" The credit system, to be even more effective in combating the phenomenon wear, should "go back to reflect on the desirability of establishing an administrative bank rate threshold". In support thereof, at a hearing in the Senate, the vice general manager of Bank of Italy, Giovanni Carosio. And 'yet another outrageous stroke of a pen, once again required by the Bank of Italy to remedy the scandalous behavior of the banks which, despite the law 108/96 which imposes limits beyond which the loan becomes usurious, rates have continued to practice exaggerated the current account plus the maximum overdraft fee more than doubled quarterly. Law 108/96 was approved by the center-left government after a long mobilization of citizens and small business owners "strangled by the banks, led dall'Adusbef, he did submit a text mediated by French law in the House and Senate, groped to curb the excessive power of lenders in addition to the rates charged on loans and bank loans, practiced the compound interest (capitalized quarterly), with an increase in the CSM (overdraft) that in some cases doubled the rates applicati.I rate threshold, contrary to the assertions of Bank of Italy with the aim to save again, "bankers friends" investigated by public prosecutors for the crime of usury, have distorting effects on the credit market, but the picture of interest rates, by type loan, charged by banks in the quarter preceding the survey increased by fifty percent, for example if the average loans for the transfer of salary is 20 per cent in October-December quarter, the rate not to exceed the threshold January-March quarter is 30 per cent. But Bank of Italy, is not outrageous charge rates of 20 percent ultra-guaranteed loans with zero pain, such as the transfer of salary, compared to the ECB rate of 3.75 percent, which bring millions of families at risk of insolvency it is not-able proofs that Italian banks do the "peak rate", practicing wise than the 2.25 per cent on consumer credit and of 0.80 percent more than the borrowers than the European average, but it is regrettable that the law requires you to monitor those rates! The perverse and scandalous, are not the mechanisms of the law 108/96 that "would preclude access to credit to marginal customers pushing it into the hands of loan sharks, "but defended the office of a bank by the Bank of Italy, but that would have a duty to ensure compliance with the law but that it is deployed, even worse that the administration Fazio, in favor of 'function of a banking system expensive, inefficient, abusive and arrogant. It would be tragic for a center-left government to accommodate, once again, the wishes of the banks and a Bank of Italy, which should at least be charged for the crime of aiding and abetting aggravated and continued to the banks and against the general interests of consumers and the country.
Elio Lannutti (President Adusbef) Rome, 28/03/2007 
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