyan Foundation”
•    AMD 6,925,000 to “Insurance Foundation for Servicemen”
•    AMD 8,648,000 to “Viva Foundation”
•    AMD 6,962,504 to “Rehabilitation Center of the Homeland defender”
•    AMD 3,603,291 to “Insurance Foundation for Servicemen”
•    AMD 2,521,255 to “Hayastan All-Armenian Fund”
•    AMD 5,034,750 to schools of border villages of Tavush and Lori.

“Become a goodwill ambassador of “The Power of One Dram” by simply making a payment using the Idram&IDBank application, Idram.am and IDBanking.am online platforms and terminals of both companies. Using the Idram&IDBank application, you can make payments at more than 10.500 outlets, more than 900 online stores, as well as for more than 400 services available in the system,” the bank said in a news release.
Companies are controlled by the CBA