Central Bank of Libya announces launch of their first polymer banknote on De La Rue’s Safeguard®

The Central Bank of Libya has launched its 1 Dinar banknote that will be printed on De La Rue’s polymer substrate, Safeguard®. This is the first polymer banknote to be released by the Central Bank of Libya, and one of the first polymer banknotes to be released in the region.

The introduction of polymer as an alternative substrate has been one of the most successful innovations in banknote development in recent years, accounting for a significant reduction in counterfeit rates worldwide.

Safeguard®, De La Rue’s polymer solution, allows for considerably improved banknote security, enabling sophisticated and robust security features to be embedded through design. The integration of original, technically advanced polymer design features ensures the security and durability of the banknote throughout its life.

One of the unique public security features of polymer banknotes is the see-through window. On the 1 Dinar banknote, the complex window design depicts Libya’s iconic resistance leader Omar Mukhtar (1862-1931), making the banknote distinctive and easily identifiable. The new banknote design also includes engravings of the Central Bank building on the front, and the Brega Oil Refinery and the Arch of Marcus Aurelius on the reverse.

The banknote also features De La Rue’s MASK™ feature, which is integrated into the polymer substrate, and has a simple ‘hide and reveal’ effect that cannot be easily replicated by scanning or printing and is highly durable. On the 1 Dinar when you lift the banknote and look at the pattern design the number 1 is then revealed.

Libya-1-(2018)-front-window+mask-detailAbove: Showing window design and MASK™ on 1 Dinar banknote.

The newly launched note also includes a complex UV design feature, Gemini™, intricate patterns, microprint and secure inks.

Commenting on the new banknote, Governor Al-Siddiq Al-Kabeer said:

“We are delighted with the 1 Dinar design and are pleased to be one of the first countries in our region to be using polymer banknotes. We would like to thank De La Rue for their continued support with this project.”


Ruth Euling, Global Sales Director for De La Rue remarked:

“It has been wonderful to partner with the Central Bank of Libya on the development of their 1 Dinar banknote, and we look forward to supporting the Central Bank in the future.”

Libya - 1 Dinar front Libya - 1 Dinar back

Gemini™ is a trademark of De La Rue International

MASK™ is a trademark of De La Rue International

Safeguard® is a registered trademark of De La Rue International

Ends.

For further information, please contact:

Sinead Keller- Head of Media and PR, De La Rue

e. sinead.keller@delarue.com m. +44 (0)7584 155244

About De La Rue:

De La Rue’s purpose is to enable every citizen to participate securely in the global economy. As a trusted partner of governments, central banks and commercial organisations, De La Rue provides products and services that underpin the integrity of trade, personal identity and the movement of goods. As the world’s largest designer and commercial printer of banknotes, De La Rue designs, manufactures and delivers banknotes, banknote substrates and security features to customers in a world where currency will continue to be a key part of the developing payments eco-system.

De La Rue is the only fully integrated supplier of both paper and polymer banknotes, and creates security features that ensure banknotes are protected against counterfeiting. De La Rue is the world’s largest commercial printer of passports, delivering national and international identity tokens and software solutions for governments in a world that is increasingly focused on the importance of a legal and secure identity for every individual. De La Rue also creates and delivers secure product identifiers and ‘track and trace’ software for governments and commercial customers alike to help to tackle the challenge of illicit or counterfeit goods and the collection of revenue and excise duties.

De La Rue is listed on the London Stock Exchange (LON-DLAR). For further information visit www.delarue.com

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