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
(May, 2022)	1.0%
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
(August 03, 2022)	SBD $5,543m
Interest Rates (March, 2022)
Deposit Rate	0.48%
Lending Rate	10.05%
Money Supply
(August 03, 2022)	SBD $5,480m

Monetary Statistics - August 03, 2022

LATEST NEWS

CBSI Committed to new payments system development

Aug 9, 2022 | Media, Press Releases

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....

FinTech Innovation a solution to address financial inclusion challenges

Jul 29, 2022 | Article, Media, Publication

FINTECH innovation a solution to address financial inclusion challenges By CBSI Media Article No. : 04/2022FinTech Innovation a solution to address financial inclusion challenges “Access to finance is often a challenge for MSMEs in Solomon Islands and Pacific...

Consumer Empowerment: How FSP and CBSI Empower Consumers

Jul 29, 2022 | Article, Media, Publication

Consumer Empowerment: How FSP and CBSI Empower Consumers By Financial Inclusion -CBSI Article No. : 03/2022 In last week’s article we learned about why consumer empowerment is important and what consumer empowerment is in the context of financial inclusion. This...

COunterfieting of banknotes on the rise

Jul 28, 2022 | Media, Press Releases

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...

Consumer Empowerment: Financial Inclusion Context

Jul 22, 2022 | Article, Media

Consumer Empowerment In Financial Inclusion Context By Financial Inclusion UnitArticle No. : 02/2022With the advancement of the financial services and products offered by the Financial Service Providers (FSPs) in the financial sector, dissemination of relevant...

Monthly Economic Bulletin

Jul 19, 2022 | Monthly Economic Bulletins, Publication

MONTHLY ECONOMIC BULLETIN - JUNE 2022 The Monthly Economic Bulletin for June 2022 is now available.

CBSI reiterates call to respect banking facilities

Jul 14, 2022 | Media, Press Releases

CBSI reiterates call to respect banking facilities The Central Bank of Solomon Islands (CBSI) condemns the recent damage of a banking facility in Auki, Malaita Province. The Bank South Pacific (BSP) branch in Auki was reported as vandalized last week, with further...

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