Native name | 대동신용은행 |
---|---|
Industry | Bank |
Founded | 1995 |
Headquarters | , |
Website | www |
Daedong Credit Bank (DCB) is a North Korean bank, established in 1995, and based in the country's capital, Pyongyang. [1]
DCB has been on the US Treasury sanctions list since June 2013, for "its role in supporting Pyongyang's weapons of mass destruction program". [2] [3] [4] Also sanctioned were DCB Financial Limited, and its representative, Kim Chol-sam, and Son Mun San, the external affairs bureau chief of North Korea's Bureau of Atomic Energy. [3]
Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual. Economic sanctions are not necessarily imposed because of economic circumstances—they may also be imposed for a variety of political, military, and social issues. Economic sanctions can be used for achieving domestic and international purposes.
Korean April 26 Animation Studio is a North Korean animation studio, based in Othan-dong, Central District, Pyongyang.
Kim Chaek University of Technology is a university in North Korea, on the banks of the Taedong River in Pyongyang. It is named after General Kim Chaek.
United Nations Security Council Resolution 1695, adopted unanimously on July 15, 2006, after recalling resolutions 825 (1993) and 1540 (2004) concerning North Korea and the non-proliferation of weapons of mass destruction respectively, the Council banned the selling of material that would further the ability of the Democratic People's Republic of Korea to bolster its ballistic missiles programme.
United Nations Security Council Resolution 1718 was adopted unanimously by the United Nations Security Council on October 14, 2006. The resolution, passed under Chapter VII, Article 41, of the UN Charter, imposes a series of economic and commercial sanctions on the Democratic People's Republic of Korea in the aftermath of that nation's claimed nuclear test of October 9, 2006.
North Korea-Russia relations is a bilateral relationship between Russia and North Korea. The Soviet Union was the first to recognize North Korea on October 12, 1948, shortly after the proclamation, as the sole legitimate authority in all of Korea. During the Korean War, the Korean People's Army was supported by the Soviet military forces. North Korea was founded as part of the Communist bloc, and received major Soviet support. China and the Soviet Union competed for influence in North Korea during the Sino-Soviet split in the 1960s, as North Korea tried to maintain good relations with both countries.
Kim Il-sung Square is a large city square in the Central District of Pyongyang, North Korea, and is named after the country's founding leader, Kim Il-sung. The square was constructed in 1954 according to a master plan for reconstructing the capital after the destruction of the Korean War. It was opened in August 1954. The square is located on the foot of the Namsan Hill, west bank of the Taedong River, directly opposite the Juche Tower on the other side of the river. It is the 37th largest square in the world, having an area of about 75,000 square metres which can accommodate a rally of more than 100,000 people. The square has a great cultural significance, as it is a common gathering place for rallies, dances and military parades and is often featured in media concerning North Korea.
Room 39 is supposedly a secretive North Korean party organization that seeks ways to maintain the foreign currency slush fund for the country's leaders.
Kwak Pom-gi is a North Korean government official.
Ryongsong Residence, also called Residence No. 55 and known by locals as Central Luxury Mansion is a presidential palace in North Korea and the main residence of North Korean Supreme Leader Kim Jong-un and North Korea's First Lady Ri Sol-ju.
The Foreign Trade Bank of the Democratic People's Republic of Korea is North Korea's primary foreign exchange bank, and is owned and run by the North Korean government.
The Organization and Guidance Department (OGD) is a department of the Central Committee of the Workers' Party of Korea (WPK), the ruling party of North Korea. Its central responsibility is to implement the directives and teachings of the Suryeongs [Great Leaders], Kim Il-sung and Kim Jong-il. The department was initially a department within the WPK General Affairs Department, but eventually spun off and was established at the 3rd Plenary Session of the 2nd Central Committee as the Organization Committee.
The alleged illicit activities of the North Korean state include manufacture and sale of illegal drugs, the manufacture and sale of counterfeit consumer goods, human trafficking, arms trafficking, wildlife trafficking, counterfeiting currency, terrorism, and other areas. It is alleged many of these activities are undertaken at the direction and under the control of the North Korean government and the ruling Workers' Party of Korea, with their proceeds going towards advancing the country's nuclear and conventional arms production, funding the lifestyles of the country's elite, and propping up the North Korean economy.
Korea Mining Development Trading Corporation is North Korea’s primary arms dealer, and main exporter of goods and equipment related to ballistic missiles and conventional weapons.
Nigel Cowie is a British banker, who lived in North Korea for two decades from 1995.
Kim Chol-sam is a North Korean banker, the treasurer of Daedong Credit Bank (DCB).
A number of countries and international bodies have imposed sanctions against North Korea. Currently, many sanctions are concerned with North Korea's nuclear weapons program and were imposed after its first nuclear test in 2006.
Hong Sung-mu is a North Korean nuclear weapons scientist and a Workers' Party of Korea (WPK) official working with North Korea's weapons of mass destruction and space programs. He is the deputy director of the party's Machine Building Industry Department (MBID) and plays a key part in the country's nuclear weapons program.
Tanchon Commercial Bank is a North Korean bank. It was originally opened in August 1986.
The Ministry of External Economic Relations is North Korea's foreign trade ministry. The ministry's headquarters are at Kim Il-sung Square in Pyongyang. The current minister is Kim Yong-jae and the vice minister O Ryong-chol. The ministry was established in 2014 when its predecessor, the Ministry of Foreign Trade, fused with the Joint Venture Investment Committee the State Economic Development Commission to revive the ministry that had been marred by economic sanctions against North Korea.
Coordinates: 39°01′12″N125°43′03″E / 39.02000°N 125.71750°E