Armenia, Dec. 11 -- Companies in Armenia are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD) extends a €97 million financial package to Inecobank, one of the country's leading financial institutions. The new financing will help expand lending to local businesses and includes targeted support for displaced Armenians backed by the European Union (EU).Under this package, Inecobank will receive a €90 million loan to on-lend to private-sector clients. The facility aims to strengthen the role of micro, small and medium-sized enterprises (MSMEs), improving access to finance, boosting their competitiveness and resilience, and encouraging sustainable lending practices. At least...