OFSI sanctions listing
BANK OF EAST LAND
BANK OF EAST LAND is an organisation designated on the HM Treasury — Office of Financial Sanctions Implementation (OFSI) (OFSI) sanctions list under the Democratic People's Republic of Korea programme, listed on 21/12/2011. This page summarises the public designation — known aliases, identifying particulars, the stated reason for listing and linked parties — alongside an independent, transparent risk indicator.
Reason for listing
(UK Sanctions List Ref):DPR0126. (UN Ref):KPe.013. DPRK financial institution Bank of East Land facilitates weapons-related transactions for, and other support to, arms manufacturer and exporter Green Pine Associated Corporation (Green Pine). Bank of East Land has actively worked with Green Pine to transfer funds in a manner that circumvents sanctions. In 2007 and 2008, Bank of East Land facilitated transactions involving Green Pine and Iranian financial institutions, including Bank Melli and Bank Sepah. The Security Council designated Bank Sepah in resolution 1747 (2007) for providing support to Iran’s ballistic missile program. Green Pine was designated by the Committee in April 2012.
Statement of reasons as published by UK OFSI. This is the issuing authority's wording, reproduced for reference.
Designation record
| List / authority | UK OFSI (OFSI) — Democratic People's Republic of Korea |
|---|---|
| Entity type | Organization |
| Programmes / regime | Democratic People's Republic of Korea |
| Date listed | 21/12/2011 |
| Source record ID | ofsi:12451 |
| Last updated (our copy) | 2026-06-04 |
Identity & particulars
| Nationality / country | North Korea |
|---|---|
| Address(es) | PO Box 32, BEL Building, Jonseung-Dung, Moranbong District, Pyongyang · North Korea |
Deep-research dossier
Not yet deep-researched
The instant review above is drawn from the public lists. A deep-research dossier goes much further — an analyst-grade OSINT report: associate & co-investment network screening, structural / ownership opacity, a dated risk trajectory, an 8-factor scoring model, and numbered, source-linked evidence. See the format in the design system.
Clarifications & right of reply
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Source & provenance
| Issuing authority | HM Treasury — Office of Financial Sanctions Implementation (OFSI) |
|---|---|
| Source identifier | ofsi:12451 |
| Aggregated by | Sanctiometer (independent) — verify against the issuing authority's official list before acting. |