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Consolidated List · DPRK

KOREA KWANGSON BANKING CORPORATION (KKBC)

Reference
KPe.025
Type
entity
Committee
DPRK
Listed on
2016-03-02
Nationality
-
Address
Jungson-dong, Sungri Street, Central District, Pyongyang, Democratic People's Republic of Korea

Also known as

KKBC

Narrative summary

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.

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