UKSL Sanctions designation

AMROGGANG DEVELOPMENT BANKING CORPORATION

Entity · designated 2 May 2012

Designation identifiers

UKSL unique ID
DPR0125
OFSI group ID
12450
UN reference number
KPe.009
Designation type
Entity
Date designated
2 May 2012
Last updated
13 January 2022

Regimes

  • The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019

Designation sources

  • UN

Sanctions imposed

  • Asset freeze
  • Chartering of Ships
  • Closure of representative offices
  • Crew servicing of ships and aircraft
  • Prevention of business arrangements
  • Prohibition of port entry

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 the Committee in April 2009 and is the main DPRK financial entity for sales of conventional arms, ballistic missiles, and goods related to the assembly and manufacture of such weapons. KOMID was designated by the Committee in April 2009 and is the DPRK’s primary arms dealer and main exporter of goods and equipment related to ballistic missiles and conventional weapons. The Security Council designated SHIG in resolution 1737 (2006) as an entity involved in Iran’s ballistic missile programme.

Addresses

  • Lines: Tongan-dong
  • Lines: Pyongyang
  • Country: North Korea
!

This directory is not a substitute for sanctions compliance screening. Ownership and control rules can apply to entities that are not separately named. Verify the current official list and obtain appropriate advice.