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
(March, 2020)	7.8%
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
(May 20, 2020)	SBD $4,963m
Interest Rates (March, 2020)
Deposit Rate	0.49%
Lending Rate	11.56%
Money Supply
(May 20, 2020)	SBD $4,975m

Monetary Statistics - May 20, 2020

Financial Inclusion

LATEST NEWS

Monthly Economic Bulletin – April 2020

May 18, 2020 | Monthly Economic Bulletins, Publication

MONTHLY ECONOMIC BULLETIN – APRIL 2020 The CBSI Monthly Economic Bulletin for April 2020 is now available for download....

Governors Official Statement: Launching of the 2019 Annual Report

May 13, 2020 | Media, Speeches

Statement by CBSI Governor, Dr Luke Forau at the launch of the 2019 CBSI Annual Report on 13th May 2020. Dr. Luke Forau Governor Central Bank of Solomon Islands Official launching of the ceremony CBSI 2019 Annual Report -CBSI Board Room Honiara – 13th May, 2020...

CBSI 2019 Annual Report

May 13, 2020 | Annual Reports, Publication

CBSI 2019 ANNUAL REPORT The 2019 Annual Report that was launched today by the Governor of the Central Bank of Solomon Islands is now available for download....

Immediate Release: Impact of COVID 19 on the Solomon Islands Economy – REVISED

Apr 8, 2020 | Media, Press Releases

Impact of COVID 19 on the Solomon Islands Economy – REVISED The speed and extent of the Coronavirus (Covid-19) pandemic around the world has necessitated a revision to the Central Bank of Solomon Islands’ near-term growth outlook for the Solomon Islands...

Press Release: CBSI COVID-19-Public Notice

Apr 8, 2020 | Media, Press Releases

CBSI COVID-19: Public Notice The Central Bank of Solomon Islands (CBSI) has imposed new measures for the public to limit the exposure and risk related to COVID-19. From March 30th 2020, the public must adhere to the following measures....

Public Notice: CBSI COVID -19 Precautionary Measures

Mar 25, 2020 | Announcements, Media

PUBLIC NOTICE: CBSI COVID -19 Precautionary Measures The Central Bank of Solomon Islands (CBSI) wish to inform the general public, clients/customers and stakeholders that the following precautionary actions listed below will be implemented in order to limit the...

Press Release: The Impact of Coronavirus on Solomon Islands Economy

Mar 20, 2020 | Media, Press Releases

The impact of Coronavirus on Solomon Islands Economy The Central Bank of Solomon Islands (CBSI) wish to provide the following updates regarding the Corona Virus/COVID 19 impact on the national economy:...

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