Bank of Mexico opens second banknote printing plant

Existing facility has reached capacity and cannot keep up with banknote demand, says governor

The Bank of Mexico
Daniel Hinge

A second banknote printing facility run by the Bank of Mexico opened on November 7, almost 50 years after the first facility began operations.

The central bank started the project in 2010 following signs the country’s existing facility was reaching production capacity.

This new factory will allow the Bank of Mexico to keep up with the increased demand for banknotes, governor Alejandro Díaz de León said in a statement.

The new facility will also reduce the central bank’s cash management risk

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.