Verified List of Banks in North Korea (2026 Update)
Official Name: Democratic People's Republic of Korea
Capital City: Pyongyang
Currency: North Korean Won (KPW)

Continent: Asia Country: N.Korea Total Banks: 20
The North Korea section of our directory lists 20 verified financial institutions, concentrated in and around Pyongyang. Verification was completed as part of the 2026 data cycle.
North Korea holds 2.00 tonnes of gold reserves, a hard-asset buffer factored into its broader financial resilience profile. North Korea has a population of approximately 26,600,000, offering scale context for its 20 listed banking institutions. Average inflation is estimated at approximately 13.00%, a useful benchmark for currency and purchasing-power stability in the region. Foreign Trade Bank is recognized as the largest commercial bank serving North Korea.
Bankinfobook estimates 80% SWIFT-to-Bank connectivity for North Korea, placing it in the 'Fragile' tier of our Financial Connectivity Index.
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✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.
Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist
Last Data Review: January 21, 2026






