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Banknote Printers

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Státní tiskárna cenin (Czech Republic banknote printing)

The origin of Státní tiskárna cenin, s. p. (STC) is connected with the establishment of the independent Czechoslovak Republic. The emergence of the country triggered the need for its own monetary system and production of banknotes. There was no specialised facility for the production of banknotes in Czechoslovakia. The first Czechoslovak banknotes were issued in 1919 and 1920. Lower denominations were printed under state control in several Czech printing facilities, while higher denominations were produced abroad. The state aimed to secure the entire production of Czechoslovak paper money in a local facility with the desired quality. A new printing facility for banknotes was built between 1924 and 1927. The newly established Czechoslovak National Bank launched the production of banknotes in the new facility in January 1928.