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KOREA KWANGSON BANKING CORPORATION (KKBC)

Bank · Sanctioned entity

KOREA KWANGSON BANKING CORPORATION (KKBC) is subject to sanctions. See the individual program listings below.

Type	Organization				[sources]
Name	KKBC · KOREA KWANGSON BANKING CORP · KOREA KWANGSON BANKING CORPORATION · KOREA KWANGSON BANKING CORPORATION (KKBC) · Korea Kwangson Banking Corporation · 3 more...				[sources]
Other name	KKBC · KOREA KWANGSON BANKING CORPORATION (KKBC) · مؤسسة Korea Kwangson Banking Corp (KKBC)				[sources]
Legal form	not available				[sources]
Country	North Korea				[sources]
SWIFT/BIC	`KKBCKPP1` · `KKBCKPPY`				[sources]
Status	not available				[sources]
Address	CENTRAL DISTRICT JUNGSONG-DONG KKBC BUILDING PYONGYANG KOREA, DEMOCRATIC PEOPLE'S REP. OF · JUNGSONG-DONG, CENTRAL DISTRICT KKBC BUILDING PYONGYANG KOREA, DEMOCRATIC PEOPLE'S REP. OF · Jungson-dong, Sungri Street, Central District, Pyongyang · Jungson-dong, Sungri Street, Central District, Pyongyang, Democratic People's Republic of Korea · Jungsong-dong KKBC Building PYONGYANG KOREA, DEMOCRATIC PEOPLE'S REP. OF				[sources]
Source link	gels-avoirs.dgtresor.gouv.fr · sanctionssearch.ofac.treas.gov				[sources]
Created at	2002-03-02				[sources]
Modified on	2020				[sources]
Last changed	2024-03-27	Last checked	2024-05-01	First seen	2022-04-27

Descriptions

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.

— Australian Sanctions Consolidated List, 2023-04-20

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.

— Swiss SECO Sanctions/Embargoes, 2023-04-20

fournit des services financiers à l'appui de la Tanchon Commercial Bank et de la Korea Hyoksin Trading Corporation, une filiale de la Korea Ryonbong General Corporation. La Tanchon Commercial Bank a recouru au service de la KKBC pour effectuer des transferts de fonds représentant des millions de dollars, notamment des transferts de fonds liés à la Korea Mining Development Trading Corporation

— French Freezing of Assets, 2023-04-20

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.

— UK HMT/OFSI Consolidated List of Targets, 2023-04-20

ケー・ケー・ビー・シー

— Japan Economic sanctions and list of eligible people, 2023-04-20

KKBC

— Japan Economic sanctions and list of eligible people, 2023-04-20

КБКК оказывает финансовые услуги коммерческому бан- ку «Танчою» и Корейской торговой корпорации «Хёксию», являющейся дочерней компанией Корейской генеральной корпорации «Рёнбон». Коммерческий банк «Танчон» использует КБКК для осуществления перевадав финансовых средств в суммах, предположительно исчисляемых миллионами долларов, включая переводы средств, имеющих отношение к Корейской горнорудной торговой корпорации.

— 2021-11-21

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.

— UN Security Council Consolidated Sanctions, 2023-04-20

Relationships

Address
Full address	Country
Jungson-dong, Sungri Street, Central District, Pyongyang, Democratic People's Republic of Korea	North Korea
Jungson-dong, Sungri Street, Pyongyang, DPR Korea	North Korea
Jungson-dong, Sungri Street, Central District, Pyongyang, Democratic People’s Republic of Korea	-
北朝鮮平壌特別市中区中城洞勝利通り	-
Jungson-dong, Sungri Street, Central District, Pyongyang, RPDC	-
Jungson-dong, Sungri Street, Central District, Pyongyang	North Korea
北朝鮮平壌特別市中区域中城洞勝利通り	-
Jungson-dong, Sungri Street, Central District, Pyongyang	North Korea
Jungson-dong, Sungri Street, Central District, Pyongyang, KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF	North Korea

Agents
Agent	Role	Start date	End date
JO CHOL SONG	Acting for or on behalf of	-	-
Sim Hyon Sop	Acting for or on behalf of	-	-

Linked from
Subject	Role	Start date	End date
KIM NAM UNG	related-to	-	-
FOREIGN TRADE BANK (FTB)	related-to	-	-
Ilsim International Bank	related-to	-	-

Sanctions
Authority	Program	Start date	End date
State Secretariat for Economic Affairs (SECO)	Ordinance of 18 May 2016 on measures against North Korea (SR 946.231.127.6), annexes 1 et 6	2016-03-04	-
United Nations Security Council (UN SC)	DPRK	2016-03-02	-
Office of Foreign Assets Control (OFAC)	SDN List	-	-
Federal Public Service Finance	PRK	2017-09-01	-
European External Action Service	PRK	2017-09-01	-
Державна служба фінансового моніторингу України (Держфінмоніторинг)	Резолюція РБ ООН 1718 (2006)	2017-01-03	-
Office of Financial Sanctions Implementation · UN	Democratic People's Republic of Korea	2016	-
Centrul Antiterorist al Serviciului de Informaţii şi Securitate al Republicii Moldova	Comitetul Consiliului de Securitate al ONU instituit prin Rezoluția 1718 (2006)	-	-
Ministry of Finance	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） · 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	2013-08-30	-
Department of Foreign Affairs and Trade (DFAT)	1718 (DPRK)	2016-03-03	-
Ministry of Economy, Finance, and Recovery	(UE) 2017/1509 du 30/08/2017 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509) · Décision du comité de sanction des Nations unies du 02/03/2016 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509)	-	-

Data sources

Qatar Unified Record of Persons and Entities on Sanction List711

This dataset contains both UN-mandated and the national sanctions designations for Qatar (Targeted Financial Sanctions).

Qatar · National Counter Terrorism Committee (NCTC)

French Freezing of Assets6,265

The register lists all persons, entities and vessels subject to asset freezing measures in force on French territory, pursuant to national, European and international (UN) provisions.

France · Ministry of Economy, Finance, and Recovery

Swiss SECO Sanctions/Embargoes8,011

Switzerland manages a sanctions lists with a high degree of detail on the individuals that are subject to it's embargoes.

Switzerland · State Secretariat for Economic Affairs (SECO)

UN Security Council Consolidated Sanctions1,233

The Security Council's set of sanctions serve as the foundation for most national sanctions lists.

United Nations Security Council (UN SC)

Japan Economic sanctions and list of eligible people3,485

Sanctions imposed by Japan under its Foreign Exchange and Foreign Trade Law.

Japan · Ministry of Finance

Business Identifier Code (BIC) Reference Data56,296

Reference data for SWIFT BIC code, including bank names and addresses.

Society for Worldwide Interbank Financial Telecommunication (SWIFT)

US OFAC Specially Designated Nationals (SDN) List29,108

The primary United States' sanctions list, specially designated nationals (SDN) part.

United States · Office of Foreign Assets Control (OFAC)

Belgian Financial Sanctions6,315

Belgium extends the European FSF sanctions list on the basis of a national terrorist list, issued by the National Security Council.

Belgium · Federal Public Service Finance

Ukraine SFMS Blacklist868

Ukraine's financial intelligence unit publishes this list of sanctioned individuals.

Ukraine · Державна служба фінансового моніторингу України (Держфінмоніторинг)

US Trade Consolidated Screening List (CSL)18,943

The Consolidated Screening List (CSL) is a list of parties for which the United States Government maintains restrictions on certain exports, reexports, or transfers of items.

United States · Department of the Commerce - International Trade Administration

Moldovan sanctions for terrorism and proliferation of WMD781

Sanctions on persons and entities involved in terrorist activities and the proliferation of weapons of masss destruction

Moldova · Centrul Antiterorist al Serviciului de Informaţii şi Securitate al Republicii Moldova

Australian Sanctions Consolidated List4,069

The Consolidated List is a list of all persons and entities who are subject to targeted financial sanctions under Australian sanctions law.

Australia · Department of Foreign Affairs and Trade (DFAT)

EU Financial Sanctions Files (FSF)6,054

As part of the Common Foreign Security Policy the European Union publishes a sanctions list that is implemented by all member states.

European Union · European External Action Service

UK HMT/OFSI Consolidated List of Targets5,905

The United Kingom's consolidated international sanctions list.

United Kingdom · Office of Financial Sanctions Implementation

Source data IDs: ch-seco-33918 · NK-4yETP7WrEQAqN8zjAHWhoC · ru-wmd-109-kpe-025 · au-dfat-3167-korea-kwangson-banking-corporation-kkbc · ofac-11581 · ja-mof-64b114c175e9952cf89ab750026ed248af96853f · NK-G5J25iQAsjpGSZ6QrPVLrh · gb-hmt-12452 · bic-KKBCKPPY · md-terr-ca6bed5b50913d5eeb83e7d56fc5d43acb149b0d · bic-KKBCKPP1 · qa-nctc-6908518-korea-kwangson-banking-corporation-kkbc · fr-ga-2384 · ua-sfms-1451 · eu-fsf-eu-3317-39 · unsc-6908518

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Factsheet Descriptions Data sources

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