Skip to content

Sili Bank

Professional services

UnclaimedRequest correction

A North Korean financial and communications company associated with an email relay service linking users in North Korea with the outside world.

Last updated August 26, 2026

AI crawler reads

No AI crawler has read this profile since Oct 28, 2026.

Overview

Sili Bank, also identified in reference material as Korea 626 Shenyang Co., is a North Korean financial and communications company associated with a specialized email relay service for communication with North Korea. The service operated through the silibank.net.kp domain and was designed for an environment in which ordinary Internet access was extremely limited. Rather than functioning as a conventional consumer Internet service provider, Sili Bank provided a controlled intermediary route: messages could be sent to an address connected with the service, relayed through its operating infrastructure in China, and delivered to or from North Korea under the constraints of the country’s communications system. The company was established on September 12, 2001. Its operating centre was located at the Chilbosan Hotel in Shenyang, China, a location that gave the service a practical connection to North Korean visitors, organizations, and communications channels outside the country. Early reporting described the service as charging users for each email sent. This transaction-based model reflected the unusual nature of the offering: Sili Bank was not selling mass-market broadband or ordinary webmail, but access to a scarce and geographically mediated communications path. Sili Bank attracted international attention because it represented one of the limited publicly reported mechanisms through which electronic messages could enter or leave North Korea. Its significance therefore lay less in scale than in the access problem it addressed. For people and institutions unable to use normal global email routes directly from North Korea, a relay arrangement based in China offered a narrow bridge between North Korean networks and the wider Internet. The company’s branding and website materials were presented in multiple languages, including English, Korean, Simplified Chinese, and Japanese, suggesting an intended audience extending beyond a single domestic user group. The service was closely associated with North Korean communications infrastructure and with the wider role of the Chilbosan Hotel as a venue connected to North Korean technology activities. Reference material also notes allegations or reports that the hotel served as a centre for North Korean computer-hacking and cyber-warfare operations. That association is relevant to the company’s historical context, but it does not by itself establish that Sili Bank participated in such operations. The available material primarily documents its email-relay function. Publicly documented information about Sili Bank’s ownership, management, finances, customer numbers, later product development, and present operating status is limited. No reliable information in the supplied sources establishes a current executive team, parent company, public listing, revenue, or continued activity. It is therefore best understood as a historically notable, narrowly focused communications service linked to North Korea and operated from China, rather than as a conventional international banking brand. Its present status remains uncertain.

History

Sili Bank was established on September 12, 2001, during a period when North Korea remained largely disconnected from the public Internet. The company is also referred to in reference material as Korea 626 Shenyang Co., linking it to Shenyang, China, where it operated from the Chilbosan Hotel. Its creation addressed a specific communications problem: users inside North Korea generally could not rely on ordinary international Internet connections, while people outside the country had few direct electronic channels to reach them. The company’s principal documented service was an email relay associated with the silibank.net.kp domain. The arrangement provided a controlled route for messages moving into and out of North Korea. Sili Bank initially charged a fee for each email sent, indicating a usage-based commercial model rather than an unrestricted mailbox or subscription-based consumer service. The service was consequently closer to a communications gateway than to a conventional bank, despite the financial language in its name and its description as a financial company in reference material. Sili Bank gained attention in international technology and newspaper coverage in November 2001. Reports described it as one of the few publicly visible mechanisms for sending electronic mail to North Korea. Its importance was tied to the country’s unusually restrictive information environment: a limited relay could provide practical value even if it did not offer general web access, broadband, or unrestricted Internet connectivity. The company’s website was presented in English, Korean, Simplified Chinese, and Japanese, indicating an effort to communicate with an international audience and with users connected to the Korean peninsula and China. The Chilbosan Hotel, where the company’s operating centre was located, also appears in wider reporting about North Korean technology activity. Reference material states that the hotel served as a centre for North Korean computer hacking and cyber-warfare operations. This creates a significant contextual association around Sili Bank’s location, but the available sources do not establish that Sili Bank itself conducted hacking or cyber-warfare. The documented business activity is the provision of email relay services. Beyond the early-2000s reporting, publicly available information is sparse. The supplied material does not establish the identities of the company’s founders or executives, its legal ownership, financial performance, customer base, later products, or whether the service remains active. Nor does it show that Sili Bank became a broad international financial institution. Its historical profile is instead that of a narrowly focused, China-based communications intermediary connected with North Korea. Because current operational evidence is limited, the company’s present status should be treated as unknown rather than definitively active or defunct.

  • 2001

    Company established

    [1]

    Sili Bank was established on September 12, 2001, as a company associated with North Korean communications and a China-based operating presence.

  • 2001

    Email relay service publicized

    [2]

    International technology and newspaper reports described the company’s limited email relay linking North Korea with users outside the country.

Products and positioning

A specialized, access-constrained communications intermediary offering a limited email link between North Korea and users outside the country.

  • Email and communications service · 2001

    Silibank.net.kp email relay

    A controlled email relay service associated with Sili Bank that allowed messages to be exchanged between North Korea and external users through infrastructure based in Shenyang, China. The service addressed North Korea’s limited connectivity to the global Internet and was initially described as charging users for each email sent. It was not documented as a general-purpose Internet access service or a mass-market webmail platform.

Brand decisions

  • 2001

    Launch of a paid North Korea email relayProduct launch

    Background

    North Korea had very limited access to the public Internet, creating demand for an intermediary communications route that could connect users in the country with people and organizations abroad.

    Action taken

    Sili Bank operated an email relay through the silibank.net.kp domain and a centre at the Chilbosan Hotel in Shenyang, China. Early descriptions indicate that users were charged per message sent.

    Aftermath

    The service received international media attention as an unusual and limited electronic link to North Korea. The available sources do not document its later scale, profitability, or continued operation.

Sources4 sources

Cite this profile: Cite the canonical profile. /brand-wiki/sili-bank · Editorial policy · How profiles are compiled