Ucom Supports Youth Environmental Education Ucom Supports the Next “SunChild” Festival in Armenia France defense minister: Armenia will be provided with short-, medium-range missiles if necessary Kremlin: Armenia has not officially notified about CSTO membership suspension MoD: Armenia army did not fire at Azerbaijani positions With the support of Ucom, the 18th annual international microelectronics olympiad was held AMD 3,500,572 to the “SOS Children’s Villages” Armenian Charity Foundation IDBank’s new offer for business With Ucom’s Level Up tariff plans subscribers have unlimited access to Netflix, Duolingo and Zoom During EURO 2020 Ucom subscribers to take part in the uMeter voting and draw Let’s weave kindness: The “Power of one dram” initiative is one year old. On June 1, events were held with the financing of IDBank 

The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra Sign a Memorandum of Cooperation

Socity

As previously reported, the beneficiary of “The Power of One Dram” initiative for the month of October is the "My Forest Armenia" NGO, with its unique and symbolic project “Symphonic Forest.” The idea of reforestation was initiated by the artistic director of the Armenian State Symphony Orchestra, Sergey Smbatyan. The orchestra is celebrating its 20th anniversary season in this exceptional way.

Before this impressive and memorable event, the partnering organizations gathered at IDBank to sign a memorandum of cooperation.

As a result of this collaboration, a new forest will be created in Armenia, symbolizing the continuity of life and the eternity of art. The reforestation process will be carried out by the NGO “My Forest Armenia.”

“Creating a forest is ten times more difficult than building a ten-story building. This cooperation is very symbolic, but also a wonderful idea, and we are very happy to be a part of it,” noted Andre Gumuchdjian, founder and director of “My Forest Armenia” environmental NGO.

For Sergey Smbatyan, artistic director and principal conductor of the Armenian State Symphony Orchestra, this is a significant moment, as an idea he has long contemplated is becoming reality:

“I’m very happy that my good friends—IDBank and Idram—joined this initiative, because ‘Symphonic Forest’ raised many questions for people, but soon the forest will be there, and people will see how a forest can take the image of a symphonic orchestra.”

Mher Abrahamyan, Chairman of the Executive Board of IDBank, stated:
“The idea behind ‘The Power of One Dram’ is that even the smallest contribution can bring about great change. We already have several successful collaborations with ‘My Forest Armenia,’ through which over 30,000 trees have been planted in Armenia. This time, we will plant trees in the ‘Symphonic Forest’ to commemorate the 20th concert season of the Armenian State Symphony Orchestra. We’re very happy to be part of this beautiful, important, and memorable event because the ‘Symphonic Forest’ combines not only nature and classical music but also serves as a brilliant example of how important ideas can be united to benefit future generations and Armenia’s nature.”

For Arsen Kdenyan, Director of Idram, the idea itself is inspiring. The fact that around 6,000 trees will be added to the forest thanks to “The Power of One Dram” speaks not only to the importance of environmental protection but also to public responsibility and unity:

“We believe that every dram contributed, every tree planted, every step toward a greener Armenia has a long-term impact.”

As a reminder, on October 23, the orchestra will hold a concert to celebrate the founding of the new forest, with IDBank also serving as the sponsor. By purchasing a ticket, the audience is essentially planting a tree in the "Symphonic Forest." Each purchased ticket will result in at least one tree being planted.

To participate in the good deeds of “The Power of One Dram,” all payments must be made via the Idram&IDBank app, the online platforms IDBanking.am and banking.idram.am, or through Idram and IDBank terminals. For every payment, the companies will contribute one dram to important initiatives.

THE COMPANIES ARE REGULATED BY THE CENTRAL BANK OF ARMENIA

Ucom Launches Fixed Network Services in Zovuni 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 Free Style issues Armenia’s first corporate bonds in the fashion retail sector, placed by Cube InvestUnibank Completed the Placement of Its Third Issuance of Perpetual BondsScholarship for 100 Artsakh Students as Part of IDBank’s “Side by Side” Program The results of the second Junius financial literacy competition have been summarized From idea to implementation: Ameriabank Presents the Programs Implemented under My Ameria, My Armenia CSR Campaign Ucom and SunChild Launch the “Smart Birdwatching” Educational Program AraratBank Supports Digitization of "Karin" Scientific Center ArchiveWelcome to the ID booth: Big Christmas MarketWidest 5G Coverage, the Launch of the Uplay Platform, and the Integration of Cerillion: Ucom Summarizes 2025 Ucom and Armflix Present “13 Seconds” at KinoPark How to Choose a Career Path and What Skills are Considered Crucial: AraratBank on the GoTeach Platform Unibank Issues a New Tranche of Perpetual Bonds with 13.75% Coupon Unibank Became a Member of BAFTThe December beneficiary of “The Power of One Dram” initiative is the “City of Smile” Foundation EBRD lends US$ 40 million to Acba bank for youth-led firms in ArmeniaHeading Into 2026 at Ucom Speed։ New Year Offers Are Now Live Bvik and Idram Standing by Young ReadersIDBank participated in the conference dedicated to the 10th anniversary of the Armenian Institute of Directors AxelMondrian Wins Three Major International Awards for Branding, PR and Film Production in 2025Ucom Promotes Space Engineering Education Global Finance names AraratBank Best Sub-Custodian Bank 2025 in ArmeniaAraratBank Participates in “Women’s Empowerment Principles in Armenia” Conference Unibank’s Perpetual Bonds Were Acquired in Nearly One Day Acba bank and France’s Proparco to continue strengthening their long-term strategic partnershipTeam Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia Unibank Issues the First in Armenia Perpetual Bonds Team Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia AraratBank Joins Armenia's New Greening Initiative: 100 Hectares of New Forest within Three YearsApply for a Unibank salary card and get a chance to win 1 000 000 AMD