The Power of One Dram April Beneficiary: Davitbek Games NGO

YEREVAN, April 10. /ARKA/. The beneficiary of “The Power of One Dram” initiative for April is “Davitbek Games” NGO.

During March, a total of AMD 5,131,381 was raised within the framework of the initiative and directed toward the implementation of the final stage of the “Symphonic Forest” concert. The collected funds were used both for organizing the concert and for the full implementation of the tree-planting program launched last year.

The funds accumulated in April will be transferred to “Davitbek Games” NGO, which annually organizes a one-month military-sports camp in Syunik for teenagers aged 14–17 from different regions of Armenia. The support provided through “The Power of One Dram” initiative will enable the organization to expand its activities and involve a larger number of participants.

According to Tatevik Vardevanyan, Head of Communications and Social Responsibility Programs at Idram and IDBank:

“The NGO’s initiatives contribute to the development of teamwork among teenagers, strengthen their awareness of national values, and encourage active participation in community life. We are confident that this cooperation will have a multifaceted positive impact both on youth education and on community development. In addition, we will conduct financial literacy training sessions for the participants.”

Davit Hakobyan, President of “Davitbek Games” NGO, noted:

““Davitbek Games” and “The Power of One Dram” share the same philosophy. Just as each small contribution within “The Power of One Dram” leads to meaningful change, in “Davitbek Games”, teenagers gain new skills and knowledge every day, ultimately becoming stronger and more well-rounded individuals. We thank IDBank and Idram for supporting our organization within the framework of the initiative.”

To become part of “The Power of One Dram”, simply make payments via the Idram&IDBank app, IDBanking.am and banking.idram.am online platforms, as well as Idram and IDBank terminals. For each payment, the companies will direct one dram to important programs.

THE COMPANIES ARE SUPERVISED BY THE CBA .-0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 26 – November 1)

The financial agenda for the week included a review of bank capital requirements, preparation of a framework for thematic bonds, and the development of a digital financial services infrastructure.

Pashinyan: Armenian citizens received 95 billion drams in income tax refunds in 2025, and 78.6 billion drams in 2026

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

IDBank has issued perpetual coupon bonds for the first time

On November 2, 2026, IDBank will, for the first time, offer registered perpetual coupon bonds through a public offering on the following terms.

Armenia’s fiscal policy in 2027 will restrain aggregate demand: Central Bank Governor

Armenia's fiscal policy in 2027, if economic growth remains slightly above the long-term sustainable level, will have a certain restraining effect on aggregate demand, stated Central Bank Governor Martin Galstyan, presenting the regulator's conclusion on next year's draft state budget to parliament.

IDBank and Idram Hold Financial Literacy Session for Young Chess Players

IDBank and Idram continue their series of financial literacy sessions.

LATEST NEWS

spot_imgspot_imgspot_img