Moon Banking

Tongdae Bank

in North Korea 🇰🇵

Tongdae Bank in North Korea is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About Tongdae Bank in North Korea

Tongdae Bank (동대은행, 东大银行) is a financial institution operating in the Rason Special Economic Zone (SEZ) in North Korea. The bank is one of several financial organizations established to support the special economic zone's goal of promoting foreign investment and international trade. As part of the Rason SEZ, Tongdae Bank operates under a different economic framework than the rest of North Korea, where foreign currency transactions and market-based banking activities are permitted.

The bank's presence represents part of North Korea's experiment with market economics in designated controlled areas. Information about Tongdae Bank's specific operations, ownership structure, and services remains limited due to the restricted nature of North Korea's financial system.