Rason International Commercial Bank
in North Korea 🇰🇵
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About Rason International Commercial Bank in North Korea
Rason International Commercial Bank is a commercial bank operating in the Rason Special Economic Zone (SEZ) in North Korea. It is one of several financial institutions established to support economic activities within this unique zone, which was created to promote foreign investment and market-based economic experiments along North Korea's border with China and Russia.
The bank operates within a special regulatory framework that differs from the rest of North Korea, where market economics and foreign currency usage are permitted. As a commercial bank in the Rason SEZ, it serves businesses and individuals engaged in international trade and economic cooperation within the zone.