Kumgyo International Commercial Bank
in North Korea 🇰🇵
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About Kumgyo International Commercial Bank in North Korea
Kumgyo International Commercial Bank is a financial institution operating in the Democratic People's Republic of Korea (North Korea). The bank functions as part of North Korea's state-controlled banking infrastructure with a focus on international commercial activities.
The institution is affiliated with the Korean Chongsong Mining Company and the Changgwang Shop, indicating involvement in trade-related financial operations. The bank operates as a joint venture arrangement with international partners, including China Inner Mongolia Hongyuan International Trade Corporation Ltd., with reported counterparts in Russia, China, and other countries.