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
(March, 2023)	9.2%
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
(May 17, 2023)	SBD $5,434m
Interest Rates (December, 2022)
Deposit Rate	0.47%
Lending Rate	9.60%
Money Supply
(May 17, 2023)	SBD $5,907m

Monetary Statistics - May 17, 2023

LATEST NEWS

Press Release 05/2023: CBSI TO CONDUCT CAPITAL MARKET SURVEY NEXT WEEK

May 26, 2023 | Media, Press Releases

Press Release 05/2023: CBSI to conduct Capital Market Survey next weekThe Central Bank of Solomon Islands (CBSI) is preparing to conduct a major survey on the domestic Capital Market with the aim of developing and enhancing this area for future economic growth and...

Press Release 04/2023: CBSI/SIFIU Warns General Public Against On-going Scams

May 26, 2023 | Media, Press Releases

Press Release 04/2023: CBSI/SIFIU Warns General Public Against On-going ScamsThe Central Bank of Solomon Islands (CBSI) through its’ Solomon Islands Financial Intelligence Unit (SIFIU) is sending out a stern warning to the public about an increase in financial scams...

Capital Market Survey 2023

May 23, 2023 | Announcements, Media

Notice to the Public: Capital Market Survey 2023The Central Bank of Solomon Islands (CBSI) is planning to conduct a stakeholder Demand Survey on Capital Market this month (May) 2023.Click on the link below to download the detailed flyer. Click on the link below to...

Annual Report -2022

Apr 28, 2023 | Annual Reports, Publication

Central Bank of Solomon Islands Annual Report - 2022As required by the CBSI Act 2012, CBSI each year must produce an annual report of all its activities and engagements. The CBSI Annual Report for 2022 is now available. Click on the "download" link to access a soft...

Governors Official Statement: Launching of the 2022 Annual Report

Apr 27, 2023 | Annual Reports, Media, Speeches

Offical Statement by CBSI Governor, at the launch of the 2022 CBSI Annual Report, on the 27th 2023 at the Honiara HotelDr. Luke ForauDeputy Governor Central Bank of Solomon IslandsOfficial launching of the 2022 Annual Report - Honiara Hotel Honiara - 27th April...

Payment Systems Act – 2022

Apr 9, 2023 | Publication

Payment System ACT 2022The payments system Act is to provide for payments system and for any related purposes.

Press Release 03/23: CBSI and SINU sign MOU

Apr 4, 2023 | Media, Press Releases

Press Release 03/23: CBSI and SINU sign MOU The Central Bank of Solomon Islands (CBSI) has partnered with the Solomon Islands National University (SINU) to collaborate in areas of mutual interest to the Faculty of Business and Tourism Studies (FBTS) and CBSI. This...

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