Armenia, May 14 -- The European Bank for Reconstruction and Development (EBRD) is scaling up its support for Armenia's micro, small and medium-sized enterprises (MSMEs) with a new US$ 8 million (€7.1 million) financial package for Converse Bank. Backed by the European Union (EU), the Green Climate Fund (GCF) and the Climate Investment Funds (CIF), this financing will help local businesses to enhance their competitiveness while adopting low-carbon and climate-resilient practices.The financial package was agreed by the EBRD's Managing Director for Financial Institutions, Francis Malige, and Converse Bank's CEO, Andranik Grigoryan, on the sidelines of the EBRD's?2025 Annual Meeting and Business Forum in London.Of the total package, US$ 5...