A North Korean bank blacklisted by the U.S. Department of the Treasury is now providing customers with trust fund accounts and significant rates of return, a pamphlet obtained in-country by NK News has revealed.
The Daesong Credit Development Bank was established in 1994 and has branches in the DPRK and overseas. The bank has implemented “comprehensive financial services", the brochure claims.
A North Korean bank blacklisted by the U.S. Department of the Treasury is now providing customers with trust fund accounts and significant rates of return, a pamphlet obtained in-country by NK News has revealed.
The Daesong Credit Development Bank was established in 1994 and has branches in the DPRK and overseas. The bank has implemented “comprehensive financial services", the brochure claims.
Become a member for less than $4 per week.
Unlimited access to all of NK News: reporting, investigations, analysis
The NK News Daily Update, an email newsletter to keep you in the loop
Searchable archive of all content, photo galleries, special columns
Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now
All major cards accepted. No commitments – you can cancel any time.
SHARE
COPY LINK
X
MASTODON
