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Koryo Bank
Koryo Bank is a North Korean bank. It was originally opened in July 1994. History The bank has about thirty employees and has regional offices specializing in weapon sales in the Middle East, Myanmar Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, Joh ..., and Africa. It is controlled by Korean Workers' Party Office 39 to control "the service industry, hotels and department stores that cater to foreigners". According to '' Business Insider'', Koryo Bank is the financial institution used by the North Korean Office 39 "to repatriate and hold foreign currency accounts" and, at one time, under the control of the Ministry of Defense. At one time, the bank's leader was Kim Yong-goo. The bank use to belong to the Trade Bank. See also * List of banks in North Korea References {{ref ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Korea
North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korea, Korean Peninsula and shares borders with China and Russia to the north, at the Yalu River, Yalu (Amnok) and Tumen River, Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone. North Korea's border with South Korea is a disputed border as both countries claim the entirety of the Korean Peninsula. The country's western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. North Korea, like South Korea, its southern counterpart, claims to be the legitimate government of the entire peninsula and List of islands of North Korea, adjacent islands. Pyongyang is the capital and largest city. In 1910, Korean Empire, Korea was Korea under Japanese rule, annexed by the Empire of Japan. In 1945, after the Surrender of Japan, Japanese surrender at the End of World War II in Asia, end ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Middle East
The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (European part of Turkey), Egypt, Iran, the Levant (including Syria (region), Ash-Shām and Cyprus), Mesopotamia (modern-day Iraq), and the Socotra Governorate, Socotra Archipelago (a part of Yemen). The term came into widespread usage as a replacement of the term Near East (as opposed to the Far East) beginning in the early 20th century. The term "Middle East" has led to some confusion over its changing definitions, and has been viewed by some to be discriminatory or too Eurocentrism, Eurocentric. The region includes the vast majority of the territories included in the closely associated definition of Western Asia (including Iran), but without the South Caucasus, and additionally includes all of Egypt (not just the Sina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myanmar
Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, John Wells explains, the English spellings of both Myanmar and Burma assume a non-rhotic variety of English, in which the letter r before a consonant or finally serves merely to indicate a long vowel: [ˈmjænmɑː, ˈbɜːmə]. So the pronunciation of the last syllable of Myanmar as [mɑːr] or of Burma as [bɜːrmə] by some speakers in the UK and most speakers in North America is in fact a spelling pronunciation based on a misunderstanding of non-rhotic spelling conventions. The final ''r'' in ''Myanmar'' was not intended for pronunciation and is there to ensure that the final a is pronounced with the broad a, broad ''ah'' () in "father". If the Burmese name my, မြန်မာ, label=none were spelled "Myanma" in English, this would b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office 39
Room 39 (officially Central Committee Bureau 39 of the Workers' Party of Korea, also referred to as Bureau 39, Division 39, or Office 39) is a secretive North Korean party organization that seeks ways to maintain the foreign currency slush fund for the country's leaders. The organization is estimated to bring in between $500 million and $1 billion per year or more and is involved in illegal activities, such as counterfeiting $100 bills, producing controlled substances (including the synthesis of methamphetamine and the conversion of morphine-containing opium into more potent opiates like heroin), and international insurance fraud. Room 39 is the largest of three influential so-called Third Floor offices along with Office 35 tasked with intelligence and Office 38 which handles legal financial activities. Room 39 is believed to be located inside a ruling Workers' Party building in Pyongyang, not far from one of the North Korean leader's residences. All three Offices were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Insider
''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German publishing house Axel Springer. It operates several international editions, including one in the United Kingdom. ''Insider'' publishes original reporting and aggregates material from other outlets. , it maintained a liberal policy on the use of anonymous sources. It has also published native advertising and granted sponsors editorial control of its content. The outlet has been nominated for several awards, but is criticized for using factually incorrect clickbait headlines to attract viewership. In 2015, Axel Springer SE acquired 88 percent of the stake in Insider Inc. for $343 million (€306 million), implying a total valuation of $442 million. In February 2021, the brand was renamed simply ''Insider''. History ''Busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of People's Armed Forces
The Ministry of Defence (, formerly 인민무력성/人民武力省 or Ministry of the People's Armed Forces) is the government agency tasked with general administrative and logistical coordination of the Korean People's Army (KPA). Prior to 1992, it was under the direct control of supreme commander and president, with guidance from the National Defence Commission and the Workers' Party Central Military Commission. The 1992 amendment to the Constitution of North Korea shifts its control to the National Defence Commission. The 2016 amendment shifted its control to the State Affairs Commission. The current Minister of National Defence is Vice Marshal Ri Yong-gil. History Until December 1972, the Minister of the People's Armed Forces was called the Minister of National Defence (민족보위상). It then changed to the Ministry of the People's Armed Forces. Duties The Ministry of Defence is essentially an umbrella agency gathering the KPA's logistical, political, and personnel co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kim Yong-goo
Kim or KIM may refer to: Names * Kim (given name) * Kim (surname) ** Kim (Korean surname) *** Kim family (other), several dynasties **** Kim family (North Korea), the rulers of North Korea since Kim Il-sung in 1948 ** Kim, Vietnamese form of Jin (Chinese surname) Languages * Kim language, a language of Chad * Kim language (Sierra Leone), a language of Sierra Leone * kim, the ISO 639 code of the Tofa language of Russia Media * ''Kim'' (album), a 2009 album by Kim Fransson * "Kim" (song), 2000 song by Eminem * "Kim", a song by Tkay Maidza, 2021 * ''Kim'' (novel), by Rudyard Kipling ** ''Kim'' (1950 film), an American adventure film based on the novel ** ''Kim'' (1984 film), a British film based on the novel * "Kim" (''M*A*S*H''), a 1973 episode of the American television show ''M*A*S*H'' * ''Kim'' (magazine), defunct Turkish women's magazine (1992–1999) Organizations * Kenya Independence Movement, a defunct political party in Kenya * Khalifa Islamiyah Min ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joson Trade Bank
The Foreign Trade Bank of the Democratic People's Republic of Korea (Joson Trade Bank) is North Korea's primary foreign exchange bank, and is owned and run by the North Korean government. On March 11, 2013, the United States designated the bank as falling under US executive order 13382, which applies to "proliferators of weapons of mass destruction and their supporters". The order freezes all assets, and prohibits any transactions between US entities and the bank. On May 7, 2013, the state-controlled Bank of China announced that they would stop all dealings with the Foreign Trade Bank. China has in the past been reluctant to sanction North Korea, even though China has been very unsatisfied with North Korea's aggressive stance and pursuit of nuclear weapons. Stopping the dealing with the Foreign Trade Bank is seen as a significant signal by China to put pressure on North Korea. On August 5, 2017 the UN Security Council adopted Resolution 2371 expanding financial sanctions to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In North Korea ...
This is a list of banks in North Korea. List Central bank * Central Bank of the Democratic People's Republic of Korea Local banks * Chinmyong Joint Bank(진명합영은행) * Civilian Cooperation Bank(민사협조은행) * Daedong Credit Bank * Daesong Bank * Foreign Trade Bank of the Democratic People's Republic of Korea * Kumgang Bank(금강은행) Banks overseas * Golden Star Bank (closed in June 2004) * Joson Trade Bank * Danchon Bank (formerly called Chang-Kwang Credit Bank) * Koryo Bank See also * Economy of North Korea References {{Asia topic, List of banks in North Korea Banks Banks * North Korea North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korea, Korean Peninsula and shares borders with China and Russia to the north, at the Yalu River, Y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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