Category: Press Releases

World Governors Meeting The Board of Governors of the World Bank Group and International Monetary Fund (IMF) concluded their 2018 Annual Meetings in Bali, Indonesia on Sunday, 14 October 2018.  Speaking at the closing of the meeting, the Solomon Islands head of delegation and Governor for Solomon Islands on the IMF Board of Governors Mr. Denton Rarawa said that he was pleased with the fruitful outcome of this year’s meetings with senior management of the World Bank Group and the IMF at this year’s Board of Governors Meeting....

Credit Union Bill consultations commence (Honiara 03.10.18) – The Central Bank of Solomon Islands (CBSI) and the Ministry of Finance and Treasury (MoFT) will be conducting a nationwide consultation on the Credit Union Bill in relation to changes to the Credit Union Act. Click on Credit Union Bill/Act and Consultation Program Credit Union Bill 2018  to download a copy. Download Press Release Credit Union Bill 2018 Consultation Program Credit Union Bill...

CBSI on POB fake news (Honiara 03.10.18) – The Central Bank of Solomon Islands (CBSI) strongly advises the public to stop spreading false information about the operations of one of the commercial banks....

Press Release: Monetary Policy Stance – September 2018 The Central Bank of Solomon Islands (CBSI) Board at its meeting on 27th September 2018 has approved an accommodative monetary policy stance for the next six months. This decision is based on the modest levels of projected inflation, stable macroeconomic conditions and the need to support growth in the economy. Download...

Press Release: Dr Luke Forau Appointed as New Deputy Governor to CBSI Honiara. 21.09.18 – The Central Bank of Solomon Islands (CBSI) has formally announced the appointment of its new Deputy Governor, Dr. Luke Forau (PhD). Dr. Luke Forau, who succeeds former Deputy Governor, Mr. Gane Alva Simbe, has assumed responsibilities as of Tuesday 18 September . Outgoing Deputy Governor, Gane Simbe retired from official duties last week after serving the institution for more than 32 years....