Category: Announcements

Central Bank clarifies POB board changes

The Central Bank of Solomon Islands (CBSI) is aware of recent media reports regarding changes to Pan Oceanic Bank (POB)’s board positions that may have caused unease and anxiety in the market especially to POB clients. The CBSI assures POB customers and clients that the changes to Board positions does not affect the stability and operations of POB. POB is managed by experienced professional staff at the operational level and continues to operate within the regulatory and prudential requirements of CBSI. For more information, on the above Public Notice, please call 21791 or email to:   Central Bank of Solomon Islands    ...

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Email Fraud

The Central bank of Solomon Islands wishes to inform all stakeholders, organizations, financial institutions, the private sector and the general public of an email scam that is purportedly sent by the Governor of Central Bank Denton Rarawa. If you receive any email with  a Gmail address: that uses the Governor’s name, please do not open but delete it immediately.  It is a “phishing” email and you are warned against opening and/or responding to the message. For more information on the above Public Notice, please call 21791 or email to: Central Bank of Solomon Islands  ...

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Rise in ATM card theft

(Honiara 11.10.16) – The general public is warned to be very careful when using the Automatic Teller Machines (ATMs) in Honiara and around the country, whenever they decide to withdraw money....

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Central Bank to apply new fees & charges

The Central Bank of Solomon Islands wish to inform the general public that it will now publish current and new fees and charges for services provided as required under the Central Bank of Solomon Islands Act 2012.

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Key Statistics

(May, 2019) 1.0%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(August 14, 2019)SBD $5,074m
Interest Rates
(June, 2019)
Deposit Rate0.35%
Lending Rate10.72%
Money Supply
(August 14, 2019)SBD $5,140m

Exchange Rates

Last Week
CNY0.8560 0.8577

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