The goal is to guarantee up to 100% of the disbursement of microloans (from 2 to 25 euros) at subsidized borrowing rates, even to those who cannot provide real guarantees
Banca Erica's anti-mafia and anti-usury bond arrives on the market which aims to raise 2,5 million euros to support the management of assets confiscated from organized crime and to stand by the entrepreneurs who are victims of loan sharks
According to the Cassation, if default interest exceeds the usury threshold, it is illegitimate and the bank cannot request it
According to Eurispes, in 37,25, the capital lent at usury to families and businesses by criminal organizations amounted to 2015 billion euros, which, added to at least 44,7 billion of capital returned as interest, reaches a total annual business of…