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.

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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
(October, 2020)	-0.5%
GDP (2017) Actual (source: SINSO)	Constant 2012 prices
Real GDP	SBD$ 10,547m
Nominal GDP	SBD$ 11,703m
Real GDP Growth	5.3%
Foreign Reserves
(December 09, 2020)	SBD $5,443m
Interest Rates (September, 2020)
Deposit Rate	0.45%
Lending Rate	10.30%
Money Supply
(December 09, 2020)	SBD $5,278m

Monetary Statistics - December 09, 2020

Financial Inclusion

LATEST NEWS

The Role of CBSI in the Secondary Market for Government Bonds

Jan 18, 2021 | Press Releases

The Role of CBSI in the Secondary Market for Goverment Bonds In September 2020, the Central Bank of Solomon Islands (CBSI) announced an accommodative (expansionary) monetary policy stance. The two most common tools available to CBSI are the open market operations...

Gender Policy – Women in Financial Inclusion in Solomon Islands plus Annexure 1 and Annexure 2

Jan 18, 2021 | Announcements, Tender

Gender Policy - Women in Financial Inclusion in Solomon Islands plus Annexure 1 and Annexure 2Consultancy Service to Develop the Policy on Women Financial Inclusion in Solomon Islands. The objective of this consultancy is to produce a policy document that will...

Solomon Islands Regulatory Sandbox Guideline & Standard Operating Procedures (SOP)

Jan 18, 2021 | Announcements, Tender

Solomon Islands Regulatory Sandbox Guideline & Standard Operating Procedures (SOP)Seeking Consultancy Services to Develop the Solomon Islands Regulatory Sandbox Guideline and Standard Operating Procedures (SOP), The objective of this consultancy is to produce a...

Revised Exchange control fees

Jan 4, 2021 | Announcements

Revised Exchange Control Fees. The Central Bank of Solomon Islands wished to advise our valued customers and the general public that Financial Markets & Exchange Control Department has revised its Exchange Control Fees for 2021. Download the revised fees from the...

benefits of Trade

Jan 1, 2021 | Article, Media

The benefits of trade By CBSI Media Article No. : 23/2020 The Solomon Islands economy would be best described as an “open economy” because we are free to trade with other countries. But what are the benefits to the country for engaging in trade? We take a look at some...

What you need to know about the SBD

Jan 1, 2021 | Article, Media

What you need to know about the "SBD" By CBSI Media Article No. : 22/2020 It has been a common misconception that our currency code SBD stands for Solomon British Dollar, or Solomon Bokolo Dollar. The initial SBD is the currency code given to our country. There is no...

How to protect yourself from lottery scam

Jan 1, 2021 | Article, Media

How to protect yourself from lottery scam By CBSI media Article No. : 21/2020 Lottery scams follow a definite pattern. In almost every case, you’ll be contacted with the news that you’ve won a lottery prize. What happens next, though is what separates a scam from a...

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