Consolidated List · DPRK
DAEDONG CREDIT BANK (DCB)
- Reference
- KPe.023
- Type
- entity
- Committee
- DPRK
- Listed on
- 2016-03-02
- Last updated
- 2022-07-26
- Nationality
- -
- Address
- Suite 401, Potonggang Hotel, Ansan-Dong, Pyongchon District, Pyongyang, Democratic People's Republic of Korea, Ansan-dong, Botonggang Hotel, Pongchon, Pyongyang, Democratic People's Republic of Korea
Also known as
DCB, Taedong Credit Bank, Dae-Dong Credit Bank
Narrative summary
SWIFT: DCBKKPPY. Daedong Credit Bank has provided financial services to the Korea Mining Development Trading Corporation (KOMID) and Tanchon Commercial Bank. Since at least 2007, DCB has facilitated hundreds of financial transactions worth millions of dollars on behalf of KOMID and Tanchon Commercial Bank. In some cases, DCB has knowingly facilitated transactions by using deceptive financial practices.
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