A bank guarantee is a pledge from a lending institution that the bank will cover a debt if the debtor is unable to pay. When a consumer defaults or fails, the bank will provide a bank guarantee. Contractors in the domestic market commonly incorporate it i

A standby letter of credit (SBLC) is a legal instrument that ensures a bank's payment promise to a seller if the buyer–or the bank's client–defaults on the accord. KIC provides its services in constituting a stand-by letter of credit that further facilita

The government sometimes decides to fund partially or all of a project's infrastructure investment and depend on the private sector for expertise and efficiency. The government chooses long-established supply chain management for the project's civil works

Monetization refers to the process of converting a non-profitable object into cash. The term "monetize" may also refer to the act of selling something for money. KIC is a trusted platform, regularizes the process of monetization which is critical to the g