Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
The FINTECH360 conference will be held in Yerevan from April 27 to 29 AraratBank Partners as General Sponsor of 4090 Charity Foundation's Five-Year Milestone EventAraratBank Takes the Lead in Brand PR Performance Unforgettable Moments and a Profitable Offer at Myler. Idram&IDBank Idram Summarizes 2025The Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity Foundation Converse Bank Successfully Completes Globbing Bond Placement Why the Pressure on Vahe Hakobyan Continues Ucom Introduces Hecttor AI to Improve Call Center Communications The Armenian Apostolic Church: Refutation of a False Premise Vahe Hakobyan Is Being Politically PersecutedIdram employees are the Secret Santa Claus for the students of the Orran Day Care CenterAraratBank Donates AMD 8 million to the Reconstruction of the Spandaryan CanalUnibank Launches Gift Cards New Education Platforms through Cooperation between AraratBank and Aren Mehrabyan FoundationTech Innovator and Winemaker Adam Kablanian Joins the Board of Trustees of the “Music for Future” FoundationUcom Reopens Sales and Service Center on Tigran Mets Avenue AraratBank Receives Visa Trusted Partnership Award 2025 Secret Santa at idplus: Anonymous Gift CardsWe condemn the unlawful actions by Armenia’s Gov. against the Armenian Apostolic Church. Jan Figel
All Timeline »
Society

IDMerch: IDBank’s New Loan

IDBank has exciting news for businesses! The bank is now offering its corporate clients a new IDMerch business loan/overdraft, designed to meet their financial needs.

A key feature of IDMerch is that the loan or overdraft is based on the business’s turnover through POS terminals or the Idram QR/online payment system.

Tigran Mkhitaryan, Director of Corporate Banking at IDBank, shared that the team has put significant effort into creating this product to provide greater opportunities for businesses.

“IDMerch lending is now accessible to more businesses. Thanks to this product, various legal entities and individual entrepreneurs will be able to access loans under better conditions and more quickly. This will contribute to the growth and stability of small and medium-sized businesses,” said Tigran Mkhitaryan.

The loan/overdraft amount can be up to ten times the turnover processed through POS terminals and/or Idram QR/online checkout payment systems. Additionally, the financial analysis process for businesses is simplified and conducted quickly within short timeframes. This means corporate clients, especially small and medium-sized businesses, can access funding without lengthy procedures, making quick lending easier than ever.

Businesses can also choose the loan/overdraft currency—AMD or USD. The loan/overdraft offers flexible repayment terms of up to 60 months, with no disbursement fee. Additionally, for overdrafts, a grace period of up to 45 days for interest payments may be provided.Learn more about the offer here.

COMPANIES ARE SUPERVISED BY RA CBA