List Of Banks In North Korea
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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 ...
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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 ...
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The Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and "the most widely-read masthead in the country." The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, '' The Sun-Herald'' and digitally as an online site and app, seven days a week. It is considered a newspaper of record for Australia. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday edition of ''Th ...
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Lists Of Companies Of North Korea
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (d ...
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Lists Of Banks By Country
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ...
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Economy Of North Korea
The economy of North Korea is a centrally planned economy, following ''Juche'', where the role of market allocation schemes is limited, although increasing. , North Korea continues its basic adherence to a centralized command economy. With a total gross domestic product of $28.500 billion as of 2016, there has been some economic liberalization, particularly after Kim Jong-un assumed the leadership in 2012, but reports conflict over particular legislation and enactment. Since the 1990s, informal market activity has increased, which the authoritarian regime has tolerated. These markets are referred to as 'Jangmadang' and were formed as a result of the economic collapse during the 1990s, which made the regime unable to distribute food to its people. The collapse of the Eastern Bloc from 1989 to 1992, particularly North Korea's principal source of support, the Soviet Union, forced the North Korean economy to realign its foreign economic relations, including increased economic excha ...
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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 ...
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Danchon Bank
Tanchon Commercial Bank (formerly called Changgwang Credit Bank; possibly called Danchon Bank) is a North Korean bank. It was originally opened in August 1986. History Tanchon Bank has about thirty employees and has regional offices specializing in weapon sales in the Middle East, Myanmar, and Africa. According to a '' Business Insider'' article, it is the financial institution used "to repatriate and hold foreign currency accounts" and under the control of the Ministry of Industry. The bank's purpose was to handle transactions concerning Yongaksan Trading Company and as a fund manager for the Second Economic Committee The second (symbol: s) is the unit of time in the International System of Units (SI), historically defined as of a day – this factor derived from the division of the day first into 24 hours, then to 60 minutes and finally to 60 seconds eac .... At one time, the bank's leader was Maeng Bong-shik. The bank's address is Saemul 1-Dong Pyongchon Distri ...
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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 ...
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Australian Associated Press
Australian Associated Press (AAP) is an Australian news agency. It was established by Keith Murdoch in 1935. AAP employs around 80 journalists who work in bureaus in all states and territories of Australia except the Northern Territory. It also maintains correspondents in New Zealand and London as well as using a network of contributors from the US, Europe, Asia and Africa. AAP's domestic news coverage is complemented by alliances with the major international news agencies. AAP's main focus is on breaking news but is also known for its court reporting, sport, political coverage, feature stories, and photographs. It also produces video and visual explainers. AAP is one of the few remaining non-government newswires in the world. History Australia was first linked to international telegraph services by a submarine cable that linked Java to Darwin, which was laid by the British-Australian Telegraph Company, and completed on 18 November 1871. The Eastern states were connected thr ...
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Central Bank Of The Democratic People's Republic Of Korea
The Central Bank of the Democratic People's Republic of Korea is North Korea's central bank. Established on December 6, 1947, it issues the North Korean wŏn. The Bank is subordinated to the Cabinet of North Korea. Since 2021, the president of the bank is Chae Song-hak. He was preceded by Kim Chon-gyun since 2014. History On February 15, 1946, a central bank of North Korea was announced, which was to be under the control of the Soviet military. However, the bank failed to accomplish its objectives, being unable to meet its costs of operation, and the 100 million wŏn capitalisation was ineffective.McCune, 2007, p. 194. The North Korean Interim People's Committee did not look upon the bank favorably, and chose instead to work through the Farmers' Bank, which also existed at the time. By late 1946, banking functions were consolidated into two main institutions, the Central Bank and Farmer's Bank. In June 1947, around 1,000 million wŏn was concentrated in the Central Bank, allowi ...
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Golden Star Bank
The Golden Star Bank was North Korea's last bank in Europe. History It was established in 1982, located in Vienna, Austria, and owned by Taesong Bank. In 2003, the Austrian Interior Ministry released a report that claimed that the bank was engaging in espionage Espionage, spying, or intelligence gathering is the act of obtaining secret or confidential information (intelligence) from non-disclosed sources or divulging of the same without the permission of the holder of the information for a tangibl ..., " money-laundering, the distribution of forged currency and illegal trade with radioactive substances." The bank was closed in June 2004 amid suspicions of money laundering and the funding of North Korean arms, although there was not enough evidence to start a criminal trial. See also * Banco Delta Asia References Banks established in 1982 Banks disestablished in 2004 Banks of Austria Defunct banks Banks of North Korea 2004 disestablishments in Austria Companie ...
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Kumgang Bank
Kumgang or Geumgang may refer to: * Kumgang County, a county in Kangwon province, North Korea *Kumgang mountain, a mountain in Kangwon province, North Korea * Kumgang fat minnow, a freshwater fish, in Kangwon province, North Korea *The Geum River, in western South Korea *''Geumgang jeondo Geumgang jeondo (금강전도 金剛全圖) is a famous landscape painted by Jeong Seon during the reign of Yeongjo of Joseon, King Yeongjo. The title literally means "General view of Mt. Kumgangsan, Geumgangsan" or The Diamond Mountains). It was c ...
'', a famous landscape painted by Jeong Seon during the reign of King Yeongjo {{disambiguation ...
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