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FOREIGN TRADE BANK (FTB)

Sanctioned entity · Counter-sanctioned entity
TypeCompany[sources]
NameDIŞ TİCARET BANKASI (FOREIGN TRADE BANK/FTB) · FOREIGN TRADE BANK · FOREIGN TRADE BANK (FTB) · FOREIGN TRADE BANK OF THE DEMOCRATIC PEOPLE'S REPUBLIC OF KOREA · Foreign Trade Bank · 6 more...[sources]
Other nameFOREIGN TRADE BANK (FTB) · FTB · Foreign Trade Bank of the DPRK · Korea Trade Bank · Korea Trading Bank · 9 more...[sources]
Incorporation datenot available[sources]
Jurisdictionnot available[sources]
CountryNorth Korea[sources]
Description"Foreign Trade Bank is a state-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation (KKBC. KPe.025)." Blocked by SWIFT in March 2017. Manages State foreign exchange transactions and diplomatic accounts. Reportedly established a Dandong branch in China in 2002. Legal proceedings indicate that the bank continued to operate or control China-based accounts after China indicated that it had notified the Panel that it had “taken corresponding measures in accordance with the requirement of the resolutions [and] closed all the representative offices of the Democratic People’s Republic of Korea financial institutions in China in 2016. Russian authorities also confirmed in 2019 that the bank had ceased all operations in 2016.[sources]
ID NumberBIC: FTBDKPPYXXX · SWIFT/BIC: FTBDKPPY[sources]
PermID5001108036[sources]
Phone+850 2 18111 · +850 2 3814467[sources]
Registration numberV9JGSSZT8QY5[sources]
SWIFT/BICFTBDKPPY[sources]
StatusActive[sources]
AddressFTB BUILDING, JUNGSONG-DONG, CENTRAL DISTRICT, PYONGYANG, PRK · FTB Building, Jungsong-dong, Central District Pyongyang Democratic Peoples Republic of Korea · FTB Building, Jungsong-dong, Central District, Pyongyang · FTB Building, Jungsong-dong, Central District, Pyongyang, Democratic People's Republic of Korea · FTB Building, Jungsong-dong, Central District, Pyongyang, Kore Demokratik Halk Cumhuriyeti · 5 more...[sources]
Source linkgels-avoirs.dgtresor.gouv.fr · permid.org · sanctionssearch.ofac.treas.gov · www.nknews.org[sources]
Last changeLast processedFirst seen

Descriptions

Foreign Trade Bank is a state-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation. SWIFT/BIC: FTBDKPPY.

— Australian Sanctions Consolidated List,

Foreign Trade Bank is a State-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation.

— Belgian Financial Sanctions,

SWIFT/BIC: FTBDKPPY.

— Swiss SECO Sanctions/Embargoes,

Foreign Trade Bank is a State-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation.

— Swiss SECO Sanctions/Embargoes,

Foreign Trade Bank is a State-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation.

— EU Financial Sanctions Files (FSF),

est une banque d'État qui fait office de principale banque cambiste de la RPDC et a procuré un soutien financier déterminant à la Korea Kwangson Banking Corporation

— French National Asset Freezing System,

Foreign Trade Bank is a state-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation. SWIFT/BIC: FTBDKPPY.

— UK FCDO Sanctions List,

Foreign Trade Bank is a state-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation. SWIFT/BIC: FTBDKPPY.

— UK HMT/OFSI Consolidated List of Targets,

Other information: Foreign Trade Bank is a state-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation

— Israel Prevention of Distribution and Financing of WMDs designations,

SWIFT/BIC：FTBDKPPY

— Japan Economic Sanctions and List of Eligible People,

FTB; Mooyokbank; Korea Trading Bank

— Japan Economic Sanctions and List of Eligible People,

エフ・ティー・ビー；ムヨクバンク；コリア・トレーディング・バンク

— Japan Economic Sanctions and List of Eligible People,

SWIFT/BIC:FTBDKPPY

— Japan Economic Sanctions and List of Eligible People,

According to Annex XXIII (p. 130) of the UN Panel of Experts June 2013 report, the Foreign Trade Bank established a branch in Dandong, China, in 2002.

— DPRK Reports non-official source,

Adresse : FTB Building, Jungsong-dong, Central District, Pyongyang, RPDC SWIFT/BIC: FTBDKPPY

— Monaco National Fund Freezing List,

Банк внешней торговли принадлежит государству, действует как основной банк КНДР, работающий с иностранной валютой, и оказывал ключевую финансовую поддержку Корейской банковской корпорации «Квансон».

—

Foreign Trade Bank is a state-owned bank and acts as the DPRK’s primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation. SWIFT/BIC: FTBDKPPY.

— UN Security Council Consolidated Sanctions,

Foreign Trade Bank is a state-owned bank and acts as the DPRKs primary foreign exchange bank and has provided key financial support to the Korea Kwangson Banking Corporation. SWIFT/BIC: FTBDKPPY.

— South Africa Targeted Financial Sanctions,

Relationships

Data sources

South Africa Targeted Financial Sanctions876

The South African FIC sanctions list, largely based on UN Security Council sanctions.

South Africa · FIC

Ukraine SFMS Blacklist872

Ukraine's financial intelligence unit publishes this list of sanctioned individuals.

Ukraine · SFMS

Monaco National Fund Freezing List4,559

A list of entities subject to fund and economic resource freezing procedures

Monaco · Monaco

UN Security Council Consolidated Sanctions1,238

The Security Council's set of sanctions serve as the foundation for most national sanctions lists.

UNSC

French National Asset Freezing System5,117

The register lists all persons, entities and vessels subject to asset freezing measures in force on French territory, pursuant to national, European and international (UN) provisions.

France · DGT

UK HMT/OFSI Consolidated List of Targets6,277

The United Kingom's consolidated international sanctions list.

United Kingdom · OFSI

Japan Economic Sanctions and List of Eligible People3,598

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

Japan · MoF

Japan METI End User List699

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

Japan · METI

DPRK Reports5,540

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

United Kingdom · RUSI · non-official source

US Trade Consolidated Screening List (CSL)20,801

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

UK FCDO Sanctions List4,678

UK sanctions collated by the Foreign, Commonwealth & Development Office

United Kingdom · FCDO

US SAM Procurement Exclusions120,096

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

United States · GSA

Australian Sanctions Consolidated List4,256

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

Australia · DFAT

Qatar Unified Record of Persons and Entities on Sanction List708

This dataset contains both UN-mandated and the national sanctions designations for Qatar (Targeted Financial Sanctions).

Qatar · NCTC

Swiss SECO Sanctions/Embargoes8,449

Switzerland manages a sanctions lists with a high degree of detail on the individuals that are subject to it's embargoes

Switzerland · SECO

US OFAC Specially Designated Nationals (SDN) List33,150

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

United States · OFAC

Belgian Financial Sanctions6,603

Belgium extends the European FSF sanctions list on the basis of a national terrorist list, issued by the National Security Council

Belgium · FOD

Türkiye Asset Freezing Sanctions List (MASAK)2,219

Individuals, entities, and organizations whose assets are frozen by the Republic of Türkiye based on United Nations Security Council resolutions, requests from foreign countries, domestic decisions, and efforts to counter the financing of proliferation of weapons of mass destruction.

Türkiye · MASAK

EU Financial Sanctions Files (FSF)6,364

As part of the Common Foreign Security Policy the European Union publishes a sanctions list that is implemented by all member states.

European Union · DG FISMA

Moldovan Sanctions for Terrorism and Proliferation of WMD698

Sanctions on persons and entities involved in terrorist activities and the proliferation of weapons of masss destruction

Moldova · CAS-SIS

Israel Prevention of Distribution and Financing of WMDs designations236

List of entities and individuals subject to sanctions under the Prevention of Distribution and Financing of Weapons of Mass Destruction Law

Israel · Isreali Ministry of Finance

External databases

The record has been enriched with data from the following external databases:

PermID Open Data2,939

Permanent Identifier (PermID) is a reference data spine offered by LSEG/Refinitiv to help create unique identifiers for organizations that are publicly listed.

External dataset · LSEG · non-official source

Source data IDs: ofac-15603 · gb-hmt-13536 · md-terr-2adc6036dca6d3edd5ab792fba3141123dccb984 · eu-fsf-eu-4132-93 · ru-wmd-131-kpe-047 · unsc-6908622 · qa-nctc-6908622-foreign-trade-bank-ftb · kprusi-3e0b60acd7dda2885244222b09609e194865abce · tr-fcib-2140dce68a0f37a4182d6c593637390be1ec1315 · mc-freezes-114b97f30954d21cda1a33331f139268f84f4740 · il-wmd-44830bf905cfee922bc032fd98ef41a2dfa5606f · gb-fcdo-dpr0134 · ch-seco-37021 · bic-FTBDKPPY · ja-mof-9856b059f63a43acad3ebd25014b2e82da365d6a · ua-sfms-1519 · zafic-77-foreign-trade-bank-ftb · jp-eul-65dbbd988b6f39ef841b9ff6335d6387a26c5946 · permid-5001108036 · NK-UMYpUAjvzAZC8wNtJSDSBh · jp-eul-a8a7f9516e88c6943cc0ebc264198c264a9036a3 · fr-ga-2343 · NK-8R5GhCKc8a6Vgjbx5hkD2j · usgsa-s4mr486r7 · au-dfat-3279-foreign-trade-bank-ftb · au-dfat-2653-foreign-trade-bank-ftb

For experts: raw data explorer

FactsheetDescriptionsData sources
OpenSanctions · Find sanctions targets and persons of interest
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