New currency of Italy! Interesting facts about Parmesan

Every person at least once in a life turned to the services of a bank. The range of banking services is very extensive., mostly the majority of customers go to the bank or to store funds, or to get them - a loan. The procedure for obtaining a loan is no secret, all banks work on this principle. But where, without exception to the rules,?! This exception was made in an Italian bank - Credito Emiliano (Credit Emiliano), where instead of currency they pay with cheese. This principle of the bank is very unusual., but very necessary for Italian cheese makers and the production of Parmigiano-Reggiano cheese (Parmigiano Reggio).

Parmesan Cheese Acts as Italy's Currency:

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Due to reduced production of Parmesan cheese, Cheese Bank operates in Italy. Instead of currency in this bank, payment is made with cheese heads. The amount of cheese stored there is amazing: on average about 300 000 heads, weight of each 14 to 50 kilogram. The bank's noble goal is to support the production of Parmesan cheese. A simple mechanism, when cheese makers need money, they pledge cheese and get a loan just under 3%. Despite, that the bank doesn’t keep the money robbed him already 3 times. The thing is, that Parmesan cheese is one of the most expensive varieties, and its total amount in the bank is estimated at about 200 000 000 euro.

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