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Cofiter is a mutual guarantee company, founded in 1998 and supervised by the Bank of Italy since 2011. Cofiter operates mainly against its stockholders, most of them located in the Emilia Romagna Region and operating in the sectors of trade, tourism and services. Through Cofiter’s action, SMEs, professionals, self-employed and other guarantee companies can rule out the historical disadvantage in relation with the credit system, by reducing information asymmetry and improving lending conditions.

Type of institution

Microfinance institution