KOREA KWANGSON BANKING CORP

Entity · Pyongyang · 3 linked parties

Record

Kind: Entity
Listed by: United States, Switzerland, Japan (matched across lists by name)
List: OFAC SDN · Specially Designated Nationals (SDN) - Treasury Department
Programs: CH:North Korea, JP:Asset freeze, NPWMD
Address: Jungson-dong, Sungri Street, Central District, Pyongyang, KP
Jungson-dong, Sungri Street
Jungson-dong, Sungri Street, Central District, Pyongyang, KP
Also known as: KKBC; BTSB; BORDER TRADE SETTLEMENT BANK; DPRK BORDER TRADE SETTLEMENT BANK; Korea Kwangson Banking Corporation; KOREA KWANGSON BANKING CORPORATION; ケー・ケー・ビー・シー
Identifiers: Transactions Prohibited For Persons Owned or Controlled By U.S. Financial Institutions:, North Korea Sanctions Regulations section 510.214; Secondary sanctions risk:, North Korea Sanctions Regulations, sections 510.201 and 510.210
Remarks: [CH] 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.
Official records: United States
Switzerland
Japan
Japan