Banky Foiben’i Madagasikara equips six branches with new systems for decentralised bank note destruction, increasing security and lowering transport costs in one stroke. Hunkeler Systeme AG presented a compelling concept and won the tender.
Up to that point, Banky Foiben’i Madagasikara, the central bank of the island State of Madagascar, had destroyed each and every bank note which was removed from circulation at their headquarters. Now the institute has completed the destruction procedure with a satellite system and has equiped six of the branches spread across the island with new shredding lines. Hunkeler Systeme AG was commissioned with the planning, delivery and installation. Bank notes removed from circulation in the radius of the capital city of Antananarivo continue to be destroyed in that central system. About two years ago, Hunkeler Systeme AG installed a shredder system with a capacity of 800 kilos an hour in this location.