Preheat the oven to 375 degrees.
Cut the loaf in half lengthwise. Place the halves on a large sheet of foil.
In a small bowl add the butter, olive oil, garlic, basil, parsley, and salt. Stir to combine.
Spread the butter garlic mixture evenly over both halves of the loaf.
Put the loaf halves back together and wrap tightly with the foil.
Bake in the oven for 5 minute. Turn the covered loaf on to the other side. Bake for another 5 minutes.
Unwrap the loaf and sprinkle with the parmesan cheese and fresh parsley.
Broil on low on the middle rack for 2-3 minutes or until the edges of the bread just start to brown.
Allow to cool enough to handle with your hands.
Slice & enjoy!