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
(September, 2020)	0.2%
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
(November 18, 2020)	SBD $5,532m
Interest Rates (September, 2020)
Deposit Rate	0.45%
Lending Rate	10.30%
Money Supply
(November 18, 2020)	SBD $5,234m

Monetary Statistics - November 18, 2020

Financial Inclusion

LATEST NEWS

South Pacific Central Bank Governors committed to cost effective remittances

Nov 23, 2020 | Media, Press Releases

South Pacifc Central Bank Governors' committed to cost effective remittances At the South Pacific Central Bank Governors Forum on 17-18 November 2020, the South Pacific Governors agreed that access to cost effective remittances remains a high priority focus for the...

Causes of Money Management Problems

Nov 22, 2020 | Article, Media

Causes of Money Management Problems By CBSI Media Article No. : 18/2020 Money management problem has its causes. Below are some examples: Lack training on the use of money in the home: When parents do not teach their children on how to manage money in the home, there...

CBSI Conducts NFIS3 & NDES consultation on Guadalcanal Province

Nov 19, 2020 | Media, Other Press Releases

CBSI Conducts NFIS3 and NDES consultation on Guadalcanal Province Central Bank of Solomon Islands Deputy Governor Raynold Moveni, paid a courtesy visit to Guadalcanal Premier, Hon. Francis Mbelande Sade, at the Guadalcanal Provincial headquarters on Wednesday 18th...

Monthly Economic Bulletin – October 2020

Nov 19, 2020 | Monthly Economic Bulletins, Publication

MONTHLY EConomic bulletin -October 2020 The Monthly Economic Bulletin for October 2020 is now available. The Bulletin is prepared by the Economics Research and Statistics Department.

Managing your personal Finance during COVID-19

Nov 16, 2020 | Article, Media

Managing your personal finance during COVID-19 By Junior FakaArticle No. : 17/2020During this COVID-19 period, decisions that individual makes may have financial implications whether it be for health, economic or social/cultural reasons. However, with decisions come...

Why we must treat and handle our banknotes with great care

Nov 13, 2020 | Article, Media

Why we must treat and handle our banknotes with Great care. By CBSI Media Article No. : 16/2020 Although reports claimed to assure the public that banknotes or cash does not pose a high risk to contracting the COVID-19 virus, we still have a responsibility to make...

Financial Stability Report -June 2020

Nov 10, 2020 | Financial Stability Report

Financial Stability Report - June 2020 The Financial Stability Report for the first half of this year 2020 has been released. The report captured assessments of how the domestic financial system has fared in this pandemic in the first half of the year and discusses...

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