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Korea Daesong Bank

Bank · Sanctioned entity

Korea Daesong Bank is subject to sanctions. See the individual program listings below.

Type	Company				[sources]
Name	Choson Taesong Unhaeng · KOREA DAESONG BANK · Korea Daesong Bank · Taesong Bank · مصروف كوريا دايسونغ · 2 more...				[sources]
Other name	CHOSON TAESONG UNHAENG · Chosen Taesong Unhaeng · Choson Taesong Unhaeng · Choson Taesong Unhaeng, · Chosong Taesong Unhaeng · 10 more...				[sources]
Incorporation date	not available				[sources]
Jurisdiction	not available				[sources]
Country	North Korea				[sources]
Description	Key player in North Korean international business activities. Daesong Bank is owned and controlled by Office 39 of the Workers’ Party of Korea (KPe.030). Blocked by SWIFT in March 2017.				[sources]
E-Mail	kdb@co.chesin.com				[sources]
ID Number	`BIC: KDBKKPPYXXX` · `SWIFT/BIC (North Korea): KDBKKPPY`				[sources]
PermID	`4296017399`				[sources]
Phone	+850 2 381 4576 · +850218111 · +85023818221				[sources]
Registration number	`L33EZ4ZGNYL3`				[sources]
SWIFT/BIC	`KDBKKPPY`				[sources]
Status	Active				[sources]
Address	North Korea · Pyongyang, North Korea · SEGORI-DONG, GYONGHEUNG ST. POTONGGANG DISTRICT, PYONGYANG, PRK · Segori-Dong Gyonghung Street KDB Building PYONGYANG KOREA, DEMOCRATIC PEOPLE'S REP. OF · Segori-Dong, Gyonghung Street KDB Building PYONGYANG KOREA, DEMOCRATIC PEOPLE'S REP. OF · 6 more...				[sources]
Source link	gels-avoirs.dgtresor.gouv.fr · permid.org · sanctionssearch.ofac.treas.gov · www.nknews.org				[sources]
Last change	2024-09-17	Last processed	2024-09-18	First seen	2022-04-27

Descriptions

Daesong Bank is owned and controlled by Office 39 of the Korea Workers’ Party. SWIFT/BIC: KDBKKPPY

— Australian Sanctions Consolidated List, 2023-04-20

Daesong Bank is owned and controlled by Office 39 of the Korea Workers’ Party.

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

SWIFT/BIC: KDBKKPPY

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

appartient au Bureau 39 du Parti des travaillleurs de Corée (une entité désignée) et est contrôlée par lui

— French National Asset Freezing System, 2023-04-20

Daesong Bank is owned and controlled by Office 39 of the Korea Workers’ Party. SWIFT/BIC: KDBKKPPY

— UK FCDO Sanctions List, 2024-05-09

Daesong Bank is owned and controlled by Office 39 of the Korea Workers’ Party. SWIFT/BIC: KDBKKPPY

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

チョソン・テソン・ウンハン；テソン・バンク

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

SWIFT/BIC：KDBKKPPY

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

Choson Taesong Unhaeng；Taesong Bank

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

SWIFT/BIC：KDBK KP PY

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

チョソン・テソン・ウンハン；テソン・バンク

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

Choson Taesong Unhaeng; Taesong Bank

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

Annex X (p. 63) of the UN Panel of Experts June 2012 report features Telex numbers 360230 and 37041 KDP KP; TGMS daesongbank.

— DPRK Reports non-official source, 2023-08-08

Adresse : Segori-dong, rue Gyongheung district de Pot'onggang, Pyongyang, RPDC

— Monaco National Fund Freezing List, 2024-08-14

Банк «Дэсон» находится в собственности и под контролем Управления 39 Трудовой партии Кореи.

— 2021-11-21

Daesong Bank is owned and controlled by Office 39 of the Korea Workers’ Party. SWIFT/BIC: KDBKKPPY

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

PHONE 850 2 381 8221; PHONE 850 2 18111 ext. 8221; FAX 850 2 381 4576; TELEX 360230 and 37041 KDP KP; TGMS daesongbank; EMAIL kdb@co.chesin.com

— US OFAC Specially Designated Nationals (SDN) List, 2023-04-20

Relationships

Address
Full address	Country
Segori-dong, Gyongheung St. Potonggang District, Pyongyang, Democratic People's Republic of Korea · Segori-dong, Gyongheung St., Potonggang District, Pyongyang · Segori-dong, Gyongheung St., Potonggang District, Pyongyang, KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF · Segori-dong, Gyongheung, St. Potonggang District, Pyongyang	North Korea
Segori-dong, Gyongheung Street, Pyongyang, DPR Korea	North Korea
北朝鮮平壌特別市普通江区域セゴリ洞慶興通り	-

Agents
Agent	Role	Start date	End date
In Chun O	Acting for or on behalf of	-	-

Employees
Employee	Role	Start date	End date
KIM CHOL SAM	Employee	2000	2003
Choe Song Nam	Representative	-	-
O In Jun	Representative in Vladivostok	-	-
Ko Il Hwan	Representative in Shenyang, China	2018	-
Kim Sang Ho	Representative based in Yanji, China	-	-
Kang Min	Representative based in Beijing, China	-	-
PAK MUN IL	Former overseas representative based in Yanji, China	-	-
PAE WON UK	Representative based in Beijing, China	-	-
Kim Chol Ok	Representative in Indonesia	-	-
Kim Myong Jin	Employee	2018	-

Linked from
Subject	Role	Start date	End date
Daedong Credit Bank	Korea Daesong Bank is a joint venture partner and 30% owner of Daedong Credit Bank	-	-
Peregrine DPRK Holdings Ltd.	Joint venture partners	-	-
Taesong Group	Korea Daesong Bank is part of the Taesong Group	-	-

Linked to
Object	Role	Start date	End date
Korea Daesong Bank (Shenyang Representative Office)	Representative office	-	-
Golden Star Bank	Golden Star Bank is a subsidiary of Korea Daesong Bank	-	2004
Korea Daesong Bank (Dalian Representative Office)	Representative office	-	-
Korea Daesong Economic Group	Korea Daesong Bank is part of Korea Daesong Economic Group	-	-
OFFICE 39	related-to	-	-
Korea Daesong Bank (Dandong Representative Office)	Representative office	-	-
OFFICE 39	Korea Daesong Bank is subordinate to and the financial arm of Office 39	-	-

Sanctions
Authority	Program	Start date	End date
UN Security Council	Resolution 2321 (2016)	-	-
State Finance Monitoring Service	Резолюція РБ ООН 1718 (2006)	2017-01-03	-
Office of Financial Sanctions Implementation · UN	Democratic People's Republic of Korea	2016	-
Republic of Türkiye Ministry of Treasury and Finance - Financial Crimes Investigation Board	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.	-	-
Centrul Antiterorist al Serviciului de Informaţii şi Securitate al Republicii Moldova	Comitetul Consiliului de Securitate al ONU instituit prin Rezoluția 1718 (2006)	-	-
United Nations Security Council	DPRK	2016-11-30	-
Foreign, Commonwealth & Development Office · UN	The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019	2016-11-30	-
La Principauté de Monaco	-	-	-
State Secretariat for Economic Affairs	Ordinance of 18 May 2016 on measures against North Korea (SR 946.231.127.6), annexes 1 et 6	2016-11-30	-
Federal Public Service Finance	PRK	2017-09-01	-
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）	2016-12-09	-
Ministry of Economy, Trade and Industry	-	-	-
Ministry of Finance	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	-
TREAS-OFAC	Reciprocal	-	-
Directorate‑General for Financial Stability, Financial Services and Capital Markets Union	PRK	2017-09-01	-
Office of Foreign Assets Control	SDN List	-	-
Department of Foreign Affairs and Trade	1718 (DPRK)	2016-12-01	-
Direction Générale du Trésor	(UE) 2017/1509 du 30/08/2017 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509) · décision du comité des sanctions des Nations unies du 30/11/2016 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509)	-	-

Data sources

DPRK Reports5,540

A database of entities and events related to North Korea's sanctions evasion efforts.

United Kingdom · RUSI · non-official source

Belgian Financial Sanctions6,604

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

Belgium · FOD

EU Financial Sanctions Files (FSF)6,337

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

European Union · DG FISMA

Business Identifier Code (BIC) Reference Data56,295

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

SWIFT

UK HMT/OFSI Consolidated List of Targets6,063

The United Kingom's consolidated international sanctions list.

United Kingdom · OFSI

US OFAC Specially Designated Nationals (SDN) List31,778

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

United States · OFAC

Swiss SECO Sanctions/Embargoes8,218

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

Switzerland · SECO

UN Security Council Consolidated Sanctions1,234

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

UNSC

Japan Economic Sanctions and List of Eligible People3,598

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

Japan · MoF

French National Asset Freezing System5,094

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 · DGT

Japan METI End User List700

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

Japan · METI

Australian Sanctions Consolidated List4,253

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

Australia · DFAT

Qatar Unified Record of Persons and Entities on Sanction List710

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

Qatar · NCTC

US SAM Procurement Exclusions116,263

A database of suppliers who have been excluded from participating in US federal procurement.

United States · GSA

Monaco National Fund Freezing List4,972

A list of entities subject to fund and economic resource freezing procedures

Monaco · Monaco

US Trade Consolidated Screening List (CSL)20,202

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 · ITA

Türkiye Asset Freezing Sanctions List (MASAK)2,222

Individuals, entities, and organizations whose assets are frozen by the Republic of Türkiye based on United Nations Security Council resolutions, requests from foreign countries, domestic decisions, and efforts to counter the financing of proliferation of weapons of mass destruction.

Türkiye · MASAK

Ukraine SFMS Blacklist868

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

Ukraine · SFMS

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 · CAS-SIS

UK FCDO Sanctions List4,520

UK sanctions collated by the Foreign, Commonwealth & Development Office

United Kingdom · FCDO

External databases

The record has been enriched with data from the following external databases:

PermID Open Data2,691

Permanent Identifier (PermID) is a reference data spine offered by LSEG/Refinitiv to help create unique identifiers for organizations that are publicly listed.

External dataset · LSEG · non-official source

Source data IDs: au-dfat-2662-korea-daesong-bank · ofac-12312 · fr-ga-2360 · qa-nctc-6908552-korea-daesong-bank · unsc-6908552 · usgsa-s4mr3rhn4 · ch-seco-35557 · ja-mof-21003d28af36ae37fc7adfad30eea3115f4203e1 · gb-hmt-11286 · md-terr-fd04868d4c784518d5f5b7b4ca15030ddd815d4d · ja-mof-ebaf1cc230df9059d1c2aad8889858f7d8f66e07 · gb-fcdo-dpr0147 · kprusi-1cc9d1d89219f588e9097e9d97478fa197ce65eb · mc-freezes-23cd56f0da2b0243db038aaf4cc741c28e646191 · ua-sfms-1447 · ru-wmd-119-kpe-035 · permid-4296017399 · eu-fsf-eu-4105-82 · bic-KDBKKPPY · tr-fcib-a7c18132b430f7069cd77e532890d0496e970af0 · au-dfat-3212-korea-daesong-bank · jp-eul-d86b2eb17e4a577378f9e06bd324128bc9299bd3

For experts: raw data explorer

Factsheet Descriptions Data sources

OpenSanctions is free for non-commercial users. Businesses must acquire a data license to use the dataset.

Use the API License in bulk

Address
Full address	Country
Segori-dong, Gyongheung St. Potonggang District, Pyongyang, Democratic People's Republic of Korea · Segori-dong, Gyongheung St., Potonggang District, Pyongyang · Segori-dong, Gyongheung St., Potonggang District, Pyongyang, KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF · Segori-dong, Gyongheung, St. Potonggang District, Pyongyang	North Korea
Segori-dong, Gyongheung Street, Pyongyang, DPR Korea	North Korea
北朝鮮平壌特別市普通江区域セゴリ洞慶興通り	-

Agents
Agent	Role	Start date	End date
In Chun O	Acting for or on behalf of	-	-

Employees
Employee	Role	Start date	End date
KIM CHOL SAM	Employee	2000	2003
Choe Song Nam	Representative	-	-
O In Jun	Representative in Vladivostok	-	-
Ko Il Hwan	Representative in Shenyang, China	2018	-
Kim Sang Ho	Representative based in Yanji, China	-	-
Kang Min	Representative based in Beijing, China	-	-
PAK MUN IL	Former overseas representative based in Yanji, China	-	-
PAE WON UK	Representative based in Beijing, China	-	-
Kim Chol Ok	Representative in Indonesia	-	-
Kim Myong Jin	Employee	2018	-

Linked from
Subject	Role	Start date	End date
Daedong Credit Bank	Korea Daesong Bank is a joint venture partner and 30% owner of Daedong Credit Bank	-	-
Peregrine DPRK Holdings Ltd.	Joint venture partners	-	-
Taesong Group	Korea Daesong Bank is part of the Taesong Group	-	-

Linked to
Object	Role	Start date	End date
Korea Daesong Bank (Shenyang Representative Office)	Representative office	-	-
Golden Star Bank	Golden Star Bank is a subsidiary of Korea Daesong Bank	-	2004
Korea Daesong Bank (Dalian Representative Office)	Representative office	-	-
Korea Daesong Economic Group	Korea Daesong Bank is part of Korea Daesong Economic Group	-	-
OFFICE 39	related-to	-	-
Korea Daesong Bank (Dandong Representative Office)	Representative office	-	-
OFFICE 39	Korea Daesong Bank is subordinate to and the financial arm of Office 39	-	-

Sanctions
Authority	Program	Start date	End date
UN Security Council	Resolution 2321 (2016)	-	-
State Finance Monitoring Service	Резолюція РБ ООН 1718 (2006)	2017-01-03	-
Office of Financial Sanctions Implementation · UN	Democratic People's Republic of Korea	2016	-
Republic of Türkiye Ministry of Treasury and Finance - Financial Crimes Investigation Board	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.	-	-
Centrul Antiterorist al Serviciului de Informaţii şi Securitate al Republicii Moldova	Comitetul Consiliului de Securitate al ONU instituit prin Rezoluția 1718 (2006)	-	-
United Nations Security Council	DPRK	2016-11-30	-
Foreign, Commonwealth & Development Office · UN	The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019	2016-11-30	-
La Principauté de Monaco	-	-	-
State Secretariat for Economic Affairs	Ordinance of 18 May 2016 on measures against North Korea (SR 946.231.127.6), annexes 1 et 6	2016-11-30	-
Federal Public Service Finance	PRK	2017-09-01	-
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）	2016-12-09	-
Ministry of Economy, Trade and Industry	-	-	-
Ministry of Finance	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	-
TREAS-OFAC	Reciprocal	-	-
Directorate‑General for Financial Stability, Financial Services and Capital Markets Union	PRK	2017-09-01	-
Office of Foreign Assets Control	SDN List	-	-
Department of Foreign Affairs and Trade	1718 (DPRK)	2016-12-01	-
Direction Générale du Trésor	(UE) 2017/1509 du 30/08/2017 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509) · décision du comité des sanctions des Nations unies du 30/11/2016 (ONU Corée du Nord - RCSNU 1718 (2006) et R (UE) 2017/1509)	-	-