Month: June 2019

Press Release: New Prudential Guidelines

Press Release:  New Prudential Guidelines On June 27, 2019, the Central Bank of Solomon Islands board (CBSI) approved the release of four (4) prudential guidelines (PG) specifically for Anti-Money Laundering (AML) Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF) which is applicable to Financial Institutions licensed and deemed licensed by the CBSI. These financial institutions are commercial banks, credit institutions, insurance underwriting companies, insurance brokers and agents, and the National Provident Fund....

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5th PIRI Meeting in Honiara

5th PIRI Meeting in Honiara The Central Bank of Solomon Islands (CBSI) and the Alliance for Financial Inclusion (AFI), will be co-hosting a series of events for the 5th Annual Pacific Islands Regional Initiative (PIRI) High-Level Forum. The events will roll out between 3rd June to 6th June in Honiara....

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Key Statistics

Inflation
(August, 2019) 1.7%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(December 04, 2019)SBD $4,828m
Interest Rates
(October, 2019)
Deposit Rate0.39%
Lending Rate10.45%
Money Supply
(December 04, 2019)SBD $5,074m

Exchange Rates

per
SBD
Today
16/12/2019
Last Week
09/12/2019
USD0.12150.12130
GBP0.09110.0925
EUR
0.10920.10975
AUD0.17660.17753
NZD
0.18420.18489
JPY13.281513.17985
SDR0.08790.08805
CNY0.8486 0.85354
Index111.40111.7

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