Last Updated: January 19, 2026
GOLDEN TRIANGLE BANK
Aliases
GTB; GOLDEN DELTA BANK
Address
GTB Building, Namsan-Dong Rason, Namsan, Korea, North; Rajin-Songbong Free Economic and Trade Zone, Korea, North
Official reason
Golden Triangle Bank (GTB) is one of the largest financial institutions in the DPRK’s Rason Special Economic Zone. As a state-owned company of the DPRK government, the GTB is used by foreigners to exchange foreign currency into local currency for use within the DPRK. GTB is being designated pursuant to Executive Order (E.O.) 13810 for operating in ...
Other Information
https://home.treasury.gov/news/press-releases/jy2751
Date of listing
2024-12-16
Program information
Authority
US
Program
Executive Order 13810 of September 20, 2017 Imposing Additional Sanctions With Respect to North Korea
Regime
OFAC country specific / UN
Target State
Democratic People's Republic of Korea
Measures
Blocking Property, Suspending Entry, Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/topic/1556 460. Can U.S. persons do business with entities in North Korea? No. Unless authorized pursuant to a general or specific license from OFAC and/or BIS, Executive Order (E.O.) 13722 prohibits new investment in North Korea by a U.S. person and the exportation or reexportation, from the United States, or by...
Official Information
The United States imposed a near total economic embargo on the DPRK in 1950 after the DPRK attacked the South, sparking the Korean war. Over the following years, some U.S. sanctions were eased, but others were imposed. Executive Order 13810 was issued on September 21, 2017, in the wake of the DPRK’s September 2017 nuclear test and multiple intercon...
Additional Details
SDN
Program URL