Categories: economy

The national Bank will print money for other countries

Crane Currency nearly 140 years, supplying banknote paper for making currency of the United States of America.

The national Bank and the company Crane Currency signed an agreement on cooperation in the field of manufacturing of banknotes.

“Our mint has a full cycle of manufacturing from design to production of secured papers and printing of banknotes. In cooperation with Crane Currency we are ready to offer all its experience and production capacity for the manufacture of banknotes on behalf of other countries”, – said Chairman of the NBU Jacob Smoliy.

According to him, the national Bank is proud to be such a powerful, global manufacturer of banknote paper, banknotes and security technologies of money as a company to Crane Currency, is interested in cooperation with him.

The President of the company to Crane Currency Annemarie Watson, in turn, noted that during last year’s visit were amazed at the modern technology base and technological capabilities and professional qualities of the workers of the banknote printing and minting works. “So I hope that this agreement will be the basis for expansion joint long-term projects,” she said.

The document seeks to resolve the business relationship between the National Bank and the company Crane Currency, which gives the possibility of placing foreign orders on production capacity of Ukrainian banknote printing and minting works.

The main priority for banknote mint is manufacturing of the national currency, banknote paper for her and domestic securities.

As you know, Crane Currency is a well-known global company and a reliable partner of more than 50 Central banks (US, UK, Sweden, Mexico, Nigeria, Malaysia, India and others), which delivers secure banknotes, banknote paper and security elements.

© 2018, paradox. All rights reserved.

paradox

Share
Published by
paradox

Recent Posts

Ukraine must defeat Russia to join NATO – Zelensky

Ukraine needs to defeat Russia on the battlefield in order to be admitted to NATO,…

3 hours ago

Russia hits Ukrainian military HQ – MOD

Russia has carried out a strike on the Ukrainian military headquarters commanding troops in the southern…

12 hours ago

Russian defense chief inspects new anti-drone weaponry (VIDEO)

Russian Defense Minister Sergey Shoigu has met with top military officials to discuss the battlefield…

21 hours ago

Palestinians chase away German diplomat (VIDEOS)

The German ambassador to the Palestinian Authority has been hounded by an angry mob and…

1 day ago

White House mulls Russian uranium ban – Bloomberg

The Biden administration is considering a ban on enriched uranium from Russia using the president’s…

2 days ago

Pro-Palestine protesters arrested at Texas university (VIDEOS)

State troopers used pepper spray and stun grenades as they arrested dozens of pro-Palestine protesters…

2 days ago