The Black Sea Trade and Development Bank (BSTDB) and IDBank sign a new financing package worth €10 million to support small and medium-sized enterprises (SMEs) and cross-border trade in Armenia. Both outlets describe the partnership as aimed at expanding businesses’ access to finance. The agreement is presented as part of efforts to enable additional funding for Armenian companies engaged in trade and related economic activity. Under the arrangement, the resources are intended to help SMEs obtain financing and to facilitate trade flows that depend on import-export operations and broader regional commercial links. The reports characterize the deal as a cooperation between an international lender, BSTDB, and Armenia’s IDBank, with the stated focus on strengthening credit availability for the private sector. No additional details on the exact instruments, such as loan terms or specific program structure, are provided in the excerpts. Overall, the coverage agrees that the €10 million package is designed to bolster SME financing and support trade in Armenia through enhanced financial intermediation.