Nex Systems
Company

Cheil Credit Bank

Sanctioned entity

China. Named in 4 sanctions listings.

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Summary

Joint venture, established in 2008 by Miracle Commerce Pte. Ltd. and its CEO William Toh (a.k.a. Toh Hwee Howe), handling trade of foreign-invest DPRK firms with Russia. Belongs to the Workers' Party of Korea (DPRK).

Part of North Korea’s financial network. SWIFT KYCBKPPYXXX

SWIFT/BIC：KYCBKPPYXXX

Sanctions and listings4

  • 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 22985treasury.govofac.treasury.gov

  • Effective
    7 Nov 2017

    国際平和のための国際的な努力に我が国として寄与するために講ずる資産凍結等の措置の対象となる

    Ministry of FinanceJapan Economic Sanctions and List of Eligible PeopleJapan

    Reference 31mof.go.jp

  • Democratic People's Republic Of Korea (North Korea) Sanctions Regime - Autonomous (DPRK)

    Department of Foreign Affairs and TradeAustralian Sanctions Consolidated ListAustralia

    Targeted financial sanction

    First listed on 27 Nov. 2017. Instrument of first designation and declaration: Autonomous Sanctions (Designated Persons and Entities – Democratic People’s Republic of Korea) Amendment List 2017 (No 3)

    Programme AU-DPRKLast updated 1 Dec 2023dfat.gov.audfat.gov.au

  • Listed
    29 Jun 2018
    Effective
    26 Sep 2017

    Reciprocal

    OFACUS SAM Procurement ExclusionsUnited StatesActive

    Prohibition/Restriction

    Redacted for Security Reasons

    sam.gov

Connections7

Members and officers4

  • Kyong Hyok KIMSanctionedDebarredExport controlled
    Representative based in Shanghai, China
    Born 5 Nov 1985ChinaNorth Korea
  • Jo Myong Chol
    Representative in Vladivostok
    RussiaNorth Korea
  • Chosen Soren
    Founder
  • Chol Nam PAKSanctionedDebarredExport controlled
    Representative based in Beijing, China
    Born 16 Jun 1971ChinaNorth Korea

Other links3

Identifiers1

IdentifierNumber
SWIFT / BICKYCBKPPY

Other names17

Also known as16

キョンギョン・クレジット・バンクJae-il Shinyong Unhaeng제일신용은행Kyongyong Credit BankFirst Trust BankDPRK First Credit BankFirst Credit Bank（別称）ファースト・クレジット・バンクFIRST CREDIT BANKJeil Credit Bankf.k.a. Kyongyong Credit Bankファースト・クレジット・バンク（旧称）キョンギョン・クレジット・バンクチェイル・クレジット・バンクFirst Trust Bank CorporationCHEIL CREDIT BANK

Weak aliases1

Spellings the source flags as too generic to establish a match on their own.

KYONGYONG CREDIT BANK

Addresses17

  • Pyongyang, North Korea

  • 3-18 Pyongyang Information Center, Potonggang District, Pyongyang

  • 3-18 Pyongyang Information Centre, Potonggang District, Pyongyang, North Korea

  • 3-18 Pyongyang Information Center, Potonggang District

  • Rakrang District, Jongbaek 1-dong

  • Shanghai, China

  • Shenyang

  • Shanghai China

  • 3-18 Pyongyang Information Center, Potonggang District Pyongyang Korea, North

  • 北朝鮮平壌特別市普通江通り平壌インフォメーションセンター3-18；中華人民共和国北京市；中華人民共和国瀋陽市 ；中華人民共和国上海市

  • Shenyang China

  • Beijing

  • Beijing China

  • Beijing, China

  • Shenyang, China

  • Shanghai

  • 中華人民共和国上海市

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