€1.50
THURSDAY 20 APRIL 2023 • ISSUE 202
WWW.BUSINESSTODAY.COM.MT
PAGE 3
PAGES 4 & 5
PAGE 2
Malta airlifting 180 million
1,000 peso banknotes to
Argentina ahead of election
IHI forced to
repay in full
Russian bank
loan of €40
million due
to sanctions
DIZZ nets 76%
return on €2.3m
Laguna sale
PAUL COCKS
MALTA will be airlifting 180 million
banknotes of 1,000 peso denomination
to Argentina in the coming weeks, as
the South American country finds itself
unable to meet banknote demand ahead
of the general election in October, Busi-
nessToday has learned.
Argentina's mint, Casa de la Moneda,
cannot keep up with the Central Bank's
(BCRA) requests for new banknotes, and
will start importing them from Paris and
Malta.
In Malta, Swedish company Crane Cur-
rency has won a tender to print and de-
liver 180 million 1,000 Pesos banknotes.
e total cost of the tender is under-
stood to be around $22.15 million,
France's Oberthur will print and deliver
another 80 million banknotes for $9 mil-
lion.
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