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.

> visit Monetary Policy

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
(November, 2021)	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
(December 29, 2021)	SBD $5,817m
Interest Rates (March, 2021)
Deposit Rate	0.53%
Lending Rate	10.44%
Money Supply
(December 29, 2021)	SBD $5,690m

Monetary Statistics - December 29, 2021

LATEST NEWS

Monthly Economic Bulletin – December 2021

Jan 19, 2022 | Publication

Monthly Economic Bulletin The Monthly Economic Bulletin for December 2021 is now available. Soft copy of the bulletin can be downloaded below.

Lifting and Revocation of Public Notice Issue “On Prepayment Administration and Procedure” – Revised

Jan 10, 2022 | Announcements, Media

Lifting and Revocation of Public Notice Issued "on Prepayment Administration and Procedure" Exchange Control Notice : 01/2022The Central Bank of Solomon Islands wish to advice the public that the Notice Issued on "Prepayment Administration and Procedure" to...

BEWARE OF FAKE MONEY

Jan 7, 2022 | Article, Media

BEWARE OF FAKE MONEY By CBSI MediaArticle No. : 01/2022Each year the Central Bank of Solomon Islands (CBSI) continues to receive alarming reports and incidences of individuals tendering Counterfeit currency (or false money) to unsuspecting businesses, which eventually...

Financial Stability Report

Dec 30, 2021 | Financial Stability Report, Publication

June 2021 Finacial Stability Report June 2021 Financial Stability Report is now available.

CBSI condemns vandalism of BSP Point Cruz Branch and reiterates call for Honiara residents to respect key infrastructures

Dec 28, 2021 | Media, Press Releases

CBSI condemns vandalism of BSP Point Cruz Branch and reiterates call for Honiara residents to respect key infrastructures (Honiara 28.12.2021) - The Central Bank of Solomon Islands (CBSI) is appalled by the recent vandalism act towards Bank South Pacific Central...

CBSI Warning on Scams this festive season

Dec 22, 2021 | Media, Press Releases

CBSI warning on scams this festive season (Honiara_ 21.12.2021) - The Central Bank of Solomon Islands (CBSI) is again warning the general public to be careful over personal finances, or your cash money from shady schemers and scammers going around this festive season....