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Private company

Golden Star Bank

North Korean bank

The Golden Star Bank was North Korea (DPRK)'s last bank in Europe.2 It is part of Taesong Bank.1 It ceased to exist in 2004.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1982Founded1
  • Industryfinancial sector1
  • HeadquartersVienna1

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Kaiserstraße 12 I
Photo: Funke, CC BY-SA 4.0, via Wikimedia Commons4

The Golden Star Bank was North Korea (DPRK)'s last bank in Europe.2

Corporate structure

Golden Star Bank is part of a group headed by Taesong Bank. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

It was established in 1982, located in Vienna, Austria, and owned by Taesong Bank. In 2003, the Austrian Interior Ministry released a report that claimed that the bank was engaging in espionage, "money-laundering, the distribution of forged currency and illegal trade with radioactive substances." The bank was closed in June 2004 amid suspicions of money laundering and the funding of North Korean arms, although there was not enough evidence to start a criminal trial.

From Wikipedia’s article on Golden Star Bank, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. 2004Dissolved Dissolved1
  2. 1982Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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