Category: Article

CBSI Donates $10,000 to Aligegeo Provincial Secondary School

CBSI Donates $10,000 to Aligegeo Provincial Secondary School By Natasha Eddie – CBSI Media Article No. : 13/2020 The Central Bank of Solomon Islands has donated a sum of $SBD10, 000 along with economic resources...

Choiseul School acknowledge Timely assistance from CBSI

Choiseul School acknowledge timely assistance from CBSI By CBSI Media Article No. : 12/2020 The Central Bank of Solomon Islands (CBSI) led by Governor Dr. Luke Forau made a special visit to the Choiseul Bay Provincial...

Central Bank as Manager of the External Reserves

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...

Where you can save your money

Where you can save your money By CBSI Media Article No. : 10/2020 Welcome back to another feature length article from the Central Bank of Solomon Islands (CBSI). Last week we looked at the differences between commercial banks...

What is the difference between a Central Bank & Commercial Bank?

Difference Between a Central Bank & Commercial Bank By CBSI Media Article No. : 09/2020 A lot of people have misunderstood the functions of these two banks. Hence this article aims to help you understand the differences...

Key Statistics

Inflation
(September, 2020)	0.2%
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
(November 18, 2020)	SBD $5,532m
Interest Rates (September, 2020)
Deposit Rate	0.45%
Lending Rate	10.30%
Money Supply
(November 18, 2020)	SBD $5,234m