• Banking system
    Main organizations: Central Bank of Standoff, Commercial Bank Standoff, First Partner Bank and Global Digital Bank

    State F

    Sector overview

    The Central Bank of Standoff is the country’s financial regulator. Consumer financial services are provided by three commercial banks:

    • Commercial Bank of Standoff caters to both individuals and organizations and offers international money transfers via SWIFTNet.

    • First Partner Bank specializes in personal banking, supports QR code payments in its mobile app, and also provides internet acquiring services for small businesses.

    • Global Digital Bank is a cutting-edge bank that operates without brick-and-mortar locations or tellers. It offers a wide range of products and services, from standard plastic cards and domestic money transfers to a mobile app with multiple features.

    Potential attack impact

    Hackers could disrupt banking apps or steal huge amounts from customers and the banks themselves.

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