Credito Emiliano S.p.A. is an Italian bank based in Reggio Emilia, Emilia-Romagna. It was founded in Italy 1910. The company is a component of FTSE Italia Mid Cap Index. The company has several internal divisions: Credem Banca, Credem Banca d'Impresa and Credem Private Banking. Credem has been designated in 2015 as a Significant Institution under the criteria of European Banking Supervision, and as a consequence is directly supervised by the European Central Bank. Credem has received widespread media attention because it stores wheels of Parmigiano Reggiano cheese as collateral for loans. Wikipedia