In Italy to apply for a loan, this bank accepts cheese

In a small Italian bank, if you do not have money and you have to apply for a loan, you can present the cheese as collateral. He has accumulated so much cheese that it is worth more than a million and a half euros.

When economic problems press, many resort to the loan application. However, lack of collateral often ends up complicating transactions. However, a small Italian bank accepts a very special and unusual type of product as collateral; cheese .

Of course, this is not a cheese but only parmesan cheese. They have grown so much that they have already valued at 160 million euros. After the crisis struck with the strength of the Italian government began to support small and medium enterprises in the country. Among them are the cheese exporters .

Of course, the bank decided to start this tradition long ago after the crisis. They accept cheese as approval since 1953 when they wanted to encourage the production of businesses in their area. "Doing it is not only essential for their economy, but it is also crucial for this family identity and, ultimately, for the entire region," say producers in the region.

If you liked this note you could also read: The most tender thing you will see today: the viral belly of a child who is learning to swim