Hangul: | 단천상업은행 |
Hanja: | 端川商業銀行 |
Rr: | Dancheon sangeob eunhaeng |
Mr: | Tanch'ŏn sangŏb ŭnhaeng |
Context: | north |
Othername1: | Former name |
Hangul1: | 창광신용은행 |
Hanja1: | 蒼光信用銀行 |
Rr1: | Changgwang sinyong eunhaeng |
Mr1: | Ch'anggwang sinyong ŭnhaeng |
Othername2: | Former name |
Hangul2: | 룡악산은행 |
Hanja2: | 龍岳山銀行 |
Rr2: | Yongaksan eunhaeng |
Mr2: | Ryongaksan ŭnhaeng |
Tanchon Commercial Bank (formerly called Changgwang Credit Bank;[1] [2] possibly called Danchon Bank) is a North Korean bank.[3] It was originally opened in August 1986.[4]
Tanchon Bank has about thirty employees and has regional offices specializing in weapon sales in the Middle East, Myanmar, and Africa.[5]
According to a Business Insider article, it is the financial institution used "to repatriate and hold foreign currency accounts" and under the control of the Ministry of Industry.[6]
The bank's purpose was to handle transactions concerning Yongaksan Trading Company and as a fund manager for the Second Economic Committee.[4] At one time, the bank's leader was Maeng Bong-shik.[4]
The bank's address is Saemul 1-Dong Pyongchon District, Pyongyang, North Korea.
Mun Chong-chol is a Tanchon Commercial Bank representative.[7]