Last Updated: January 19, 2026
AMROGGANG DEVELOPMENT BANKING CORPORATION
Aliases
Amnokkang Development Bank; AMROGGANG Development Bank
Address
Tongan-dong, Pyongyang, North Korea
Other Information
Amroggang, which was established in 2006, is a Tanchon Commercial Bank-related company managed by Tanchon officials. Tanchon plays a role in financing KOMID’s sales of ballistic missiles and has also been involved in ballistic missile transactions from KOMID to Iran’s Shahid Hemmat Industrial Group (SHIG). Tanchon Commercial Bank was designated by ...
Date of listing
2012-05-02
Program information
Authority
UK
Program
The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019
Regime
UN, UK country specific
Target State
Democratic People's Republic of Korea
Measures
Asset freeze and making available provisions, Trade sanctions, Travel bans, Transport sanctions
Sanctions Portfolio
• The Regulations impose financial sanctions through a targeted asset freeze on designated persons and prohibitions on making funds or economic resources available. This involves the freezing of funds and economic resources (non-monetary assets, such as property or vehicles) of designated persons and ensuring that funds and economic resources are n...
Official Information
The Democratic People’s Republic of Korea (Sanctions) (EU Exit) Regulations 2019 came fully into force on 31 December 2020. They are intended to ensure that certain sanctions measures relating to the Democratic People’s Republic of Korea continue to operate effectively. You should also review the Sanctions (EU Exit)(Miscellaneous Amendments) Regul...
Additional Details
Licencing, exception and direction provisions are contained in Part 9 of the Regulations.
Program URL