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.

> read more about us

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
(June, 2022) 3.9%
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
(September 14, 2022)SBD $5,377m
Interest Rates
(March, 2022)
Deposit Rate0.48%
Lending Rate10.05%
Money Supply
(September 14, 2022)SBD $5,636m

LATEST NEWS

Press Release: Monetary Policy Stance for September 2022

CBSI Committed to new payments system development

CBSI committed to new payments system development The Central Bank of Solomon Islands (CBSI) is committed to ensuring that the payments system landscape of the country is modernised, efficient and meets international standards for payments and securities settlements....

COunterfieting of banknotes on the rise

COunterfieting of banknotes on the rise

Counterfeiting of banknotes on the rise The Central Bank of Solomon Islands (CBSI) is urging the public to be on high alert and to lookout for fake banknotes following reports of high number of counterfeited banknotes being intercepted by Honiara residents.  Reports...

EXCHANGE RATES

Per
SBD
Today
23/09/2022
Last Week
14/09/2022
USD0.12240.1217
GBP0.10870.1056
EUR0.12460.1218
AUD0.18440.1801
NZD0.20950.2025
JPY17.409017.5753
SDR0.09510.0935
CNY
0.86660.8432
Index115.10114.20

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