Sanctioned Korea Daesong Bank launches new ‘Kumgil’ debit card | NK News
NK News Logo
November 06, 2024
News

Sanctioned Korea Daesong Bank launches new ‘Kumgil’ debit card

Despite new options, Narae remains go-to card for North Koreans, says source

A sanctioned North Korean bank has rolled out a new electronic debit card named "Kumgil," numerous photos taken earlier this year in Pyongyang reveal.

Kumgil, which means "gold road" in Korean, is issued by Korea Daesong Bank (Choson Taesong Unhaeng) - currently blacklisted by the United Nations Security Council (UNSC).

Try unlimited access
Only $1 for four weeks

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • Year-one discount if you continue past $1 trial period
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.