OFSI sanctions listing
DAEDONG CREDIT BANK (DCB)
DAEDONG CREDIT BANK (DCB) 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 05/03/2016. 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):DPR0131. (UN Ref):KPe.023. SWIFT: DCBKKPPY. Daedong Credit Bank has provided financial services to the Korea Mining Development Trading Corporation (KOMID) and Tanchon Commercial Bank. Since at least 2007, DCB has facilitated hundreds of financial transactions worth millions of dollars on behalf of KOMID and Tanchon Commercial Bank. In some cases, DCB has knowingly facilitated transactions by using deceptive financial practices.
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 | 05/03/2016 |
| Source record ID | ofsi:13341 |
| Last updated (our copy) | 2026-06-04 |
Identity & particulars
| Nationality / country | North Korea |
|---|---|
| Address(es) | Ansan-dong, Botonggang Hotel, Pongchon, 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
Are you DAEDONG CREDIT BANK (DCB), or an authorised representative?
You — or your counsel or agent — can file a clarification and supporting documents against this record. Filings are reviewed and verified before anything is published; submissions are never posted automatically.
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Source & provenance
| Issuing authority | HM Treasury — Office of Financial Sanctions Implementation (OFSI) |
|---|---|
| Source identifier | ofsi:13341 |
| Aggregated by | Sanctiometer (independent) — verify against the issuing authority's official list before acting. |