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, 2019)	1.5%
GDP (2016) Actual (source: SINSO)
Real GDP	SBD$ 4,603m
Nominal GDP	SBD$ 8,606m
Real GDP Growth	3.4%
Foreign Reserves
(November 06, 2019)	SBD $4,930m
Interest Rates (September, 2019)
Deposit Rate	0.39%
Lending Rate	10.57%
Money Supply
(November 06, 2019)	SBD $5,031m

Monetary Statistics - November 06, 2019

LATEST NEWS

Press Release: IMF completes 2019 Article IV Mission to Solomon Islands

Nov 12, 2019 | Media, Press Releases

IMF Completes 2019 Article IV Mission to Solomon Islands Honiara, Solomon Islands – An International Monetary Fund (IMF) team led by Ms. Alison Stuart visited the Solomon Islands during October 30-November 12 to hold discussions on the 2019 Article IV...

Saving Your Money

Nov 12, 2019 | Article, Media

Saving Your Money By CBSI Media Article No. : 12/2017 Welcome back to another feature length article from the Central Bank of Solomon Islands (CBSI). In this feature we now move onto the topic of SAVINGS and answer how best we can save our money, especially in the...

What you need to know about the SME Guarantee Scheme

Nov 12, 2019 | Article

What you need to know about the SME Guarantee Scheme By CBSI Media Article No. : 11/2019 A lot of people have asked questions and are keen to understand what the SME Credit Guarantee Scheme is all about. Before jumping in to any of those information let’s look at how...

Retirement savings using airtime credit

Nov 8, 2019 | Media, Press Releases

Retirement savings using airtime credit Honiara, Solomon Islands – As of today (Saturday), youSave members can make deposits into their accounts with Solomon Island National Provident Fund (SINPF) through their mobile phones, using their mobile top ups (airtime...

CBSI’s POSITION ON CRYPTOCURRENCIES

Oct 31, 2019 | Announcements, Media

CBSI’s POSITION ON CRYPTO-CURRENCIES The Central Bank of Solomon Islands (CBSI) wishes to warn the general public that cryptocurrencies (i.e. virtual or digital currencies such as bitcoin, etherium, ripple, and others) are not currencies issued or regulated by the...

Let’s hear from the experts – USA & China Trade War and its Impact to our Foreign Reserve

Oct 23, 2019 | Article, Media

Let’s hear from the experts – USA & China Trade War and its Impact to our Foreign Reserve Op-Ed by Natasha Eddie, Ali Homelo, Charlie Kuper Article No. : 10/2019 The past two Sunday’s we looked at what Foreign Reserves is, its importance and some technical...

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. ...

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