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
(January, 2019)	3.7%
GDP (2016) Actual (source: SINSO)
Real GDP	SBD$ 4,603m
Nominal GDP	SBD$ 8,606m
Real GDP Growth	3.4%
Foreign Reserves
(March 13, 2019)	SBD $5,194m
Interest Rates (December, 2018)
Deposit Rate	0.30%
Lending Rate	10.79%
Money Supply
(March 13, 2019)	SBD $5,156m

Monetary Statistics - March 13, 2019

LATEST NEWS

Press Release: Insurance Bill Consultation

Mar 4, 2019 | Media, Press Releases

Insurance Bill Consultation The Central Bank of Solomon Islands (CBSI) and the Ministry of Finance and Treasury (MoFT) is conducting a nationwide consultation on the Insurance Bill 2018 in relation to changes to the Insurance Act....

Why New Banknotes?

Mar 4, 2019 | Article, Media

Why New Banknotes? By CBSI Press Article No. : 01/2019 A lot of people may ask why the Central banks issue new bank notes. It’s really that simple. Advances in technology have provided counterfeits with better methods for imitating genuine banknotes. For this reason...

What you need to know about the new commemorative note and coin

Feb 26, 2019 | Article, Media

What you need to know about the new commemorative note and coin By CBSI Press Article No. : 04/2017 On the 5th of July, the Central Bank of Solomon Islands (CBSI) Governor Denton Rarawa and Permanent Secretary of Ministry of Finance Harry Kuma, unveiled the...

Norma puts Solomon Islands on the FI global map

Feb 26, 2019 | Article, Media

Norma puts Solomon Islands on the FI global map By CBSI Press Article No. : 02/2018 She was among six of the top recipients from around the globe to receive the 2018 Young Generation award on the night of the sixth Alliance for Financial Inclusion (AFI) Awards in...

Meet Women in Micro Business Who Inspire Us

Feb 26, 2019 | Article, Media

Meet Women in Micro Business Who Inspire Us By Natasha Eddie Article No. : 01/2018 Last year I was part of a team from the Central Bank of Solomon Islands who went to few parts of Solomon Islands to assess women in micro businesses. I had a chance to talk with women...

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