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.

> Read More

KEY INDICATORS

Inflation
(July, 2023)	3.7%
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 13, 2023)	SBD $5,589m
Interest Rates (May, 2023)
Deposit Rate	0.47%
Lending Rate	9.29%
Money Supply
(September 13, 2023)	SBD $6,024m

Monetary Statistics - September 13, 2023

LATEST NEWS

Monthly Economic Bulletin – August 2023

Sep 20, 2023 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin - August 2023 The monthly economic bulletin for August 2023 is now available.

Press Release 12.23 Public Warning: Stay Alert Against Online Scams

Sep 17, 2023 | Media, Press Releases

Public Warning: Stay Alert Against Online Scams The Central Bank of Solomon Islands through the Solomon Islands Financial Intelligence Unit (SIFIU) is urging the public to remain vigilant and exercise caution when engaging in online activities in order to protect...

CBSI Dismiss False Rumors Regarding SI Coins Featuring Effigy of the Late Queen Elizabeth II

Sep 5, 2023 | Media, Press Releases

CBSI Dismiss false rumors regarding SI coins featuring Effigy of the Late Queen Elizabeth IIThe Central Bank of Solomon Islands would like to dismiss recent false rumors circulating in Honiara regarding the SI Currency coins. The rumor alleges that there is a ban on...

Monetary Policy Stance for September 2023

Sep 1, 2023 | Media, Press Releases

Press Release 10.23: Monetary policy stance for September 2023The Central Bank of Solomon Islands Board following its meeting on 29th August 2023, decided to maintain a tight monetary policy stance for the next six months as part of its on-going effort to keep price...

Press Release 09.23 – SOLOMON ISLANDS FIRST EVER SUCCESSFUL APPLICANT THROUGH CBSI SANDBOX

Aug 30, 2023 | Media, Press Releases

Solomon islands first ever succesful applicant through cbsi sandbox The Central Bank of Solomon Islands (CBSI) has admitted ACCountplan Ltd as the nation’s first-ever successful applicant, through its Regulatory Sandbox (RSB) framework, to commence testing its...

Monthly Economic Bulletin – July 2023

Aug 24, 2023 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin - July 2023 The Monthly Economic bulletin for July 2023 is now available. Download a soft copy of the report below.

Press Release 08.23: Central Bank of Solomon Islands to Conduct Province-wide Consultations for Review of the Central Bank Act 2012

Jul 23, 2023 | Media, Press Releases

Central Bank Solomon Islands to Conduct Province -wide Consultations for Review of the Central Bank Act 2012[Honiara, 23.07.23] - The Central Bank of Solomon Islands (CBSI) is pleased to announce that it will be embarking on a comprehensive consultation process with...

See More News