OrganisationCurrently listed

Korea Kwangson Banking Corporation

Listed by OFAC SDN (US), SECO (Switzerland)
North Korea
First listed 2016-03-04
5 aliases

List entries (2)

Raw record available under each Source badge

OFAC SDN (US)Active listingID 11581

Source

Verified: copied from a structured field of an authoritative source

Source: OFAC SDN (US)
Retrieved: 2026-09-29
Extractor: ofac-xml-parser

Raw evidence

<sdnEntry>
    <uid>11581</uid>
    <lastName>KOREA KWANGSON BANKING CORP</lastName>
    <sdnType>Entity</sdnType>
    <programList>
      <program>NPWMD</program>
    </programList>
    <idList>
      <id>
        <uid>134860</uid>
        <idType>Transactions Prohibited For Persons Owned or Controlled By U.S. Financial Institutions:</idType>
        <idNumber>North Korea Sanctions Regulations section 510.214</idNumber>
      </id>
      <id>
        <uid>127643</uid>
        <idType>Secondary sanctions risk:</idType>
        <idNumber>North Korea Sanctions Regulations, sections 510.201 and 510.210</idNumber>
      </id>
    </idList>
    <akaList>
      <aka>
        <uid>12247</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>KKBC</lastName>
      </aka>
      <aka>
        <uid>79186</uid>
        <type>a.k.a.</type>
        <category>weak</category>
        <lastName>BTSB</lastName>
      </aka>
      <aka>
        <uid>79187</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>BORDER TRADE SETTLEMENT BANK</lastName>
      </aka>
      <aka>
        <uid>79188</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>DPRK BORDER TRADE SETTLEMENT BANK</lastName>
      </aka>
    </akaList>
    <addressList>
      <address>
        <uid>17356</uid>
        <address1>Jungson-dong</address1>
        <address2>Sungri Street</address2>
        <address3>Central District</address3>
        <city>Pyongyang</city>
        <country>Korea, North</country>
      </address>
    </addressList>
  </sdnEntry>

Name on list: KOREA KWANGSON BANKING CORP
Programmes / regimes: NPWMD
Aliases: KKBC · BTSB · BORDER TRADE SETTLEMENT BANK · DPRK BORDER TRADE SETTLEMENT BANK
Countries: North Korea
Addresses: Jungson-dong, Sungri Street, Central District, Pyongyang, Korea, North

SECO (Switzerland)Active listingID 33918

Source

Verified: copied from a structured field of an authoritative source

Source: SECO (Switzerland)
Retrieved: 2026-09-29
Source date: 2025-04-15
Extractor: seco-xml-parser

Raw evidence

<target ssid="33918"><sanctions-set-id>3978</sanctions-set-id><foreign-identifier>KPe.025</foreign-identifier><entity><identity ssid="33920" main="true"><name ssid="33922" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Korea Kwangson Banking Corporation</value></name-part></name><name ssid="33923" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>KKBC</value></name-part></name><address ssid="33921" place-id="24079" quality="good"><address-details>Jungson-dong, Sungri Street</address-details></address></identity><justification ssid="33919">KKBC provides financial services in support to Tanchon Commercial Bank and Korea Hyoksin Trading Corporation, a subordinate of the Korea Ryonbong General Corporation. Tanchon Commercial Bank has used KKBC to facilitate funds transfers likely amounting to millions of dollars, including transfers involving Korea Mining Development Corporation related funds.</justification></entity><modification modification-type="amended" enactment-date="2025-04-15" publication-date="2025-04-15" effective-date="2025-04-15"><added><target ssid="33918"><sanctions-set-id>3978</sanctions-set-id><foreign-identifier>KPe.025</foreign-identifier><entity><identity ssid="33920" main="true"><name ssid="33922" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Korea Kwangson Banking Corporation</value></name-part></name><name ssid="33923" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>KKBC</value></name-part></name><address ssid="33921" place-id="24079" quality="good"><address-details>Jungson-dong, Sungri Street</address-details></address></identity><justification ssid="33919">KKBC provides financial services in support to Tanchon Commercial Bank and Korea Hyoksin Trading Corporation, a subordinate of the Korea Ryonbong General Corporation. Tanchon Commercial Bank has used KKBC to facilitate funds transfers likely amounting to millions of dollars, including transfers involving Korea Mining Development Corporation related funds.</justification></entity></target></added><removed><target ssid="33918"><sanctions-set-id>3978</sanctions-set-id><entity><identity ssid="33920" main="true"><name ssid="33922" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Korea Kwangson Banking Corporation</value></name-part></name><name ssid="33923" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>KKBC</value></name-part></name><address ssid="33921" place-id="24079" quality="good"><address-details>Jungson-dong, Sungri Street</address-details></address></identity><justification ssid="33919">KKBC provides financial services in support to Tanchon Commercial Bank and Korea Hyoksin Trading Corporation, a subordinate of the Korea Ryonbong General Corporation. Tanchon Commercial Bank has used KKBC to facilitate funds transfers likely amounting to millions of dollars, including transfers involving Korea Mining Development Corporation related funds.</justification></entity></target></removed></modification><modification modification-type="listed" enactment-date="2016-03-03" publication-date="2016-03-04" effective-date="2016-03-04"><added><target ssid="33918"><sanctions-set-id>3978</sanctions-set-id><entity><identity ssid="33920" main="true"><name ssid="33922" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Korea Kwangson Banking Corporation</value></name-part></name><name ssid="33923" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>KKBC</value></name-part></name><address ssid="33921" place-id="24079" quality="good"><address-details>Jungson-dong, Sungri Street</address-details></address></identity><justification ssid="33919">K

Name on list: Korea Kwangson Banking Corporation
Programmes / regimes: North Korea
Listed on: 2016-03-04
Last updated: 2025-04-15
Aliases: KKBC
Countries: North Korea
Addresses: Jungson-dong, Sungri Street, Pyongyang, Central District, DPR Korea
Identifiers: Foreign identifier: KPe.025
Remarks: KKBC provides financial services in support to Tanchon Commercial Bank and Korea Hyoksin Trading Corporation, a subordinate of the Korea Ryonbong General Corporation. Tanchon Commercial Bank has used KKBC to facilitate funds transfers likely amounting to millions of dollars, including transfers involving Korea Mining Development Corporation related funds.

Linked parties & vessels (2)

Linked to (sanctions list) (2)

Ilsim International BankSanctions-listed party · ofac, uk, eu, un, seco
Source
Verified: copied from a structured field of an authoritative source
Source
Swiss SECO Sanctions List
Retrieved
2026-09-29
Extractor
sanctions-group/1
Raw evidence
```
<relation target-id="33918" relation-type="related-to">
```
Korea Trading BankSanctions-listed party · ofac, uk, eu, un, seco
Source
Verified: copied from a structured field of an authoritative source
Source
Swiss SECO Sanctions List
Retrieved
2026-09-29
Extractor
sanctions-group/1
Raw evidence
```
<relation target-id="33918" relation-type="related-to">
```

Timeline

No list changes detected since monitoring began.

About these lists

OFAC Specially Designated Nationals (SDN) List (U.S. Department of the Treasury – OFAC): U.S. blocking sanctions on individuals, entities and vessels. Official page.

Swiss SECO Sanctions List (State Secretariat for Economic Affairs SECO): Persons, entities and objects subject to Swiss sanctions under the Embargo Act. Official page.

Inclusion on a list is an administrative designation, not a criminal conviction. Designations can be challenged and are periodically reviewed; entries marked “no longer listed” have been removed from the respective list. The legal effect of a listing depends on the jurisdiction and the programme concerned.

Compiled automatically from official public sources. Name similarity is not identity; nothing here is a legal determination or allegation of wrongdoing. Verify against the linked official source before relying on any information.