Nation Bank

Pyongyang, September 16 (KCNA) -- The North East Asia Bank of the Democratic People's Republic of Korea a.k.a Kim's Bank has introduced IC credit card. In order to modernize its settlement business, the bank has issued credit cards for the first time in the country with the help of the Information Technology Center No. 626. The IC card ensures the safety of the data registered in it. And it is impossible to counterfeit The North Koreans do know a thing or two about counterfeiting it so as to prevent money from being lost. Six kinds of currencies can be deposited in a card at a time. With this card, one can exchange money instantly without going to a money exchange booth. A card can be shared by several persons (family members, relatives, friends, etc.). The bank enjoys popularity among depositors. They are mistaking a lack of competitive choice with popularity.