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Cheil Credit Bank

Bank · Sanctioned entity

Cheil Credit Bank is subject to sanctions. See the individual program listings below.

Type	Company				[sources]
Name	CHEIL CREDIT BANK · Cheil Credit Bank · FIRST CREDIT BANK · First Trust Bank Corporation · チェイル・クレジット・バンク				[sources]
Other name	Cheil Credit Bank · DPRK First Credit Bank · FIRST CREDIT BANK · First Credit Bank · First Trust Bank · 4 more...				[sources]
Weak alias	KYONGYONG CREDIT BANK				[sources]
Incorporation date	not available				[sources]
Jurisdiction	not available				[sources]
Country	China · North Korea				[sources]
Description	Joint venture, established in 2008 by Miracle Commerce Pte. Ltd. and its CEO William Toh (a.k.a. Toh Hwee Howe), handling trade of foreign-invest DPRK firms with Russia. Belongs to the Workers' Party of Korea (DPRK).				[sources]
ID Number	`BIC: KYCBKPPYXXX`				[sources]
Phone	+850 2 433-1575 (02-433-1575) · 961-0003 · 961-3331				[sources]
Registration number	`ZSYFLE2T5GK5`				[sources]
SWIFT/BIC	`KYCBKPPY`				[sources]
Address	3-18 PYONGYANG INFORMATION CENTER, POTONGGANG DISTRICT, PYONGYANG, PRK · 3-18 Pyongyang Information Center, Potonggang District · 3-18 Pyongyang Information Center, Potonggang District, Pyongyang · Beijing · KYONGHUNG-DONG PYONGYANG INFORMATION CENTRE PYONGYANG KOREA, DEMOCRATIC PEOPLE'S REP. OF · 5 more...				[sources]
Source link	sanctionssearch.ofac.treas.gov · www.nknews.org · www.nknews.org				[sources]
Last change	2024-06-28	Last processed	2024-10-09	First seen	2022-04-27

Descriptions

Part of North Korea’s financial network. SWIFT KYCBKPPYXXX

— Australian Sanctions Consolidated List, 2023-04-20

（別称）ファースト・クレジット・バンク

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

SWIFT/BIC：KYCBKPPYXXX

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

f.k.a. Kyongyong Credit Bank

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

（旧称）キョンギョン・クレジット・バンク

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

First Credit Bank

— Japan Economic Sanctions and List of Eligible People, 2023-04-20

Relationships

Address
Full address	Country
Shenyang	China
北朝鮮平壌特別市普通江通り平壌インフォメーションセンター3-18；中華人民共和国北京市；中華人民共和国瀋陽市；中華人民共和国上海市	-
Shanghai, China · 中華人民共和国上海市	-
Beijing · Beijing, China · 中華人民共和国北京市	China
a) 3-18 Pyongyang Information Centre, Potonggang District, Pyongyang, North Korea	-
Shenyang, China	-
Beijing	China
Shanghai	China
3-18 Pyongyang Information Center, Potonggang District, Pyongyang	North Korea

Employees
Employee	Role	Start date	End date
Chosen Soren	Founder	-	-
Jo Myong Chol	Representative in Vladivostok	-	-
Pak Chol Nam	Representative based in Beijing, China	-	-
Kim Kyong Hyok	Representative based in Shanghai, China	-	-

Linked from
Subject	Role	Start date	End date
First Oil JV Co. Ltd.	Affiliated	-	-
Miracle Commerce Pte. Ltd.	Miracle Commerce Pte. Ltd. established the Cheil Credit Bank as a joint venture	2008	-

Linked to
Object	Role	Start date	End date
Central Committee of the Korean Workers' Party	First Trust Bank belongs to the Workers' Party of Korea	-	-

Sanctions
Authority	Program	Start date	End date
Department of Foreign Affairs and Trade	Autonomous (DPRK)	2023-12-01	-
Ministry of Finance	国際平和のための国際的な努力に我が国として寄与するために講ずる資産凍結等の措置の対象となる	2017-11-07	-
Office of Foreign Assets Control	SDN List	-	-
TREAS-OFAC	Reciprocal	2017-09-26	-

Data sources

Business Identifier Code (BIC) Reference Data56,295

Reference data for SWIFT BIC code, including bank names and addresses

SWIFT

US Trade Consolidated Screening List (CSL)20,290

The Consolidated Screening List (CSL) is a list of parties for which the United States Government maintains restrictions on certain exports, reexports, or transfers of items.

United States · ITA

DPRK Reports5,540

A database of entities and events related to North Korea's sanctions evasion efforts.

United Kingdom · RUSI · non-official source

US SAM Procurement Exclusions115,263

A database of suppliers who have been excluded from participating in US federal procurement.

United States · GSA

US OFAC Specially Designated Nationals (SDN) List31,940

The primary United States' sanctions list, specially designated nationals (SDN) part.

United States · OFAC

Japan Economic Sanctions and List of Eligible People3,597

Sanctions imposed by Japan under its Foreign Exchange and Foreign Trade Law.

Japan · MoF

Australian Sanctions Consolidated List4,259

The Consolidated List is a list of all persons and entities who are subject to targeted financial sanctions under Australian sanctions law

Australia · DFAT

Source data IDs: usgsa-s4mr6hn3h · kprusi-e5086c56f68eaf3bb1d037bc7b52f1c9849f4042 · ja-mof-86eabf0f15f159eacc26e26731a732a9e0fbff2e · au-dfat-3422-cheil-credit-bank · bic-KYCBKPPY · ofac-22985

For experts: raw data explorer

Factsheet Descriptions Data sources

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Address
Full address	Country
Shenyang	China
北朝鮮平壌特別市普通江通り平壌インフォメーションセンター3-18；中華人民共和国北京市；中華人民共和国瀋陽市；中華人民共和国上海市	-
Shanghai, China · 中華人民共和国上海市	-
Beijing · Beijing, China · 中華人民共和国北京市	China
a) 3-18 Pyongyang Information Centre, Potonggang District, Pyongyang, North Korea	-
Shenyang, China	-
Beijing	China
Shanghai	China
3-18 Pyongyang Information Center, Potonggang District, Pyongyang	North Korea

Employees
Employee	Role	Start date	End date
Chosen Soren	Founder	-	-
Jo Myong Chol	Representative in Vladivostok	-	-
Pak Chol Nam	Representative based in Beijing, China	-	-
Kim Kyong Hyok	Representative based in Shanghai, China	-	-

Linked from
Subject	Role	Start date	End date
First Oil JV Co. Ltd.	Affiliated	-	-
Miracle Commerce Pte. Ltd.	Miracle Commerce Pte. Ltd. established the Cheil Credit Bank as a joint venture	2008	-

Linked to
Object	Role	Start date	End date
Central Committee of the Korean Workers' Party	First Trust Bank belongs to the Workers' Party of Korea	-	-

Sanctions
Authority	Program	Start date	End date
Department of Foreign Affairs and Trade	Autonomous (DPRK)	2023-12-01	-
Ministry of Finance	国際平和のための国際的な努力に我が国として寄与するために講ずる資産凍結等の措置の対象となる	2017-11-07	-
Office of Foreign Assets Control	SDN List	-	-
TREAS-OFAC	Reciprocal	2017-09-26	-