Finance
KB Kookmin Bank, NICE D&R to strengthen payment protection for SMEs and workers
KB Kookmin Bank will work with NICE D&R to improve the stability of payments to small and mid-sized companies and on-site workers. The bank said it signed a memorandum of understanding with NICE D&R on July 13 to practise inclusive finance. The partnership links NICE D&R’s electronic payment system, Nomubi.com, with the bank’s financial infrastructure to help prevent delayed payments of project costs and wages in construction, shipbuilding and manufacturing.
