Welcome to the Central Bank of Solomon Islands

CBSI is the premier financial institution in the country and is at the center of the banking and financial system, performing a number of essential functions, including the formulation and implementation of the country’s monetary policies.

> read more about us

Maintaining Price Stability

Our Primary Objective is to maintain price stability, Price stability is essential for sustainable economic growth and it represents one of the key outcomes that monetary policy aims to achieve.

> visit Monetary Policy

Maintaining a Stable Financial System.

An additional objective of the Central Bank of Solomon Islands, is to foster and to maintain a stable financial system.

> visit Financial Stability

KEY INDICATORS

Inflation
(May, 2019)	1.0%
GDP (2016) Actual (source: SINSO)
Real GDP	SBD$ 4,603m
Nominal GDP	SBD$ 8,606m
Real GDP Growth	3.4%
Foreign Reserves
(October 16, 2019)	SBD $4,912m
Interest Rates (September, 2019)
Deposit Rate	0.39%
Lending Rate	10.57%
Money Supply
(October 16, 2019)	SBD $5,065m

Monetary Statistics - October 16, 2019

LATEST NEWS

Press Release – CBSI Clarifies Misleading Article on Island Sun

Oct 22, 2019 | Media, Press Releases

CBSI Clarifies Misleading Article on Island Sun (Honiara 22.03.19) The Central Bank of Solomon Islands (CBSI) wish to clarify an article regarding the shutdown of the US dollar account, published in the Island Sun newspaper, ISSUE 3366 on October 21st 2019. ...

Monthly Economic Bulletin – September 2019

Oct 21, 2019 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin – September 2019 The Monthly Economic Bulletin for September 2019 is now available....

CBSI Monetary Policy Statement for September 2019

Oct 4, 2019 | Media, Press Releases

Monetary Policy Statement for September 2019 At its meeting held on October 3rd 2019, the Central Bank of Solomon Islands’ (CBSI) Board adopted an accommodative monetary policy stance for the next six months. Download Press Release Download Full...

Quarterly Review – June 2019

Sep 25, 2019 | Publication, Quarterly Reviews

Quarterly Review -June 2019 The Quarterly Economic review for June 2019 is now available. The Quarterly Review reports on the economic performance of the economy during the preceding quarter....

Monthly Economic Bulletin -August 2019

Sep 19, 2019 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin – August 2019 The Monthly Economic Bulletin for August 2019, as prepared by the Economics Research and Statistics Department (ERSD) is now available....

Foreign Reserves -Part 2

Sep 15, 2019 | Article, Media

Foreign Reserves – Part 2 By CBSI Media Article No. : 09/2019 Welcome once again to our weekly feature from the Central Bank of Solomon Islands (CBSI). In our previous article, we looked at the definition of “Foreign Reserves,” its importance, and how it affects...

What you need to know about Foreign Reserves

Sep 8, 2019 | Article, Media

Foreign Reserves – What are they? By CBSI Media Article No. : 08/2019 Welcome back to another educational feature from the Central Bank of Solomon Islands (CBSI).This week we take a look at a new topic on “Foreign Reserves” or sometimes referred to as Gross...

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