Welcome to the Central Bank of Solomon Islands

CBSI is the premier financial institution in the country and is at the center of the banking and financial system, performing a number of essential functions, including the formulation and implementation of the country’s monetary policies.

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Maintaining Price Stability

Our Primary Objective is to maintain price stability, Price stability is essential for sustainable economic growth and it represents one of the key outcomes that monetary policy aims to achieve.

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Maintaining a Stable Financial System.

An additional objective of the Central Bank of Solomon Islands, is to foster and to maintain a stable financial system.

> visit Financial Stability

National Financial Inclusion Strategy 3

The Central Bank of Solomon Islands (CBSI) and the Ministry of Communications & Aviation (MCA) have successfully launched the National Financial Inclusion Strategy 3 (NFIS 3) 2021-2025.

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KEY INDICATORS

Inflation
(January, 2023)	9.0%
GDP (2020) Actual (source: SINSO)	Constant 2012 prices
Real GDP	SBD$ 10,373.1m
Nominal GDP	SBD$ 12,617.0m
Real GDP Growth	-3.4%
Foreign Reserves
(March 22, 2023)	SBD $5,389m
Interest Rates (December, 2022)
Deposit Rate	0.47%
Lending Rate	9.60%
Money Supply
(March 22, 2023)	SBD $5,752m

Monetary Statistics - March 22, 2023

LATEST NEWS

Quarterly Report – December 2022

Mar 31, 2023 | Publication

Quarterly Report - December 2022The quarterly review for the 4th quarter of 2022 is now available.

CBSI commence major modernization project with USTDA

Mar 24, 2023 | Media, Press Releases

CBSI commence major modernisation project with USTDA The Central Bank of Solomon Islands (CBSI) finally commenced its major project on the modernization of its banking infrastructure with the support from the U.S. Trade and Development Agency (USTDA). Two weeks ago a...

Press Release: Monetary Policy Stance -March 23

Mar 24, 2023 | Media, Press Releases

Monetary Policy Stance - March 23, 2023Following its meeting on 23rd March 2023, the Central Bank of Solomon Islands Board has taken the decision to tighten its monetary policy stance for the next six months, in response to the current economic recovery and elevated...

Job Vacancy No.4/23: Senior Analyst Payment Systems Operations and Support – Automated Transfer System/Central Securities Depository (ATS/CSD)

Mar 13, 2023 | Publication, Vacancy

Job Vacancy No.4/23: Senior Analyst Payment Systems Operations and Support - Automated Transfer System/Central Securities Depository (ATS/CSD). Vacancy No.: 04/2023 Department: National Payment Systems Department ( NPSD) Work unit: N/A Work type: Full time...

Job Vacancy No.3/23 : Payment System Administrator

Mar 13, 2023 | Publication, Vacancy

Job Vacancy No:3/2023: Payment System AdministratorVacancy No.: 03/2023 Department: Information Communication Technology Department ( ICTD) Work unit: N/A Work type: Full time Reports to: Manager, Information Communication Technology Level: Level...

Request for Proposal (RFP) 2023.No.2: Consultancy Services to Conduct an Assessment on Retail Payments Ecosystem in the Solomon Islands

Mar 4, 2023 | Announcements, Media

Request for Proposal (RFP) 2023 No.2 : Consultancy Services to conduct an assesment on retail payments ecosystem in Solomon Islands A complete detail of the RFP is available on the link below.

Request for Proposal No.1 – 2023: Design, Develop and Implement a National Subscriber Registry Database Solution for TCSI

Mar 3, 2023 | Announcements, Media

CBSI Request for Proposal 2023.No.1: To Design, Develop & Implement a National Subscriber Registry(A Centralized SIM Subscribers Registration Database Solution for the Telecommunications Commission of Solomon Islands) The following are the supporting documents...

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