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US sanctions N.Korea bank
(Agencies)
Updated: 2009-08-12 01:43

WASHINGTON:The United States on Tuesday slapped sanctions on North Korea's Korea Kwangson Banking Corp for its role in helping Pyongyang-linked firms accused of proliferating missiles and weapons of mass destruction.

The U.S. Treasury Department said the bank had provided financial services to three firms already sanctioned under U.N. Security Council Resolution 1718.

Korea Kwangson Banking would face a freeze of any assets in the United States and be banned from doing business with U.S. financial institutions, it said.