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, 2023)	2.3%
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 22, 2023)	SBD $5,558m
Interest Rates (May, 2023)
Deposit Rate	0.47%
Lending Rate	9.29%
Money Supply
(November 22, 2023)	SBD $6,029m

Monetary Statistics - November 22, 2023

LATEST NEWS

Remarks by Governor Luke Forau at the Launch of the CBDC Proof of Concept Pilot Project, on 28th Nov 2023, at the Heritage Hotel

Nov 30, 2023 | Speeches

Remarks by Governor Luke Foray at the Launch of the CBDC Proof of Concept Pilot Project, on 28th Nov 2023 at the Heritage Park Hotel Dr Luke Forau Governor Central Bank of Solomon IslandsHeritage Park HotelHoniara - 28th November, 2023 [Salutation] The...

Keynote Address of the Prime Minister at the Launching of the Proof of Concept Central Bank Digital Currency – Bokolo Cash

Nov 30, 2023 | Speeches

Speech: Keynote Address of the Prime Minister at the Launch of the CBDC Proof of Concept Pilot Project, on 28th Nov 2023 , at the Heritage Park Hotel Honourable Manasseh Sogavare Prime Minister of Solomon Islands Heritage Park HotelHoniara - 28th November 2023 ...

Press Release 15/23: CBSI Hosts 38th Pacific Central Bank Governors Meeting

Nov 30, 2023 | Media, Press Releases

CBSI hosts 38th Pacific Central Bank Governor's Meeting The Central Bank of Solomon Islands (CBSI) is currently hosting the 38th Pacific Central Bank Governors Meeting (PCBGM) here in Honiara this week at the Heritage Park Hotel. This year’s theme is on Leveraging...

Monthly Economic Bulletin -October 2023

Nov 24, 2023 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin -October 2023The Monthly Economic Bulletin for October 2023 is now available.

Authorized Foreign Exchange Dealers Are Licensed By Central Bank of Solomon Islands

Nov 3, 2023 | Announcements

Authorized Foreign exchange dealers are licenced by central bank of Solomon islands The following authorized foreign exchange dealers are licensed by the Central Bank of Solomon Islands. Download the list from the link below.

CBSI Launches New $10 Commemorative Banknote honoring the 17th Pacific Games

Oct 28, 2023 | Media, Press Releases

CBSI launches new $10 Commemorative Banknote Honoring the 17th Pacific Games The Central Bank of Solomon Islands is thrilled to announce the release of our new $10 commemorative banknote, dedicated to commemorating the upcoming 17th Pacific Games scheduled to be held...

Assessment of the Retail Payments Ecosystem in the Solomon Islands

Oct 24, 2023 | Financial Inclusion, Publication

Assessment of the retail payments ecosystem in the Solomon Islands The Central Bank is thrilled to announce the release of our latest report, the "Assessment of the Retail Payments Ecosystem in the Solomon Islands." This report provides a comprehensive overview of the...

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