North Korea probes bank loan collusion

North Korea probes bank loan collusion

North Korean authorities have launched sweeping inspections of bank loan practices in 2026. The goal is to root out possible collusion between banks and state enterprises over lending and interest repayments. The crackdown has left bank officials and company accountants on edge. Inspectors dispatched from the central government began pilot inspections in late June, according to the source, who spoke to Daily NK on Monday. The teams are reviewing…