Central Bank of the Democratic People’s Republic of Korea

E231392

central bank state-owned financial institution

The Central Bank of the Democratic People’s Republic of Korea is North Korea’s state-owned central banking institution responsible for issuing currency and overseeing the country’s highly centralized monetary system.

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All labels observed (3)

Label	Occurrences
Central Bank of the Democratic People’s Republic of Korea canonical	7
Central Bank of the DPRK	1
Foreign Trade Bank of the DPRK	1

How this entity was disambiguated

This entity first appeared as the object of triple T2079917 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.

NED1 Entity disambiguation (via context triple) gpt-5-mini-2025-08-07

Target entity: Central Bank of the Democratic People’s Republic of Korea
Context triple: [North Korean won, monetaryAuthority, Central Bank of the Democratic People’s Republic of Korea]

A. Bank of Korea
The Bank of Korea is the central bank of South Korea, responsible for formulating and implementing the nation’s monetary policy and maintaining financial stability.
B. Central Bank of Iran
The Central Bank of Iran is the country’s primary monetary authority responsible for issuing currency, regulating the banking system, and implementing monetary policy.
C. People's Bank of China
The People's Bank of China is the central bank of the People's Republic of China, responsible for formulating and implementing monetary policy, regulating financial institutions, and managing the country's currency and foreign exchange reserves.
D. Central Bank of Kuwait
The Central Bank of Kuwait is the country’s monetary authority responsible for issuing the national currency, regulating the banking sector, and formulating monetary policy.
E. National Bank of Kazakhstan
The National Bank of Kazakhstan is the country's central bank, responsible for monetary policy, financial stability, and issuance of the national currency, the tenge.
F. None of above. chosen
G. Unsure - the case is ambiguous/there is not enough information to decide.

NED2 Entity disambiguation (via description) gpt-5-mini-2025-08-07

Target entity: Central Bank of the Democratic People’s Republic of Korea
Target entity description: The Central Bank of the Democratic People’s Republic of Korea is North Korea’s state-owned central banking institution responsible for issuing currency and overseeing the country’s highly centralized monetary system.

A. Bank of Korea
The Bank of Korea is the central bank of South Korea, responsible for formulating and implementing the nation’s monetary policy and maintaining financial stability.
B. Central Bank of Iran
The Central Bank of Iran is the country’s primary monetary authority responsible for issuing currency, regulating the banking system, and implementing monetary policy.
C. People's Bank of China
The People's Bank of China is the central bank of the People's Republic of China, responsible for formulating and implementing monetary policy, regulating financial institutions, and managing the country's currency and foreign exchange reserves.
D. Central Bank of Kuwait
The Central Bank of Kuwait is the country’s monetary authority responsible for issuing the national currency, regulating the banking sector, and formulating monetary policy.
E. National Bank of Kazakhstan
The National Bank of Kazakhstan is the country's central bank, responsible for monetary policy, financial stability, and issuance of the national currency, the tenge.
F. None of above. chosen

Statements (42)

Predicate	Object
instanceOf	central bank ⓘ state-owned financial institution ⓘ
continent	Asia ⓘ
country	Democratic People’s Republic of Korea ⓘ linked to: North Korea North Korea ⓘ
currencyCode	KPW ⓘ
currencyIssued	North Korean won ⓘ
economicModelContext	centrally planned economy ⓘ
function	centralized allocation of credit ⓘ management of state budget accounts ⓘ settlement of interbank payments ⓘ
hasCharacteristic	centralized control by the state ⓘ limited transparency ⓘ
headquartersLocation	Pyongyang ⓘ
implementsPolicyOf	Government of the Democratic People’s Republic of Korea ⓘ linked to: North Korean government Workers’ Party of Korea ⓘ linked to: Workers' Party of Korea
isPartOf	state apparatus of North Korea ⓘ
jurisdiction	Democratic People’s Republic of Korea ⓘ linked to: North Korea
legalStatus	government agency of North Korea ⓘ
monetaryRegime	non-convertible currency system ⓘ
monopolyOn	issuance of the North Korean won ⓘ
nativeNameLanguage	Korean ⓘ
officialName	Central Bank of the Democratic People’s Republic of Korea ⓘ
operatesIn	socialist economic system ⓘ
ownership	state-owned ⓘ
primaryClient	Government of North Korea ⓘ linked to: North Korean government
region	East Asia ⓘ
regulatoryScope	domestic currency circulation ⓘ foreign exchange controls in North Korea ⓘ
reportsTo	Cabinet of North Korea ⓘ
responsibility	acting as banker to the government of North Korea ⓘ implementing monetary policy in North Korea ⓘ issuing currency of North Korea ⓘ managing official foreign exchange reserves of North Korea ⓘ overseeing the monetary system of North Korea ⓘ regulating money supply in North Korea ⓘ
sector	banking ⓘ monetary authority ⓘ
shortName	Central Bank of the DPRK ⓘ linked to: Central Bank of the Democratic People’s Republic of Korea
supervises	banking sector of North Korea ⓘ
systemType	highly centralized monetary system ⓘ
usesLanguage	Korean ⓘ

How these facts were elicited

Referenced by (9)

Full triples — surface form annotated when it differs from this entity's canonical label.

North Korean won → monetaryAuthority → Central Bank of the Democratic People’s Republic of Korea ⓘ

North Korean won → centralBank → Central Bank of the Democratic People’s Republic of Korea ⓘ

North Korean won → issuer → Central Bank of the Democratic People’s Republic of Korea ⓘ

Korean Central History Museum → near → Foreign Trade Bank of the DPRK ⓘ

linked to: Central Bank of the Democratic People’s Republic of Korea

KPW → regulatedBy → Central Bank of the Democratic People’s Republic of Korea ⓘ

KPW → monetaryAuthority → Central Bank of the Democratic People’s Republic of Korea ⓘ

Central Bank of the Democratic People’s Republic of Korea → officialName → Central Bank of the Democratic People’s Republic of Korea ⓘ

Central Bank of the Democratic People’s Republic of Korea → shortName → Central Bank of the DPRK ⓘ