Old Yerevan: IDBank’s New Branch in an Exclusive Format

"Old Yerevan" is the name of the new branch of the innovative IDBank, located in the historic center of the city on Pavstos Buzand Street, designed in an exclusive format.

On the ground floor of "Old Yerevan," IDBank clients can access all major banking services while enjoying leisure activities. The renowned café "PAUL" is also located on this floor, offering a place to enjoy a cup of coffee or a delicious breakfast.

The specialized mortgage center is situated on the lower floor, where clients can receive detailed consultations from experts and obtain a mortgage loan in just 2-3 days.

The premium banking service hall on the second floor of the branch has been created keeping in mind the requirements and convenience of privileged customers. Here you can get personalized financial services, being served in salons equipped with the best technical solutions and comfortable furniture. On the second floor, there is also a separate corporate customer service center, which enables the customer to perform cash and non-cash transactions on a one-stop basis.

According to Mher Abrahamyan, Chairman of the Management Board of IDBank, the goal was not just to create another financial hub, but to offer a unique space in harmony with the spirit of Yerevan. "We decided to establish the “Old Yerevan” branch on Pavstos Buzand Street, where tradition and history blend seamlessly with the modern environment. This perfectly highlights IDBank's essence, which values heritage while striving for innovation. As the leader of digital banking in Armenia, we are continuing our well-received concept of providing multiple services in one location. Following the success of the “Center” branch on Northern Avenue, “Old Yerevan” is our second successful endeavor. In our view, saving clients' time by allowing them to solve several issues at once is the best service we can offer," said Mher Abrahamyan.

Lida Safaryan, Head of the Premium Banking Division and Vice president of IDBank, emphasized their commitment to providing the highest level of client service. "We believe that premium banking is much more than just financial services. It is about relationships, trust, and identifying and meeting the unique needs of each client. On the occasion of the opening of the Old Yerevan branch, IDBank announces the launch of an exclusive promotion: from September 16 to December 31 of this year, preferential interest rates will be in effect on newly made dollar deposits in IDBank for a period of at least 6 months. The Old Yerevan branch will operate on an extended schedule - 7 days a week. We care about our busy customers and are waiting for them from Monday to Saturday: 10:15-21:45, Sunday: 10:15-19:30", - says Lida Safaryan.

The "Old Yerevan" branch also features an IDBanking 24/7 service area. The branch is located at 13 Pavstos Buzand Street.

As of now, IDBank has 15 branches across Yerevan, Etchmiadzin, Vanadzor, Gyumri, Abovyan, and Hrazdan, ensuring accessibility and convenience for clients throughout the country.

THE BANK IS REGULATED BY THE CBA