New arrangements for issuing banknotes

Quarterly Bulletin 1997 Q1
Published on 01 March 1997

In March 1996, the Bank announced a major restructuring of its regional activity, which will result in the closure of four of its five regional branches. Simultaneously, the Bank announced an expansion of its industrial and economic liaison role in the regions: agencies will continue to operate from each city where branches are closing, as well as from three new locations. The Bank’s branches have hitherto played an important role in issuing, sorting and receiving notes, and this article describes some consequential changes to these arrangements.

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