Goznak has manufactured new high-security banknotes for Lebanon04.10.2013

According to the announcement of Head of the Bank of Lebanon (Banque du Liban) Riad Salameh, in September 2013 new banknotes with the face values of 1000 and 100 000 Lebanese pounds with the enforced set of security features were put into circulation in this Middle-East country. The new banknotes were manufactured at Goznak.  
We would like to remind that Lebanese  banknotes also produced at Goznak appeared in the circulation of Lebanon in 2012 and 2011 .  

According to Arkady Trachuk, General Director of Goznak, the information about the production costs of the new Lebanese banknotes is closed, but in general prices at the market vary from 30 up to 150 euros per 1 thousand of banknotes, moreover, the concrete sum depends on a lot of factors: the emission volume, the set of security features, the shipment conditions etc. “As for Russia, we are within the price range too. In our country, just like everywhere else, the issue of banknotes with the low face values is considerably cheaper, and those with the high is higher”, added A. Trachuk.    

Today coins of five face values circulate in the cash turnover of Lebanon (25, 50, 100, 250, 500 Lebanese pounds) and banknotes with six face values (1000, 5 000, 10 000, 20 000, 50 000 и 100 000 Lebanese pounds). All banknotes of the Lebanese pounds are secured with a watermark in the shape of the cedar of Lebanon – the main national symbol of the country.    

We would like to note that now Goznak cooperates with emitters of certain countries of the Middle East, Eastern and South-Eastern Asia, Latin America and Africa as well as printing factories of Europe and North America.
Source: Source: “Plus” Magazine (03.10.2013)
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