Friday, March 12, 2010

Peruri raise IDR626 billion loan

The state-owned securities paper and bank note printing company (Perum Peruri) raise IDR626 billion loan from PT Bank Negara Indonesia Tbk. The loan will be use for buy money printing machine to increase production capacity.
Peruri has sought cooperation on bank note and securities paper printing in some countries in Africa and Latin America to grow the business expansion this year.
Peruri has so far been credible for printing Nepalese bank note through Nepal Rastra Bank ranging from the least denomination of Rs5 up to Rs1,000.
Peruri also prints Nepalese securities paper like MRP Passport. Such securities paper printing will also be developed through some other countries like Malaysia and Sri Lanka.
Peruri has some prominences in design and print of bank note and securities paper by improving feature or identification attached to the bank note which minimizes the fraud.

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