Bank of East Land
in North Korea 🇰🇵
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About Bank of East Land in North Korea
Bank of East Land (also known as Dongbang Bank, Tongbang Bank, or Eastern Bank) is a North Korean financial institution headquartered in Pyongyang. The bank is associated with the Dongbang Economic Group and serves as the financial arm of Green Pine Associated Corporation, a conventional arms manufacturer and exporter. Bank of East Land operates under the Ministry of People's Armed Forces 821 Bureau.
The institution has been subject to extensive international sanctions due to its role in facilitating weapons-related transactions and supporting North Korea's arms trade.