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
(September, 2022)	9.5%
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
(November 30, 2022)	SBD $5,282m
Interest Rates (March, 2022)
Deposit Rate	0.48%
Lending Rate	10.05%
Money Supply
(November 30, 2022)	SBD $5,589m

Monetary Statistics - November 30, 2022

LATEST NEWS

Monthly Financial Statement – October 2022

Dec 1, 2022 | Publication

Monthly Financial Statement - October 2022 This is the Monthly Financial Statement prepared by the Finance & Account Department .

Financial Stability report – Jan – June 2022

Dec 1, 2022 | Publication

Financial Stability Report : January - June 2022 The Financial Stability Report (FSR) is prepared by the Financial Systems Regulations Department (FSRD) of the Central Bank of Solomon Islands. This report is for the first half of 2022.

Press release 20:22 – Preliminary estimates on Earthquake Damage and loss

Nov 25, 2022 | Media, Press Releases

Press Release 20:22 - Preliminary estimates on Earthquake Damage and LossFollowing a 7.3 magnitude earthquake that struck Guadalcanal Island on the 22nd of November 2022, the Central Bank of Solomon Islands (CBSI) conducted a quick assessment of affected buildings in...

PR 19.2022 : CBSI Conducts ‘Minerals Exports’ Workshop for Mineral Exporters and Stakeholders: Minerals Exports now processed Under Specific Authority to Exports.

Nov 24, 2022 | Media, Press Releases

Press Release 19.22 CBSI conducts 'Minerals Exports Workshop for Mineral Exporters and Stakeholders: Minerals Exports now proccessed under specific authority to exports. The Central Bank of Solomon Islands last week on the 18th Friday November 2022 conducted a one-day...

PR.18.22 :CBSI conducts e-KYC workshop for stakeholders and financial institutions

Nov 24, 2022 | Media, Press Releases

Press Release 18.22: CBSI conducts e-KYC workshop for stakeholders and financial institutionsThe Central Bank of Solomon Islands (CBSI) last month in October successfully conducted a workshop on an Electronic Know Your Customer (e-KYC) facility in Honiara. The e-KYC...