Category: Press Releases

Press Release: CBSI on SINPF

The Central Bank of Solomon Islands (CBSI) notes with great concern recent media reports about a small group of Solomon Islands National Provident Fund (SINPF) members trying to form an association to act as a watchdog for the Fund.

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Press Release: CBSI on RSIPFCUL

CBSI on RSIPFCUL The Central Bank of Solomon Islands (CBSI) wishes to clarify an article written by Mr. Alfred Sasako titled “Missing Police Credits” that appeared in Island Sun Newspaper on January 8, 2018....

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Press Release: CBSI on National Finance Queries

CBSI on National Finance Queries Honiara 12.15.17) The Central Bank of Solomon Islands (CBSI) in response to many queries it receives; wishes to inform all organizations, financial institutions, the private sector and the public that the National Finance Company (NF) which is now offering a micro lending to its clients in Honiara is not registered by and not supervised by the CBSI....

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Press Release: Round table held to discuss what next for youSave project

Round table held to discuss what next for youSave project The UNCDF’s Pacific Financial Inclusion Program (PFIP) in partnership with the Solomon Islands National Provident Fund (SINPF) successfully conducted a half day round table discussion on the youSave pilot project yesterday, at the Heritage Park Hotel. The event was organized to bring together institutions and stakeholders who are currently involved in the youSave pilot project, to constructively discuss ways to facilitate a smooth transition of the product into a national scale up phase....

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Key Statistics

Inflation
(July, 2018) 2.2%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(September 19, 2018)SBD $4,732m
Interest Rates
(July, 2018)
Deposit Rate0.36%
Lending Rate10.84%
Money Supply
(September 19, 2018)SBD $5,120m

Exchange Rates

per
SBD
Today
26/09/2018
Last Week
19/09/2018
USD0.12390.1236
GBP0.09430.0940
EUR
0.10530.1058
AUD0.17070.1721
NZD
0.18610.1877
JPY13.971913.8352
SDR0.08820.0882
CNY0.84970.8490
Index109.3109.7

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