On 1 January 1993, Credito Emiliano Holding was formed as the holding company for the bank. According to a research by Mediobanca, Credito Emiliano was ranked the 11th largest bank in Italy by total assets as of 31 December 2015, despite several banking group being included in the research. Octopus Energy Ltd is a company registered in England and Wales.

Parmigiano Reggiano cheese wheels as collateral

At that time the bank also acquired Banca Belinzaghi of Milan, starting its expansion. Founded in 1910 as Banca Agricola Commerciale di Reggio Emilia, the bank changed its name to Credito Emiliano in 1983. Credem has received widespread media attention because it stores wheels of Parmigiano Reggiano cheese as collateral for loans.

Carta di credito Ego Classic 4

According to the case, "Eighteen-month cheese gives pasta zing. Thirty-six-month cheese makes angels sing." The reason behind this is that Parmigiano Reggiano cheese not only holds its value, but it actually increases in value, because the more the cheese ages, the more delicious and valuable it becomes. In fact, the bank itself is actually backed by the wheels of Parmigiano Reggiano, rather than bars of gold like conventional banks. In 1999, the bank was ranked 8th in terms of branches on Sicily island.

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• In order to provide you with the latest digital energy web services you need to use the latest and greatest web browsers.
• The company is a component of FTSE Italia Mid Cap Index.
• According to the case, “Eighteen-month cheese gives pasta zing. Thirty-six-month cheese makes angels sing.”
• Octopus Energy Ltd is a company registered in England and Wales.
• In 1999, the bank was ranked 8th in terms of branches on Sicily island.

Credito Emiliano has received widespread publicity from major organizations such as Forbes, because they hold wheels of Parmigiano Reggiano cheese as collateral for debt, as opposed to holding assets such as gold. Try our easy guide to fixed and flexible tariffs. Or if you're an existing customer and you want to astrozino casino registration switch tariffs, go to change my tariff on your online account dashboard. Pop in your postcode to get a full list of our available and historical tariffs, and a price breakdown of each. If you're already one of our customers looking for help with anything from bills and payments, to prepayments or you have questions about our business tariffs then we have the answers.

• According to a research by Mediobanca, Credito Emiliano was ranked the 11th largest bank in Italy by total assets as of 31 December 2015, despite several banking group being included in the research.
• Credem has received widespread media attention because it stores wheels of Parmigiano Reggiano cheese as collateral for loans.
• Try our easy guide to fixed and flexible tariffs.
• Or if you’re an existing customer and you want to switch tariffs, go to change my tariff on your online account dashboard.
• Credito Emiliano S.p.A. (Credem) is an Italian bank based in Reggio Emilia, Emilia-Romagna.
• The reason behind this is that Parmigiano Reggiano cheese not only holds its value, but it actually increases in value, because the more the cheese ages, the more delicious and valuable it becomes.

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The company is a component of FTSE Italia Mid Cap Index. Credito Emiliano S.p.A. (Credem) is an Italian bank based in Reggio Emilia, Emilia-Romagna.

Are you an existing Octopus Energy customer?

Here's what to do if you've got no gas or electricity. You will connect to a BSL interpreter via live video chat, then they'll ring through to our energy specialists to relay your question. In order to provide you with the latest digital energy web services you need to use the latest and greatest web browsers. The Maramotti family, through Max Mara Finance S.r.l, still controls a majority stake in Credito Emiliano Holding, and therefore in the bank itself. The largest shareholders of Credem Holding were Cofimar S.r.l. and Max Mara Finance S.r.l., which in turn owned 29.44% and 8.30% stake of the bank respectively.