Tag: banking
N. Korea’s central bank audits S. Hwanghae province, eyes financial sector...
North Korea's central bank conducted a two-week audit of the Commercial Bank of South Hwanghae province beginning Sept. 1. The audit focused primarily on...
North Korea inspects national e-payment infrastructure
As North Korea conducts a sweeping inspection of its e-payment system, the Pyongyang Information Technology Bureau has been leading inspections of computer networks and...
Cash to Cards: North Korea’s rocky road to electronic finance
North Korean authorities have taken a number of measures to increase the use of debit cards and promote electronic payments and shopping since the...
N. Korea inspects electronic payment system to boost safety, efficiency
North Korea will inspect its domestic electronic payment system from July to October to improve the safety and efficiency of operations, Daily NK has...
N. Korean e-payment services popular among young people
Electronic payment services such as offline payments using QR codes are becoming increasingly popular among young North Koreans in major cities, Daily NK has...
S. Pyongan Province’s rural areas are facing extreme levels of hardship
People living in farming communities in South Pyongan Province are suffering extreme hardship, Daily NK has learned.
Speaking on condition of anonymity, a Daily NK...
N. Korea hands out eight months’ worth of rations to major...
North Korea has recently provided workers at eight major munitions factories in Pyongyang, North Pyongan Province, and other areas of the country with eight...
N. Korean importers complain about long inspection periods
North Korean importers are complaining that inspections of goods at Hyesan's customs house are taking too long, Daily NK has learned.
Speaking on condition of...
N. Korea moves to increase public confidence in banking system
Four months have passed since North Korea launched what it calls its "20×10 regional development policy." Kim Jong Un personally unveiled the project, which...
North Korea urges factory workers to use banking services
The North Korean authorities are making it mandatory for factory workers to use banking services, including bank accounts and bank cards, as part of...
