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
(March, 2022)	-0.6%
GDP (2017) 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
(May 11, 2022)	SBD $5,490m
Interest Rates (March, 2022)
Deposit Rate	0.48%
Lending Rate	10.05%
Money Supply
(May 11, 2022)	SBD $5,519m

Monetary Statistics - May 11, 2022

LATEST NEWS

Monthly Economic Bulletin – April 2022

May 19, 2022 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin The Monthly Economic Bulletin for April 2022 is now available. The MEB consist of the following information; Monetary Developments, External Conditions, Government Finances, Domestic Production and Key Economic Indicators.

Inflation in Solomon islands

May 10, 2022 | Article, Media, Publication

Inflation in Solomon Islands By Angelyn RohoiaArticle No. : 01/2022The Central Bank of Solomon Islands like many central banks, aims to maintain low and stable inflation or ‘maintain price stability’ as part of its primary objective. This article seeks to talk about...

CBSI Launched the Regulatory Sandbox Framework

May 4, 2022 | Media, Press Releases

CBSI Launched the regulatory sandbox framework Left to right: Linda Folia - Manager Financial Inclusion Unit, Dr Luke Forau - Governor, Denson Deni - Manager Financial Systems Regulations, Mary Maggie Loea - Senior Analyst Financial Systems Regulations. The Central...

Monthly Economic Bulletin – March 2022

Apr 26, 2022 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin - March 2022 The monthly economic bulletin for March 2022 is now available. The bulletin contains information regarding monetary developments, external conditions, government finances, domestic production and key economic indicators.

Vacancy 01/22 – Assistant Security Officer

Mar 29, 2022 | Publication

Assistant Security Officer Vacancy No.: 01/2022 Department: Human Resources and Corporate Services Department (HRCSD) Work unit: Security Unit Work type: Full time Reports to: Senior, Security Officer The Central Bank of Solomon Islands is seeking...

Monthly economic Bulletin – February 2022

Mar 18, 2022 | Publication

MONTHLY ECONOMIC BULLETIN - FEBRUARY 2022 The Monthly Economic Bulletin for February 2022 is now available. Click on the link below to download a softcopy.

PRess Release 05.22 – CBSI Monetary Policy Stance – March 2022

Mar 11, 2022 | Media, Press Releases

CBSI Monetary Policy Stance - March 2022 Based on recent assessments of economic conditions and outlook, the Central Bank of Solomon Islands Board in its meeting on 10th March 2022 deemed it appropriate to maintain an expansionary monetary policy for the next six...

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