Nex Systems
Company

Tanchon Commercial Bank

Counter-sanctioned entity

United States. Named in 20 sanctions listings.

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Summary

Main DPRK financial entity for sales of conventional arms, ballistic missiles, and goods related to the assembly and manufacture of such weapons.

Entity structure as published: Tüzel Kişi/Kuruluş/Organizasyon

Adresse : Saemul 1-Dong Pyongchon District, Pyongyang, RPDC

(Date of UN designation: 2009-04-24)

Annex XXIII (p. 130) of the UN Panel of Experts Report June 2013 notes that this BIC is withdrawn from SWIFT.

KPe.003. Main DPRK financial entity for sales of conventional arms, ballistic missiles, and goods related to the assembly and manufacture of such weapons.

"Tanchon Commercial Bank (TCB) was listed by the President in the Annex of E.O. 13382 in June 2005, subjecting it to an asset blocking, and the UN Security Council listed TCB under UNSCR 1718 in April 2009"; "TCB is the financial arm of KOMID and the main North Korean financial institution for the sale of conventional arms, ballistic missiles, and goods related to the assembly and manufacture of such weapons"

Other information: Main DPRK financial entity for sales of conventional arms, ballistic missiles, and goods related to the assembly and manufacture of such weapons.

(UE) 2017/1509 du 30/08/2017 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509) (FondementJuridique: 421)

(also KOREA CHANGGWANG CREDIT BANK, TANCHON COMMERCIAL BANK)

(also CHANGGWANG CREDIT BANK, KOREA CHANGGWANG CREDIT BANK)

(also CHANGGWANG CREDIT BANK, TANCHON COMMERCIAL BANK)

principale entité financière de la RPDC chargée des ventes d'armes conventionnelles, de missiles balistiques et de composants entrant dans l'assemblage et la fabrication de ces armes.

décision du comité des sanctions des Nations unies du 24/04/2009 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509) (FondementJuridique: 420)

Sanctions and listings20

  • Listed
    27 Jul 2012

    Reciprocal

    OFACUS SAM Procurement ExclusionsUnited StatesActive

    Prohibition/Restriction

    Redacted for Security Reasons

    sam.gov

  • Listed
    6 Feb 2025

    РБ ООН (Комітет 1718 (2006))

    State Finance Monitoring ServiceUkraine SFMS BlacklistUkraine

    fiu.gov.ua

  • Listed
    24 Apr 2009

    Official designation

    Financial Intelligence CentreSouth Africa Targeted Financial SanctionsSouth Africa

    Reference KPe.003fic.gov.za

  • Listed
    15 Apr 2025

    Measures Against North Korea - Ordinance of 18 May 2016 on measures against North Korea (SR 946.231.127.6), annexes 1 et 6

    State Secretariat for Economic AffairsSwiss SECO Sanctions/EmbargoesSwitzerland

    Programme SECO-NORTHKOREAReference 3596Reference KPe.003seco.admin.chseco.admin.ch

  • Listed
    24 Apr 2009

    DPRK

    Ministerio de JusticiaArgentina RePET SanctionsArgentina

    Referencia publicada: KPe.003

    Reference KPe.003repet.jus.gob.ar

  • Listed
    31 Aug 2017; 13 May 2009

    EU Restrictive Measures In Relation To The Non-Proliferation Of The Weapons Of Mass Destruction (WMD)

    Federal Public Service FinanceBelgian Financial SanctionsBelgium

    2017/1509 (OJ L224)

    389/2009 (OJ L118)

    Programme EU-PRKfinance.belgium.besanctionsmap.eu

  • Listed
    29 Jun 2005

    Non-Proliferation Sanctions - NPWMD

    Office of Foreign Assets ControlUS OFAC Specially Designated Nationals (SDN) ListUnited States

    NPWMD and block

    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

    Unknown

    Programme US-NON-PROLIFReference 9346treasury.govofac.treasury.gov

  • Listed
    27 Jul 2012

    Reciprocal

    OFACUS SAM Procurement ExclusionsUnited StatesActive

    Prohibition/Restriction

    Redacted for Security Reasons

    sam.gov

  • North Korea Sanctions - 1718 (DPRK)

    Department of Foreign Affairs and TradeAustralian Sanctions Consolidated ListAustralia

    Targeted financial sanction and travel ban

    Listed by the UN1718 committee on 13 Apr. 2009

    Charter of the United Nations (Sanctions — Democratic People’s Republic of Korea) Regulations 2008

    Programme UN-SC1718Last updated 20 Feb 2026dfat.gov.auun.org

  • Listed
    27 Jul 2012

    Reciprocal

    OFACUS SAM Procurement ExclusionsUnited StatesActive

    Prohibition/Restriction

    Redacted for Security Reasons

    sam.gov

  • Official designation

    Ministry of Economy, Trade and IndustryJapan METI End User ListJapan

    Weapon Types: Biological, Chemical, Missile, Nuclear

    meti.go.jpmeti.go.jp

  • Effective
    24 Apr 2009

    UK sanctions relating to the Democratic People’s Republic of Korea - The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019

    Foreign, Commonwealth & Development Office; UNUK FCDO Sanctions ListUnited Kingdom

    Chartering of Ships, asset freeze, prevention of business arrangements, crew servicing of ships and aircraft, closure of representative offices and prohibition of port entry

    Programme GB-DPRKReference 10894Reference DPR0195Reference KPe.003Last updated 14 Jan 2022gov.ukgov.uk

  • Comitetul Consiliului de Securitate al ONU instituit prin Rezoluția 1718 (2006) - RPDC

    Centrul Antiterorist al Serviciului de Informaţii şi Securitate al Republicii MoldovaMoldovan Sanctions for Terrorism and Proliferation of WMDMoldova

    antiteror.sis.md

  • Listed
    24 Apr 2009; 24 Feb 2021

    Asset freezes within the scope of Articles 3.A and 3.B of Law No. 7262, aimed at preventing the financing of the proliferation of weapons of mass destruction.

    Republic of Türkiye Ministry of Treasury and Finance - Financial Crimes Investigation BoardTürkiye Asset Freezing Sanctions List (MASAK)Turkey

    Official Gazette as published: 24.02.2021-31405

    Decision as published: 24.2.2021/3578

    ms.hmb.gov.tren.hmb.gov.tr

  • Official designation

    La Principauté de MonacoMonaco National Fund Freezing ListMonaco

    (UE) 2017/1509 du 30/08/2017 and décision du comité des sanctions des nations unies du 24/04/2009

    Autorité de désignation publiée : Organisation des Nations unies

    principale entité financière de la RPDC chargée des ventes d'armes conventionnelles, de missiles balistiques et de composants entrant dans l'assemblage et la fabrication de ces armes.

    geldefonds.gouv.mc

  • Effective
    22 May 2009; 19 Sep 2006

    北朝鮮のミサイル又は大量破壊兵器計画に関連する者; 北朝鮮に関連する国際連合安全保障理事会決議に基づく資産凍結等の措置の対象となる者（団体）

    Ministry of FinanceJapan Economic Sanctions and List of Eligible PeopleJapan

    Reference *3Reference 11(*3)mof.go.jp

  • Listed
    31 Aug 2017
    Effective
    24 Apr 2009

    EU Restrictive Measures In Relation To The Non-Proliferation Of The Weapons Of Mass Destruction (WMD) - PRK

    Directorate‑General for Financial Stability, Financial Services and Capital Markets UnionEU Financial Sanctions Files (FSF)European Union

    Designation date published: 2009-04-24

    regulationType=repealing; organisationType=council

    2017/1509 (OJ L224)

    Programme EU-PRKReference EU.4189.47eur-lex.europa.eusanctionsmap.eu

  • North Korea Sanctions - décision du comité des sanctions des Nations unies du 24/04/2009 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509); (UE) 2017/1509 du 30/08/2017 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509)

    Direction Générale du TrésorFrench National Asset Freezing SystemFrance

    principale entité financière de la RPDC chargée des ventes d'armes conventionnelles, de missiles balistiques et de composants entrant dans l'assemblage et la fabrication de ces armes.

    Programme UN-SC1718gels-avoirs.dgtresor.gouv.frun.org

  • Listed
    24 Apr 2009

    North Korea Sanctions - DPRK

    United Nations Security CouncilUN Security Council Consolidated Sanctions

    Programme UN-SC1718Reference KPe.003un.orgun.org

  • Effective
    12 Jul 2018

    Official designation

    Isreali Ministry of FinanceIsrael Prevention of Distribution and Financing of WMDs designations

    Last updated 12 Mar 2018gov.il

Connections30

Members and officers10

All 10 markedCounter-sanctioned entitySanctionedExport controlled
  • Cho'ng-Ch'o'l MUNDebarred
    Representative
    Born 23 Dec 1964North Korea
  • Kyong-Su Ra
    Representative
    Born 4 Jun 1954North Korea
  • Kwang-Il KIMDebarred
    Representative
    Born 1 Sep 1969ChinaNorth Korea
  • Bom Su JangDebarred
    Representative based in Syria and Lebanon
    Born 15 Apr 1957SyriaNorth Korea
  • KIM TONG-HODebarred
    Representative in Vietnam
    Born 18 Aug 1969VietnamNorth Korea
  • Myong Guk JonDebarred
    Representative based in Syria and Lebanon
    Born 25 Aug 1976SyriaNorth Korea

Other links20

All 20 markedSanctioned
  • PersonTong Hyok RiDebarredExport controlled
    Represented by
    "Acting for or on behalf of"Born 27 Nov 1975ChinaNorth Korea
  • PersonSong Il ChoeCounter-sanctioned entityDebarredExport controlled
    Represented by
    "Acting for or on behalf of"Born 8 Jun 1973VietnamNorth Korea
  • PersonBom Su JangCounter-sanctioned entityDebarredExport controlled
    Represented by
    "Acting for or on behalf of"Born 15 Apr 1957SyriaNorth Korea
  • PersonTong-Myong KIMCounter-sanctioned entityDebarredExport controlled
    Represented by
    "Acting for or on behalf of"Born 28 Aug 1962United StatesSaint Kitts and NevisNorth Korea
  • PersonTae Hun KoCounter-sanctioned entityDebarredExport controlled
    Represented by
    "Acting for or on behalf of"Born 25 May 1972North Korea
  • PersonKyong-Su RADebarredExport controlled
    Represented by
    "Acting for or on behalf of"China

Identifiers1

IdentifierNumber
SWIFT / BICCCBHKPPY

Other names22

Also known as18

コリア・チャングァン・クレジット・バンク단천상업은행TCBKorea Changgwang Credit Banking CorporationKorea Changgwang Credit Bank, Changgwang Credit BankDanchon Commercial BankKorea Changgwang Credit Bank (조선창광신용은행)Changgwang Credit Bank (창광신용은행)チャングァン・クレジット・バンク（旧称）コリア・チャングァン・クレジット・バンク、チャングァン・クレジット・バンクYongaksan Bank (용악산은행)コリア・チャングァン・クレジット・バンク、チャングァン・クレジット・バンク端川商业银行Lyongaksan Bank (룡악산은행)タンチョン・コマーシャル・バンク端川商業銀行مصرف تانتشون التجاريTANCHON COMMERCIAL BANK

Previously known as4

Names the source records this subject as having used before.

CHANGGWANG CREDIT BANKChanggwang Credit BankKOREA CHANGGWANG CREDIT BANKKorea Changgwang Credit Bank

Addresses13

  • Pyongyang, North Korea

  • Saemul 1-Dong Pyongchon District, Pyongyang, DPRK

  • 1 Saemul - Dong Pyongchon District, Pyongyang, KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF

  • Saemul 1-Dong Pyongchon District, Pyongyang, Democratic People's Republic of Korea

  • Saemul 1-Dong Pyongchon District, Pyongyang, North Korea

  • Saemul 1-Dong Pyongchon District, Pyongyang, RPDC

  • Saemul 1-Dong Pyongchon District Pyongyang Democratic Peoples Republic of Korea

  • Saemul 1-Dong Pyongchon District Pyongyang Korea, North

  • Saemul 1-Dong, Pyongyang, North Korea

  • Saemul 1-Dong Pyongchon District, Pyongyang, DPR Korea

  • Saemul 1-Dong Pyongchon District Pyongyang Democratic People's Republic of Korea

  • 北朝鮮平壌特別市平川区域セマウル１洞

  • Saemul 1-Dong Pyongchon District, Pyongyang

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