23rd June 2018
National Bank of Ukraine and Crane Currency Sign Agreement on Cooperation in the Field of Currency Production
On June 22 2018, the National Bank of Ukraine Governor Yakiv Smolii and Crane Currency President Annemarie Watson signed the Agreement of Cooperation in the field of currency production. The Agreement signed is a reflection of the shared vision for future cooperation between the NBU and Crane Currency.
This important step in the long-term business relations allows the Banknote Printing and Minting Works of the National Bank of Ukraine to strengthen its global standing as a producer of security paper and banknote printer.
“The National Bank of Ukraine is proud that such a big global producer of security paper, banknotes and banknote security technologies as Crane Currency is interested in cooperation with us. Our Banknote Printing and Minting Works has everything necessary for the complete cycle of cash production: from design to security paper production and banknote printing. In cooperation with Crane Currency we are ready to offer all our expertise and production facilities for production of currency to the order of other countries”, said Yakiv Smolii, Governor of the National Bank of Ukraine.
This document will regulate business relations between the NBU and Crane Currency, in particular placement of production for foreign currencies at the Ukrainian Banknote Printing and Minting Works.
Production of domestic currency and paper for hryvnia and domestic securities remains the top priority for the Banknote Printing and Minting Works.
“Last year during my visit I was impressed by the modern infrastructure, state of the art equipment and qualified personnel of the Banknote Printing and Minting Works. I hope that the Agreement will lay the foundation for extension of our joint long-term projects”, said Annemarie Watson.