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Korea National Development Bank

Korea National Development Bank is an entity of interest. It has not been found on international sanctions lists.

Type	Company				[sources]
Name	Korea National Development Bank				[sources]
Incorporation date	not available				[sources]
Jurisdiction	not available				[sources]
Country	North Korea				[sources]
Description	Established to implement a 10-year economic plan. The UN Panel of Experts suspects that the Korea National Development Bank took over the function of the International Industrial Development Bank.				[sources]
ID Number	`BIC: KNDBKPP1XXX` · `BIC: KNDBKPPYXXX`				[sources]
Registration number	not available				[sources]
Source link	www.nknews.org				[sources]
Last change	2024-03-25	Last processed	2024-10-20	First seen	2023-08-08

According to Annex XXXIV (p. 121) of the UN Panel of Experts March 2014 report, the bank's BIC changed from KNDBKPP1XXX to KNDBKPPYXXX.

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

Linked to
Object	Role	Start date	End date
The International Industrial Development Bank	May now perform the functions of the International Industrial Development Bank	-	-

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

United Kingdom · RUSI · non-official source

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