A new North Korean advertisement says the Jinmyong Joint Bank will offer up to an 11 percent annual interest rate for its customers, a picture taken last week at May’s Pyongyang International Trade Fair event has shown.

The new service, captured by visiting Singaporean photographer Aram Pan at the DPRK 360 website, would represent a noteworthy development in the DPRK banking sector if true.

“The electronic savings card is available for both domestic and international payments. Wire transfers and savings available from overseas,” the advertisement reads.

The lower part of the advert