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
(July, 2018)	2.2%
GDP (2016) Actual (source: SINSO)
Real GDP	SBD$ 4,603m
Nominal GDP	SBD$ 8,606m
Real GDP Growth	3.4%
Foreign Reserves
(October 03, 2018)	SBD $4,756m
Interest Rates (August, 2018)
Deposit Rate	0.33%
Lending Rate	10.70%
Money Supply
(October 03, 2018)	SBD $5,117m

Monetary Statistics - October 03, 2018

LATEST NEWS

Press release: Credit Union Bill consultation commence

Oct 3, 2018 | Media, Press Releases

Credit Union Bill consultations commence (Honiara 03.10.18) – The Central Bank of Solomon Islands (CBSI) and the Ministry of Finance and Treasury (MoFT) will be conducting a nationwide consultation on the Credit Union Bill in relation to changes to the Credit...

Press Release: CBSI on POB fake news

Oct 3, 2018 | Media, Press Releases

CBSI on POB fake news (Honiara 03.10.18) – The Central Bank of Solomon Islands (CBSI) strongly advises the public to stop spreading false information about the operations of one of the commercial banks....

Quarterly Economic Review – June 2018

Sep 28, 2018 | Publication, Quarterly Reviews

Quarterly Report – June 2018 The Quarterly Review Report for the month of June, as prepared by the Economics Statistics and Research Department is now available....

Press Release: Monetary Policy Stance – September 2018

Sep 27, 2018 | Media, Press Releases

Press Release: Monetary Policy Stance – September 2018 The Central Bank of Solomon Islands (CBSI) Board at its meeting on 27th September 2018 has approved an accommodative monetary policy stance for the next six months. This decision is based on the modest...

Press Release: CBSI appoints new Deputy Governor

Sep 25, 2018 | Media, Press Releases

Press Release: Dr Luke Forau Appointed as New Deputy Governor to CBSI Honiara. 21.09.18 – The Central Bank of Solomon Islands (CBSI) has formally announced the appointment of its new Deputy Governor, Dr. Luke Forau (PhD). Dr. Luke Forau, who succeeds former...

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