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
(June, 2020)	5.7%
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
(September 9, 2020)	SBD $5,601m
Interest Rates (May, 2020)
Deposit Rate	0.45%
Lending Rate	10.81%
Money Supply
(September 9, 2020)	SBD $5,154m

Monetary Statistics - September 09, 2020

Financial Inclusion

LATEST NEWS

Press Release: Monetary Policy Stance for September 2020

Sep 15, 2020 | Media, Press Releases

Monetary Policy Stance for September 2020 In light of the extension of the State of Public Emergency and the significant impact of the coronavirus (Covid-19) pandemic on the Solomon Islands economy, the Central Bank of Solomon Islands (CBSI) has resolved to maintain...

CBSI Conducts provincial consultations for new financial inclusion strategy

Sep 15, 2020 | Media, Press Releases

CBSI conducts provincial consultation for new financial inclusion strategy The Central Bank of Solomon Islands (CBSI) and UNCDF -Pacific Financial Inclusion Programme (PFIP) are currently conducting a nation-wide consultation to help develop- the next phase strategy...

Solomon Islands Gazette No.117: Insurance Act (CAP.82) Notification of Agents and Brokers

Aug 30, 2020 | Announcements, Media

Notification of Agents & Brokers The following is published as a Supplementary to this Gazette: [Legal Notice Nos. 109 to 111 ]

SIG Approves Tax Refund Airtime Credits (Mobile Topu-ups) used as YouSave Deposits

Aug 21, 2020 | Media, Press Releases

SIG Approves Tax Refund for Airtime Credits (Mobile Top-ups) used as YouSave Deposits The Minister of Finance and Treasury, Hon Harry Kuma has approved tax refunds for airtime credits (mobile top-ups) used as youSave deposits. Formal announcements was made by the...

CBSI Conducts Credit Union Symposium 2020

Aug 20, 2020 | Media, Press Releases

CBSI CONDUCTS CREDIT UNION SYMPOSIUM 2020 The Central Bank of Solomon Islands successfully conducted a Credit Union Symposium this week on Tuesday 18th August in Munda, Western province. This year’s symposium focused on the theme “Capacity Building by embracing the...

Monthly Economic Bulletin -July 2020

Aug 19, 2020 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin -July 2020 The Monthly Economic Bulletin for July 2020 is now available for download.

Central Bank as Manager of the External Reserves

Aug 11, 2020 | Article, Media

Central Bank as Manager of the External Reserves By FMECD & CBSI Media Article No. : 11/2020 Last week we learned some tips about savings. This week we will look at one of the mandatory functions of the Central Bank of Solomon Islands which is, “Managing the...

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