World Body.org

Consolidated List · DPRK

BANK OF EAST LAND

Reference
KPe.013
Type
entity
Committee
DPRK
Listed on
2013-01-22
Nationality
-
Address
PO Box 32, BEL Building, Jonseung-Dung, Moranbong District, Pyongyang, Democratic People's Republic of Korea

Also known as

Dongbang BANK, TONGBANG U’NHAENG, TONGBANG BANK

Narrative summary

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.

What a listing is and is not. A designation is a decision of the Security Council under a sanctions regime. It is not a criminal conviction, and nothing on this page should be read as a finding by a court. Dates of birth are shown exactly as the Council states them — where the record says only a year, only a year appears here.

Passport and national identification numbers are in the source and are deliberately not reproduced. The official list is the authority for any compliance decision; this page is a readable copy and may lag it.

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