ID Bank CJSC
Armenian universal commercial bank founded in 1990, renamed ID Bank in 2017 and presenting under the new brand from 4 June 2018.
Last updated September 10, 2026
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Overview
ID Bank CJSC is an Armenian universal commercial bank. It was founded on 1 August 1990 by enterprises in the light industry sector as a share-based commercial bank, received its banking license on 10 January 1991, and was registered and began operating as Anelik Bank LLC in 1996. In 2007 Anelik Bank LLC was reorganized into a closed joint-stock company, and by decision of the extraordinary general meeting of shareholders on 22 December 2017 it was renamed ID Bank CJSC, presenting to the public under the new brand name from 4 June 2018. The bank states that its sole shareholder is ID Group CJSC. It describes itself as a universal commercial bank actively participating in and contributing to improving the country's social and economic level, and says it has chosen a path of modernization emphasizing high-quality customer service, innovation, new approaches and digitalization.
History
ID Bank CJSC was founded on 1 August 1990 by enterprises in the light industry sector as a share-based commercial bank, and received its banking license on 10 January 1991. In 1996, Anelik share-based commercial bank was registered and began operating as Anelik Bank Limited Liability Company. In 2007, Anelik Bank LLC was reorganized into a closed joint-stock company. By decision of the extraordinary general meeting of shareholders of Anelik Bank CJSC on 22 December 2017, Anelik Bank CJSC was renamed ID Bank CJSC, and from 4 June 2018 it presents to the public under the new brand name. The bank states that its sole shareholder is ID Group CJSC. It describes itself as a universal commercial bank actively participating in and contributing to improving the country's social and economic level. The bank says it has chosen a path of modernization, emphasizing high-quality customer service, innovation, new approaches and digitalization.
Products and positioning
Universal commercial bank emphasizing modernization, high-quality customer service, innovation, new approaches and digitalization; aims to be the bank of first choice for its customers as Armenia's best innovative bank.
Mortgage refinancing
Refinance mortgage loans by transferring them to IDBank with favorable terms.
Mastercard World travel card
New travel card Mastercard World.
idcoin loyalty points
Loyalty points accumulated from campaigns and various payments; 1 idcoin equals 1 Armenian dram.
IDsalaRy salary package
Salary package with preferential rate loans and favorable card terms.
Rocket Line credit
Credit with repayment up to 60 months, limit up to 10 million drams, without paperwork.
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