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
(July, 2021)	-0.7%
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
(October 13, 2021)	SBD $5,751m
Interest Rates (March, 2021)
Deposit Rate	0.53%
Lending Rate	10.44%
Money Supply
(October 13, 2021)	SBD $5,709m

Monetary Statistics - October 13, 2021

LATEST NEWS

Don’t be a victim of Scam

Oct 25, 2021 | Article, Media, Publication

Don't be a victim of scam By Natasha EddieArticle No. : 11/2021 Let’s talk about Scams. Recently we have learned that there is a scam conducted online to lure people into believing that they won a huge amount of money from the Central Bank of Solomon Islands. Just...

CBSI to host National Credit Union Symposium: Building Financial Health for a Brighter tomorrow

Oct 19, 2021 | Media, Press Releases

CBSI to host "National Credit Union Symposium:" Building Financial Health for a Brighter tomorrow. Celebrate 73 years of International Credit Union Day at the Solomon Islands. Honiara/ Solomon Islands 19.11.21 — On Oct. 21, 2021, credit union members around the world...

Monthly Economic Bulletin -September 2021

Oct 19, 2021 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin -September 2021 The Monthly Economic Bulletin for September 2021 is now available.

Press Release: Beware of Counterfeiters and their activities

Oct 15, 2021 | Media, Press Releases

Beware of Counterfeiters and their activities 14.10.21 – The Central Bank of Solomon Islands has received alarming reports of counterfeited banknotes circulated within the economy. Earlier this year in February, the Central Bank of Solomon Islands issued a press...

Press Release: CBSI Monetary Policy Stance – September 2021

Sep 24, 2021 | Media, Press Releases

Press Release: CBSI Current Monetary Policy Stance - September 2021 Ensuing pandemic impacts continued to affect the economy in the first half of 2021 and with the low vaccination rates of the general population, this will add greater risk to the economy. Getting the...

Monthly Economic Bulletin – August 2021

Sep 21, 2021 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin -August 2021 The Monthly Economic bulletin for August 2021 is now available online.

Quarterly Report – June 2021

Sep 20, 2021 | Publication, Quarterly Reviews

Quarterly Report - June 2021 The Quarterly Report for June 2021 is now available. The report is prepared by the Economic Research and Statistics Department.

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