The Economical Foundation of Patto Marciano: A European Perspective (Part I)

Introduction to Patto Marciano: A Comprehensive Analysis In an attempt to overhaul the Italian Bank Credit system, the “Consolidated Banking Act”, also known as “Patto Marciano”, has been ratified by Italian Legislators. It compromises of two parts, Article 120-quinquiesdecies which deals with ‘Consumer’ Loans, and article 48-bis, regulating ‘Corporate’ Loans; passed by the Legislative Decree[…]