KOREA KWANGSON BANKING CORPORATION (KKBC)
Overview of KOREA KWANGSON BANKING CORPORATION (KKBC)
| ID | DPR0155 |
|---|---|
| Sanction Regime | The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019 |
| Designation Source | UN |
| Other Information | KKBC provides financial services in support to Tanchon Commercial Bank and Korea Hyoksin Trading Corporation, a subordinate of the Korea Ryonbong General Corporation. Tanchon Commercial Bank has used KKBC to facilitate funds transfers likely amounting to millions of dollars, including transfers involving Korea Mining Development Corporation related funds. |
| Imposed Sanctions | Asset freeze, Chartering of Ships, Closure of representative offices, Crew servicing of ships and aircraft, Prevention of business arrangements, Prohibition of port entry |
| Last Updated | Jan 14, 2022 |
| OFSI Group ID | 12452 |
What alternative names has KOREA KWANGSON BANKING CORPORATION (KKBC) used?
| Name | Title | Name Type | Non-Latin Name | Alias Strength |
|---|---|---|---|---|
| KOREA KWANGSON BANKING CORPORATION (KKBC) | Primary name | |||
| KKBC | Alias |
Where is KOREA KWANGSON BANKING CORPORATION (KKBC) located?
| Address | Postal Code | Country | Email Address | Phone Number | Website |
|---|---|---|---|---|---|
Jungson-dong Sungri Street Central District Pyongyang | North Korea |
Data Source
- The UK Sanctions List
A list maintained by the UK Government that identifies individuals and entities subject to financial sanctions. The list includes information on the reasons for the sanctions and the restrictions that apply. - license: CC0