Tag: loans

N. Korean province turn to bank loans to counter private lending...

North Hwanghae's provincial people's committee plans to facilitate bank loans to farms for spring planting, Daily NK has learned. According to a source in the...

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 Korean parents vie to support mobilized students in disaster zone

North Korean students from Kim Il Sung University of Politics have been mobilized for flood-recovery work in North Pyongan province's Uiju county since early...

N. Korea mounts harsh crackdown on loan sharks

North Korea is in the midst of a major crackdown on loan sharks following the passage of a "Loan Law" in early February, Daily...

Superstition makes getting loans difficult in January, sources

Many North Koreans in of business loans are unable to get them due to the country’s economic downturn and a custom of avoiding loans...

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