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
(May, 2024)	3.6%
GDP 2022 Actual (Source: SINSO)	Constant Price: 2012
Real GDP	SBD$ 10,894.6m
Nominal GDP	SBD$ 12,774.5m
Real GDP Growth	2.4%
Foreign Reserves
(July 10, 2024)	SBD $5,612m
Interest Rates (March, 2024)
Deposit Rate	0.33%
Lending Rate	8.79%
Money Supply
(July 10, 2024)	SBD $5,863m

Monetary Statistics - July 10, 2024

LATEST NEWS

Monthly Economic Bulletin – June 2024

Jul 22, 2024 | Monthly Economic Bulletins

Monthly Economic Bulletin - June 2024 The Monthly Economic Bulletin for June 2024 is now available. Download the complete document below.

Public Notice 03.24 – Attention: Mandatory Licensing Requirement for Foreign Exchange Businesses in Solomon Islands

Jul 22, 2024 | Announcements, Media

Public Notice 03.2024 - Attention: Mandatory Licensing Requirement for Foreign Exchange Businesses in Solomon IslandsThe Central Bank of Solomon Islands (CBSI) is aware of unlicensed dealers in relation to Foreign Currency Exchanges. Pursuant to section 3 of the...

EXCHANGE CONTROL NOTICE 02/2024

Jul 3, 2024 | Announcements, Media

EXCHANGE CONTROL NOTICE 02/2024 : EXCHANGE CONTROL NOTICE TO ALL EXPORTERS. Pursuant to the powers conferred upon the Central Bank of Solomon Islands (CBSI) under Section 3 of the Exchange Control Act, 1976, and Section 13 and 21 of the Exchange Control Regulations,...

Central Bank of Solomon Islands and Australia’s Griffith University to Host 4th Annual Pacific Research Conference and Leaders’ Forum in Honiara

Jun 24, 2024 | Media, Press Releases

Press Release : 08/2024 - Central Bank of Solomon Islands and Australia’s Griffith University to Host 4th Annual Pacific Research Conference and Leaders’ Forum in Honiara The Central Bank of Solomon Islands (CBSI) and Australia’s Griffith University are co-hosting...

Press Release 07/2024 – CBSI: Financial System Demonstrates Resilience Amid Global Challenges in Second Half of 2023

Jun 4, 2024 | Media, Press Releases

Press Release : 07/2024 - CBSI: Financial System Demonstrates Resilience Amid Global Challenges in Second Half of 2023 The Central Bank of Solomon Islands (CBSI) is pleased to release the Financial Stability Report for the second half of 2023. Despite facing...

GOVERNORS OFFICIAL STATEMENT: LAUNCHING OF THE 2023 ANNUAL REPORT

Apr 22, 2024 | Annual Reports, Media, Speeches

Governors Speech- Launching of 2023 Annual reportDr. Luke ForauGovernor Central Bank of Solomon Islands2023 Annual Report Launch- Heritage Park HotelHoniara - 22, April 2024 Statement by CBSI Governor Dr Luke Forau At the Launch of the 2023 CBSI Annual Report ...

Central Bank of Solomon Islands Annual Report – 2023

Apr 22, 2024 | Annual Reports, Media

Central Bank of Solomon Islands Annual Report - 2023As required by the CBSI Act 2012, CBSI each year must produce an annual report of all its activities and engagements. The CBSI Annual Report for 2023 is now available. Click on the "download" link to access a soft...

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