KORYO COMMERCIAL BANK LTD.
Sanctioned entityChina. Named in 2 sanctions listings.
Summary
North Korean bank involved in multiple joint ventures.
Annex XXXIV (p. 121) of the UN Panel of Experts March 2014 report notes that the BIC changed from KCBKPPYXXX to KCBKKPP1XXX.
Sanctions and listings2
- Listed
- 29 Jun 2018
- Effective
- 26 Sep 2017
Reciprocal
OFACUS SAM Procurement ExclusionsUnited StatesActive
Prohibition/Restriction
Redacted for Security Reasons
- Listed
- 26 Sep 2017
North Korea Sanctions - DPRK4
Office of Foreign Assets ControlUS OFAC Specially Designated Nationals (SDN) ListUnited States
Block and DPRK4
Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210
Transactions Prohibited For Persons Owned or Controlled By U.S. Financial Institutions: North Korea Sanctions Regulations section 510.214
Executive Order 13810 (North Korea)
Programme US-NKReference 23004treasury.govofac.treasury.gov
Connections16
Members and officers2
- Myo' ng-ch'o' l CHANGSanctionedDebarredExport controlledRepresentative in Dandong, ChinaBorn 9 Sep 1968ChinaNorth Korea
- RepresentativeNorth Korea
Other links14
- OrganizationBanca Nazionale del LavoroRegulator warningBankLinked from"Banca Nazionale del Lavoro SpA is a former bank account provider for Koryo Commercial Bank Ltd."Italy
- PersonHong Gil HanSanctionedDebarredExport controlledLinked from"Associate"Born 20 Jan 1974ChinaNorth Korea
- OrganizationOCN (Singapore) Pte. Ltd.Linked from""OCN and the Koryo Commercial Bank formed a joint venture with the Ryugyong Commercial Bank""Singapore
- OrganizationOCN Pyongyang OfficeLinked from"Joint venture partner"North Korea
- OrganizationBank of ChinaTrade riskLinked from"Bank of China Ltd. is a former bank account provider for Koryo Commercial Bank Ltd."China
- OrganizationT Specialist International (Singapore) Pte. Ltd.Linked from""T Specialist and the Koryo Commercial Bank formed a joint venture with the name Ryugyong Commercial Bank""Singapore
Identifiers2
| Identifier | Number |
|---|---|
| SWIFT / BIC | KCBKKPPY |
| SWIFT / BIC | KCBKKPP1 |
Other names4
Also known as4
Addresses10
Pyongyang, North Korea
Pyongyang Korea, North
Pyongyang
KCB Building, Taedonggang District, Pyongyang
Shenyang
Beijing
Shenyang China
Beijing China
Beijing, China
Shenyang, China
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